17 tháng Giêng 2020, USD/JPY
USDJPY trading plan:
Positive macroeconomic statistics from China will have a positive impact on the value of USDJPY. Retail sales rose 8% versus an estimate of 7.9%. Fixed-asset investment rose 5.4% in the year, versus an estimate of 5.2%. Real estate investment in China rose 9.9% in 2019 from a year earlier. The signing of the phase-one trade deal this week combined with recovering global demand have improved the outlook for Chinese factories and exporters in 2020.
Trading recommendation: Buy 110.11 and take profit 110.39.