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.
Company analyst FreshForex