Bullish rally on the US stock market | 11 Januari 2021

11 Januari 2021, USD/JPY

Bullish rally on the US stock market

USDJPY trading plan:

A bullish rally in the US stock market will have a positive impact on the value of USDJPY, as assets are correlated with each other. A backstop of nearly $900 billion in stimulus approved by the government last week, positive vaccine data and expectations of a bigger fiscal package and infrastructure spending under Democratic-led U.S. Congress have pushed Wall Street's main indexes to all-time highs. The party in control is going to want to inject a lot of stimulus and spending into the economy which in the near-term will be good for economic growth and the stock market.

Investment idea: Buy 103.79 and take profit 104.20.

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.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus