Correlation with the stock market | 22 April 2019
22 April 2019, USD/JPY
USDJPY trading plan:
The course of trading will continue to depend on the dynamics of the stock market. The U.S. stock market grew on last week - the leaders of the growth were securities of the high-tech sector. This is a good signal! The growth of stock markets will have a positive impact on the value of USDJPY. Interest rates on U.S. bonds are falling - this is a positive factor for the shares. The Federal Reserve will reduce the sale of the sleep bond $ 20 billion from May 1. This factor will have a positive impact on the share price.
Trading recommendation: Buy 111.83 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.
