The influx of capital into higher-yielding assets | 17 April 2019
17 April 2019, USD/JPY
USDJPY trading plan:
The inflow of capital into high-yield assets will have a positive impact on the value of USDJPY. Investors buy assets from emerging markets. Investors are willing to take risks. We see a bullish rally in the oil market - oil is a highly profitable asset. We see a decline in the value of gold - this is a negative signal for the Japanese yen, which has a direct correlation with the precious metal. Investment funds can now borrow in Japanese currency and direct them to purchase high-yield assets. This is a positive signal for buyers!
Trading recommendation: Buy 111.90 and take profit 112.35.
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.
