20 Maret 2019, USD/JPY
USDJPY trading plan:
Trading dynamics will depend on two factors. The first factor is the growth of equity markets. The increase in the share price always has a positive impact on USDJPY. The Japanese yen is the funding currency in carry trade operations. The second factor is the FED interest rate decision. FOMC will not raise the discount rate, which is a negative factor for the US dollar. Negative macroeconomic statistics on retail trade, industrial production and the real estate market will allow the FED to raise interest rates. We get good news and bad news today. The market will rise and fall today.
Trading recommendation: range 110.95 -111.95.