Positive macroeconomic statistics | 02 Abril 2019

02 Abril 2019, USD/JPY

Positive macroeconomic statistics

USDJPY trading plan:

I'm waiting for a “bull rally” in this currency pair! The United States pleases investors with positive macroeconomic statistics! The Institute of Supply Management said its manufacturing purchasing managers' index rose to 55.3 in March from 54.2 the previous month. February’s reading had been its lowest level since November 2016. The employment index rose to 57.5 from 52.3 - this is a strong result! This report indicates a high rate of employment growth. We can see a positive report on the labor market on Friday 5 April. This is a positive signal for the economy!

Trading recommendation: Buy 111.18 and take profit 111.75.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus