The bullish rally in the stock markets | 19 September 2019

19 September 2019, USD/JPY

The bullish rally in the stock markets

USDJPY trading plan:

We are expecting the continuation of the bullish rally in the stock markets, which will have a positive impact on the value of the currency pair USDJPY. U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks today. The talks to be held for the first time in nearly two months as the world's two largest economies try to bridge deep policy differences and find a way out of a bitter and protracted trade war. Trade talks could lead to an interim deal between Washington and Beijing. This is a positive signal for the stock markets!

Trading recommendation: Buy 108.14 and take profit 108.45.

TRADE METALS WITHOUT SWAPS!

David Johnson
Analyst of «FreshForex» company
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