Investors are expected the G-20 | 25 Juni 2019

25 Juni 2019, USD/JPY

Investors are expected the G-20

USDJPY trading plan:

Investors are expected the G-20 summit to be held in Tokyo on June 28-29. Investors are taking a wait-and-see position. President USA Donald Trump by tweeting last week that he had a “very good” phone call with Chinese President Xi Jinping, prompting speculation that the two might have a preliminary trade deal. United States and China trade negotiations are an important topic for financial markets. This is factor has a strong impact on the financial markets and the currency pair USDJPY, which has a correlation with the S&P500.

Trading recommendation: range 106.40 -107.30.


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.
David Johnson
Analyst of «FreshForex» company
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