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Main » 2018 » May » 10 » Dollar yen forex forecast USD / JPY today 05/10/2018: The correlation of USD / JPY and the S & P500
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Dollar yen forex forecast USD / JPY today 05/10/2018: The correlation of USD / JPY and the S & P500

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Forex forecast pair USD / JPY today 10/05/2018
 

Players pair dollar yen in the first half of trading worth waiting for the depreciation of USD / JPY on the background of the negative in the credit market.

 

 

 

 

On the debt market the yield differential of US and Japanese 10-year bonds decreased. Next should wait to continue the upward trend USD / JPY on a background of rising stock markets. Asian markets are now confidently traded in the "green zone", while futures on the European and US indices also indicate the continuation of the bullish trend. The US S & P500 index on Wednesday set a fresh two-week high. Traders should expect the growth in S & P500 to a maximum of April (2720), which had a positive impact on quotes USD / JPY, because both tools have a strong correlation.

 

USD / JPY recommendation: Buy 109,60 / 109,30 and take profit 110,01.

 

 

 

 

Aleksandr Goryachev

Company analyst FreshForex
 

 

 

Views: 88 | Added by: mik | Tags: recommendation traders, forex usdjpy forecast, forex trading, traders usdjpy, the forecast today, the forecast usdjpy today, usdjpy fore, Forex | Rating: 0.0/0
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