The bullish rally on the U.S. stock | 31 марта 2020

31 марта 2020, USD/JPY

USDJPY trading plan:

The bullish rally on the U.S. stock market will have a positive impact on the value of USDJPY. The rally on stock market comes just days after Donald Trump signed the $2 trillion stimulus package, the largest aid package in U.S. history, to ensure the economy bounces back quickly from a widely expected recession. U.S. Federal Reserve cut interest rates again, injected trillions of dollars into the financial system and opened swap lines with other central banks to ease dollar strains overseas. Currency swap rates have calmed down and equities are rallying again.

Trading recommendation: Buy 108.17 and take profit 108.77.

David Johnson
Analyst of «FreshForex» company
Согласны с этим обзором?
Мнения трейдеров:
Close
Авторизация
В вашем браузере отключена поддержка cookie. При отключенной поддержке cookie в браузере у вас могут возникнуть проблемы с отображением Личного кабинета. Как включить (активировать) поддержку cookie.