17 April 2019, USD/JPY
USDJPY trading plan:
The inflow of capital into high-yield assets will have a positive impact on the value of USDJPY. Investors buy assets from emerging markets. Investors are willing to take risks. We see a bullish rally in the oil market - oil is a highly profitable asset. We see a decline in the value of gold - this is a negative signal for the Japanese yen, which has a direct correlation with the precious metal. Investment funds can now borrow in Japanese currency and direct them to purchase high-yield assets. This is a positive signal for buyers!
Trading recommendation: Buy 111.90 and take profit 112.35.