10 февраля 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. The U.S. economy continued to do a good job with job creation in January. Nonfarm payrolls for the month rose by 225,000, up from a rise of 145,000 in December. This was well ahead of the expected 165,000, according to economists’ forecasts. Average hourly earnings, a measure of wage inflation, rose 0.2% in January, and were up 3.1% year on year. This was well ahead of the expected 3%, according to economists’ forecasts. This is a positive signal for the stock market!
Trading recommendation: Buy 109.68 and take profit 110.05.
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!