The bullish rally on the U.S. stock | 31 3月 2020

31 3月 2020, USD/JPY

USDJPY trading plan:

The bullish rally on the U.S. stock market will have a positive impact on the value of USDJPY. The rally on stock market comes just days after Donald Trump signed the $2 trillion stimulus package, the largest aid package in U.S. history, to ensure the economy bounces back quickly from a widely expected recession. U.S. Federal Reserve cut interest rates again, injected trillions of dollars into the financial system and opened swap lines with other central banks to ease dollar strains overseas. Currency swap rates have calmed down and equities are rallying again.

Trading recommendation: Buy 108.17 and take profit 108.77.

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus