New coronavirus cases | 13 February 2020

13 February 2020, USD/JPY

New coronavirus cases

USDJPY trading plan:

Asian stock markets wobbled, while safe-havens such as gold and bonds rose as the number of new coronavirus cases and deaths in the outbreak's epicenter jumped. The rise in the number of cases, which came as officials adopted a new methodology for counting infections, is a sevenfold increase from a day earlier. More than 1,369 people have died from the epidemic in China and the total number of cases in Hubei province now stands at 59,807. This is a negative signal for stock markets and USDJPY.

Trading recommendation: Sell 109.88 and take profit 109.60.

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!

David Johnson
Analyst of «FreshForex» company
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