The European Central Bank may cause stock markets to grow | 08 tháng Ba 2019

08 tháng Ba 2019, USD/JPY

USDJPY trading plan:

New incentives from the European Central Bank may cause stock markets to grow. The regulator does not plan to raise interest rates in 2019. The Central Bank plans to issue preferential loans in large volumes. New liquidity will enter the markets in the near future. This is a positive signal for USD JPY, as the pair has a direct correlation with the shares. D. Trump said he was ready to conclude a trade agreement with China - this is a good signal for the stock market! U.S. president closely monitor the dynamics of the stock market. The stock market is among it is priorities.

Trading recommendation: Buy 110.85 and take profit 111.35.

David Johnson
Analyst of «FreshForex» company
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