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The positive trade talks between the US and China

The positive trade talks between the US and China | 27 Noviembre 2019

27 Noviembre 2019, USD/JPY

The positive trade talks between the US and China

USDJPY trading plan:

We are expecting the continuation of the bullish rally in the stock markets, which will have a positive impact on the value of USDJPY. U.S. President Donald Trump said the United States and China are close to agreement on the first phase of a trade deal after top negotiators from the two countries spoke by telephone and agreed to keep working on remaining issues. Investors increase long positions in stock markets. The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 2.78% to 11.54 a new 52-week low. This is a positive signal for the stock markets!

Trading recommendation: Buy 109.05 and take profit 109.40.

TRADE OILS WITHOUT SWAPS!

David Johnson
Analyst of «FreshForex» company
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