Positive news from the United States | 14 Agosto 2020

14 Agosto 2020, USD/JPY

Positive news from the United States

USDJPY trading plan:

Initial claims for state unemployment benefits decreased 228,000 to a seasonally adjusted 963,000 for the week ended Aug. 8. That was the lowest level since mid-March when authorities started shutting down non-essential business to slow the spread of the novel COVID-19. There were big declines in claims last week in Florida, Georgia and California. The Federal Reserve has published a schedule of government bond buybacks for the coming week. The maximum volume is today. This is a good signal for the American stock market. This is a good signal for the stock market and USD JPY, which has a correlation with the shares.

Trading recommendation: Buy 106.55 and take profit 107.00.

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.