Correlation between USDJPY and #SP500 | 26 سبتمبر 2019
26 سبتمبر 2019, USD/JPY
USDJPY trading plan:
We are expecting the continuation of the bullish rally in the stock markets which will have a positive impact on the value of the currency pair USDJPY. Japan and the U.S. said they wanted to finish their trade talks within about four months. They said that, “while faithfully implementing these agreements, both nations will refrain from taking measures against the spirit of these agreements and this joint statement.” Rising stocks outnumbered declining ones on the NYSE by 1802 to 1057 and 96 ended unchanged.
Trading recommendation: Buy 107.59 and take profit 108.10.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
