Positive dynamics of the U.S. stock market | 27 Marzo 2019

USDJPY trading plan:

The positive dynamics of the U.S. stock market will have a positive impact on the value of USDJPY. The S&P 500 posted 37 new 52 week high - that's strong! The stock market's gains came after two sessions of declines - investors are buying shares as the Federal Reserve promises not to raise interest rates in 2019. On March 29, the US and China trade talks will be held. U.S. Treasury Secretary Steven Terner Mnuchin is preparing a trade deal. This is a positive signal for the stock market. This is a good signal for the USDJPY, which has a correlation with the shares.

Trading recommendation: Buy 110.40 and take profit 111.05.