11 February 2020, USD/JPY
USDJPY trading plan:
We are expecting a bullish rally on the U.S. stock market which will have a positive impact on the value of USDJPY. Of the 324 S&P 500 companies that have reported quarterly results so far, about 71% have beaten earnings estimates, which is above the long-term average of 65%. The S&P index recorded 36 new 52-week highs, while the Nasdaq recorded 76 new highs. A top U.S. central banker called for using new tools to push up stubbornly low inflation. "We need to embrace the mindset that inflation a bit above target is far better than inflation a bit below target in today’s economic environment," San Francisco Federal Reserve Bank President Mary Daly. This is positive news for stock markets.
Trading recommendation: Buy 109.80 and take profit 110.11.
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!
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