08 February 2021, EUR/USD
EURUSD trading plan:
The U.S. economy added only 49,000 jobs in the month through mid-January. The Bureau of Labor Statistics also revised its figures for December to show a net loss of 227,000 jobs, rather than the 140,000 originally reported. The data come against the backdrop of still-widespread restrictions on businesses, especially in the services sector, as a result of public health measures to stop the spread of Covid-19. As so often already, the main job losses came in the retail and entertainment sectors. General merchandise stores shed 30,000 jobs, eletronics and appliance stores shed 29,000 and amusement parks and casinos shed 27,000. Employment services, a category that covers sectors such as temporary labor, took up the slack with a gain of 62,000. Negative macroeconomic statistics from the United States will have a positive impact on the value of the euro.
Investment idea: Buy 1.2025 and take profit 1.2090.
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Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts. This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%.
2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from February 1 to 26, 2021.
2. Send a request to school@freshforex.com with your account number funded.
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