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A positive signal for the stock markets!

A positive signal for the stock markets! | 31 Desember 2020

31 Desember 2020, USD/JPY

A positive signal for the stock markets!

USDJPY trading plan:

Dividend payments to investors in the S&P 500 rose to a new record in 2020, up 0.7% to $58.28 per share from the previous record set in 2019. A record dividend payment in the first quarter of 2020, and a stronger than expected payment in the fourth quarter led to record payouts to investors, the ninth straight annual record. While the S&P 500 index hit its lowest since 2016 in the early stages of the coronavirus pandemic, the U.S. stock index has since reached record highs. This is a good signal for the stock market and USDJPY, which has a correlation with the shares.

Investment idea: Buy 103.00 and take profit 103.35.

David Johnson
Analyst of «FreshForex» company
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