Confidence of the US consumers is declining
According to published data, the consumer expectations index from the University of Michigan in October fell to around 90.5, against the previous value of 91.3. The consumer sentiment index from the University of Michigan also fell slightly in October and was 100.7, which is below the September value of 101.1.
Technical analysis: Based on this statistics, the US dollar eased its pressure on its main competitors, which is why the pair USD/JPY perfectly fulfills the main resistance levels, which allowed all who used my analytics to earn from 50 to 60 points of profit. For more details see https://esterholdings.com/en/2017/10/26/dollar-ssha-sohranyaet-preimushhestvo-3/
Fig. Current price USD/JPY – 113.73
Alexander Sivtsov
