Good news and bad news | 10 Juli 2019

10 Juli 2019, USD/JPY

Good news and bad news

USDJPY trading plan:

Good news and bad news. The good news is the continuation of the bull rally in the U.S. stock market. White House economic adviser L. Kudlow said China was expected to move forward with agricultural purchases from the United States as trade talks resumed between the two countries after a two-month hiatus. This is a good signal for the stock market and USD JPY, which has a correlation with the shares. The bad news is the negative signals from the head of the Federal Reserve. Jerome Powell will be speaking in Congress and may point to increased risks to the economy.

Trading recommendation: range 108.40 -109.15

David Johnson
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.