17 February 2022, USD/JPY
USDJPY trading plan:
U.S. retail sales increased by the most in 10 months in January. Retail sales increased despite consumer sentiment sagging to a decade low in recent months. Spending is being supported by massive savings, high household wealth and a tightening labor market, though inflation is eroding wage gains. Retail sales last month were also lifted by higher prices because of shortages amid strained supply chains. They are mostly made up of goods and are not adjusted for inflation. January's solid real core retail sales suggested that consumer spending this quarter would probably not be as weak as traders had expected.
Investment idea: buy 114.82 and take profit 115.25.
In January, traders faced an uncertain, but very volatile situation in the markets: popular stock indices rose and fell in value, technology stocks have been made cheaper, and oil rose moderately but significantly. During such periods, it is especially important to know which instruments can bring profit.
Our analysts have created an investment portfolio that will smooth out anxiety and tell you about profitable instruments in February. The expected income on the portfolio could be 10%.
2 steps to get the Invest-portfolio:
✔ Make a deposit of $90 or more until February 28. You fully use these funds in trading.
✔ Send a request to school@freshforex.com with your account number funded.
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