The end of the trade war | 05 Maret 2019
05 Maret 2019, USD/JPY
USDJPY trading plan:
The U.S. stock market may show strong growth this week. U.S. President Donald Trump and his Chinese counterpart Xi Jinping could sign a formal trade pact at a summit around March 27, given progress in talks between the two countries. Investors are now optimistic about the prospects of the U.S. economy and the stock market. Trade war was a big risk - now the risk goes away. It is mutually beneficial for Washington and Beijing to stop the trade war. This is a good signal for the stock market and USD JPY, which has a correlation with the shares.
Trading recommendation: Buy 111.75 and take profit 112.15.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
