The good signal for the U.S. stock market and USD JPY | 04 Junio 2019

04 Junio 2019, USD/JPY

USDJPY trading plan:

Investors expect Federal Reserve interest rates to fall on July 31. This is a negative signal for the U.S. dollar! The reduction in the rate will cause an outflow of capital from us assets. Capital will go to emerging markets. We expect a technical correction in the U.S. stock market that will have a positive impact on the value of USDJPY. The head of the Federal Reserve can point to easing monetary policy today. The Federal Reserve cannot allow a recession in the economy. This is a good signal for the U.S. stock market and USD JPY, which has a correlation with the shares.

Trading recommendation: Buy 107.69 and take profit 108.20.

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.