The bullish rally in the stocks | 26 May 2020

26 May 2020, USD/JPY

The bullish rally in the stocks

USDJPY trading plan:

The bullish rally in the stocks market will have a positive impact on the value of USDJPY. Japan's Nikkei took the lead with a rise of 2.51% to its highest since early March when the economic impact of the COVID-19 was just becoming clear. Japan ended its nationwide state of emergency. This is a positive signal for the economy and the stock market! Chinese blue chips firmed 0.85% after the country's central bank said it would strengthen economic policy and continue to push to lower interest rates on loans.

Trading recommendation: Buy 107.70 and take profit 108.05.

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus