Positive macroeconomic statistics from the United States | 09 ديسمبر 2019

EURUSD trading plan:

We are recommending opening short positions on the Euro. Positive macroeconomic statistics from the United States will have a negative impact on the value of the Euro. Nonfarm payrolls rose by 266,000, the Labor Department said Friday, handily topping expectations for a rise of 186,000. That was the biggest rise in 10 months. The unemployment rate ticked down to 3.5% from 3.6%. Average hourly earnings rose 0.2%, while year over year they are up 3.1%. We have seen strong data on the labor market. The Federal Reserve will no longer cut interest rates. This is a positive signal for the U.S. currency!

Trading recommendation: Sell 1.1072 and take profit 1.1037.

TRADE OILS WITHOUT SWAPS!