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Business / Finance

Fundamental analysis of the Forex market - Buy!

FreshForex news RSS 12.11.2018 at 06:57

News Forex from FreshForex

USDJPY - Down

Events that should pay attention today:

US – Bank holiday.

USD/JPY:

to Buy a pair for two reasons. First, today there is a rally on Asian stock markets that will support the couple, because its dynamics is highly dependent on investor sentiment in the stock markets. Second, the yield spread on 10-year government bonds USA and Japan today updated six-month high and continues to grow, which is also a positive for the pair, as the growth of this indicator will facilitate the inflow of capital into us assets, and thus provide strong support for the dollar.

Trade recommendation: Buy 114,10/113,80 and take profit 114.54.

Invite you to discuss these issues on the webinar, which will be held today at 10.30 GMT.

And you know where the highest yield on JPY?

Even more trading tools. Read more...

With other analytical reviews you can find on the website "FreshForex".