06 April 2021, USD/JPY
USDJPY trading plan:
The ISM’s non-manufacturing activity index rebounded to a reading of 63.7 last month also due to warmer weather. That was the highest in the survey’s history and followed 55.3 in February. A reading above 50 indicates growth in the services sector, which accounts for more than two-thirds of U.S. economic activity. A measure of U.S. services industry activity surged to a record high in March amid robust growth in new orders, in the latest indication of a roaring economy that is being boosted by increased vaccinations and massive fiscal stimulus. This is a positive macroeconomic statistic for the USDJPY and the U.S. stock market.
Investment idea: buy 110.00 and take profit 110.60.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts. This is the sixth portfolio already, developed by FreshForex specialists. Over the last year, we offered five investment portfolios to traders. Each of them showed a positive result. The total return was 79.2%.
2 steps to get the Invest-portfolio:
1. Fund your trading account with $70 or more from 2 to 30 April, 2021.
2. Send a request to [email protected] with your account number funded.
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