Correlation between USDJPY and #SP500 | 15 Noviembre 2019

15 Noviembre 2019, USD/JPY

Correlation between USDJPY and #SP500

USDJPY trading plan:

A bullish rally in the stock markets will have a positive impact on the value of the USDJPY. White House economic adviser Larry Kudlow said on Thursday that Washington was getting close to a trade agreement with China, providing a fillip to investor confidence. China's commerce ministry said that the two countries are holding "in-depth" discussions on a first phase trade agreement, and that cancelling tariffs is an important condition to reaching a deal. We are expecting new records in the U.S. stock market today!

Trading recommendation: Buy 108.45 and take profit 108.97.

TRADE OILS WITHOUT SWAPS!

David Johnson
Analyst of «FreshForex» company
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