Correlation between USDJPY and #SP500 | 17 Oktober 2019

17 Oktober 2019, USD/JPY

Correlation between USDJPY and #SP500

USDJPY trading plan:

The bullish rally in the stock markets will have a positive impact on the value of the currency pair USDJPY. The Federal Reserve is pursuing a stimulating monetary policy, which is a positive factor for stock markets. Lower interest rates and the purchase of short-term bonds will have a positive impact on the value of corporate shares. The Federal Reserve buys three billion dollars worth of bonds every day. "FED printing press" has always had a positive impact on the stock market. We are expecting the U.S. stock index #SP500 to rise to the level of 3010 today.

Trading recommendation: Buy 108.57 and take profit 109.00.

TRADE METALS WITHOUT SWAPS!

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.