06 Desember 2019, USD/JPY
USDJPY trading plan:
A bullish rally in the stock markets will have a positive impact on the value of USDJPY. Trump said on Thursday that negotiations with China are going "very well". Investors increase long positions in stock markets. We are seeing an upward trend in the markets of Asia and Europe. The Bank of China has injected 300 billion Yuan of liquidity into the financial system through a medium-term lending facility. The positive news for the stock markets. Central banks in the US, Euro zone, Japan and China are actively printing money - a positive process for stock markets.
Trading recommendation: Buy 108.50 and take profit 109.00.