Bullish rally in the USA, Brazil and Germany | 22 May 2019

22 May 2019, USD/JPY

Bullish rally in the USA, Brazil and Germany

USDJPY trading plan:

Investors buy shares against the background of reduced geopolitical risks. We are see bullish rally in the USA, Brazil and Germany. U.S. President Donald Trump added Huawei Technologies to a trade blacklist last week, leading several companies to suspend business with the world's largest telecom equipment maker, a move that could weigh on their sales. But on Monday, the USA granted the Chinese telecoms equipment maker a license to buy U.S. goods until Aug. 19. This is a good signal for the stock market and USD JPY, which has a correlation with the shares.

Trading recommendation: Buy 110.35 and take profit 110.90.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus