14 February 2020, EUR/USD
EURUSD trading plan:
Good news and bad news. Positive macroeconomic statistics from the United States will have a negative impact on the value of the Euro. U.S. underlying consumer prices picked up in January as households paid more for rents and clothing. Underlying inflation in January was also lifted by increases in the prices of airline tickets, healthcare, recreation and education. In the 12 months through January, the core CPI increased 2.3%, rising by the same margin for four straight months. We are expecting an uptrend in the oil market. This is a positive signal for the Euro. Oil prices appear to have stabilized this week on optimism that OPEC+ will once again do whatever it takes to tighten output and on hope that the coronavirus peak is nearing.
Trading recommendation: range 1.0820 -1.0860.
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.
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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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