Trade negotiations the United States and China | 11 Junio 2019

11 Junio 2019, USD/JPY

Trade negotiations the United States and China

USDJPY trading plan:

Bullish rally in the stock markets will have a positive impact on the value of USDJPY, which has a correlation with the stock markets. The S&P 500 index and the Dow Industrials rose to a one-month high, following their biggest weekly gains on Friday since the end of November. The benchmark index is now just 2% short of its all-time high hit in early May. The S&P index recorded 58 new 52-week highs and no new low. D. Trump said he was ready to conclude a trade deal with China. The Chinese are silent, but investors believe in the possibility of a trade agreement between Washington and Beijing. This is a positive signal for the stock markets!

Trading recommendation: Buy 108.45 and take profit 108.93.

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.