The bullish rally in the stock markets | 30 سبتمبر 2019

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. “The administration White House is not contemplating blocking Chinese companies from listing shares on U.S. stock exchanges at this time,” Treasury spokeswoman Monica Crowley said. The Trump administration is also getting ready to host Chinese Vice Premier Liu He and other senior officials for trade talks expected Oct. 10-11. China on Sunday declared that the government would continue to open up its financial markets and encourage foreign investment.

Trading recommendation: Buy 107.62 and take profit 108.05.

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