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The trade talks between Washington and Beijing

The trade talks between Washington and Beijing | 11 Noviembre 2019

11 Noviembre 2019, USD/JPY

The trade talks between Washington and Beijing

USDJPY trading plan:

Donald Trump's comments on trade talks between Washington and Beijing could force investors to lock in profits on long positions on stocks market. This is a negative signal for the stock market and USD JPY, which has a correlation with the shares. Donald Trump said on Friday that he would not fully roll back tariffs, but that a deal could be signed with Chinese President Xi Jinping in Iowa by the end of the month, adding that China wants to make a deal. “They’d like to have a rollback, I haven’t agreed to anything,” Trump told reporters. “China would like to get somewhat of a rollback - not a complete rollback, because they know I won’t do it.”

Trading recommendation: range 108.75 -109.34.

TRADE OILS WITHOUT SWAPS!

David Johnson
Analyst of «FreshForex» company
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