Positive macroeconomic statistics from the United States | 17 فبراير 2020

17 فبراير 2020, USD/JPY

USDJPY trading plan:

A bullish rally on the U.S. stock market will have a positive impact on the value of USDJPY. Positive macroeconomic statistics from the United States signal a continuation of the upward trend in the stock market. The retail sales rose 0.3% in January. Auto sales rebounded 0.2% after slumping 1.7% in December. Sales at building material stores jumped 2.1%, the most since last August. Sales at restaurants and bars increased 1.2%. Spending at hobby, musical instrument and book stores edged up 0.1%.

Trading recommendation: Buy 109.77 and take profit 110.00.

In December we have shared a strategy for gold trading, and FreshForex clients have earned 121% from it. This strategy was suitable for trading in December and January.

Now you can test the new strategy, already in January it showed a return of 19% and is suitable for any season.

How to receive the trading strategy?

1) Fund the account on $100 or more from February 4 to February 29, 2020.

2) send e-mail to school@freshforex.com with the account number, funded on $100 or more.

Make a strong strategic move!


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
David Johnson
Analyst of «FreshForex» company
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