G-20 Summit | 28 Juni 2019
28 Juni 2019, USD/JPY
USDJPY trading plan:
Investors buy's shares in stock markets. Donald Trump and Chinese President Xi Jinping will avoid escalating their dispute over trade when they meet on Saturday on the sidelines of the G20 summit. Donald Trump began preparing for the election of the President of the United States, which will be held on 3 November 2020. Trump needs to conclude a trade agreement with China to ensure the growth of the economy and the stock market. Investors sell gold and buy shares. This is a good signal for the stock market and USD JPY, which has a correlation with the shares.
Trading recommendation: Buy 107.55 and take profit 108.01.
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.
