Weekend | 27 Mei 2019

27 Mei 2019, USD/JPY

Weekend

USDJPY trading plan:

Trade conflict the United States and China adversely affects the value of USD JPY. The US stock market shows a decline in May 1. This is a bad signal for the stock market and USD JPY, which has a correlation with the shares. Washington and Beijing do not think about compromise. The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 6.32% to 15.85. The decrease indicates a bullish trend in the stock market. Active trading will begin on Tuesday 28 may - Americans are resting today.

Trading recommendation: range 109.05- 109.75.

David Johnson
Analyst of «FreshForex» company
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