Correlation of USDJPY and S&P500 | 13 Maret 2019

13 Maret 2019, USD/JPY

Correlation of USDJPY and S&P500

USDJPY trading plan:

The course of trading will continue to depend on the dynamics of the stock market. The U.S. stock market grew - the leaders of the growth were securities of the high-tech sector. This is a good signal for investors! The bullish trend has shown Apple's stock. Apple's video streaming service could reach 100 million subscriptions in three to five years, bringing $7 billion to $10 billion in annual revenue. On the trade front, U.S. trade representative R. Lighthizer said the U.S. and China were in the "final weeks" of trade talks. USD PY has a correlation with the S&P500 index. The growth of the stock market is a good signal for the bulls!

Trading recommendation: Buy 111.18 and take profit 111.76.

David Johnson
Analyst of «FreshForex» company
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