Daily Trading Analysis 13.01.2021

Technical & Fundamental analysis

Trading Analysis of NZD/USD The head of the Federal Reserve Bank of Atlanta, Bostick: we may see a more significant price rebalancing than expected: We will see how much inflation recovers; We hope that the 2% inflation rate in the U.S. will be reached faster. Our Analysis: Provided that the currency pair is traded above 0.7200, follow the recommendations below: Time frame: 30 min Recommendation: long position Entry point: 0.7225 Take Profit 1: 0.7257 Take Profit 2: 0.7272 Alternative scenario: In case of breakdown of the level 0.7200, follow the recommendations below: Time frame: 30 min Recommendation: short position Entry point: 0.7200 Take Profit 1: 0.7175 Take Profit 2: 0.7160 Learn More Trading Analysis of GOLD/USD The gold price climbed nearly 1 percent on Tuesday, retreating from a one-month low the day before, as investors focused on the outlook for inflation, which could be fueled by additional stimulus measures in the U.S. under President-elect Joe Biden. Our Analysis: Provided that the price is above 1847.00, follow these recommendations: Time frame: 30 min Recommendation: long position Entry point: 1859.00 Take Profit 1: 1871.00 Take Profit 2: 1880.00 Alternative scenario: In case of breakdown of the level 1847.00, follow the recommendations below: Time frame: 30 min Recommendation: short position Entry point: 1847.00 Take Profit 1: 1837.00 Take Profit 2: 1829.00 Learn More Fundamental Trading Analysis of Bank of America Being the second-largest U.S. bank, Bank of America was hit along with the rest of the industry, as the economy left much to be desired in 2020. But the bank is still well-capitalized, with sufficient leverage to handle even the severest possible scenarios in 2021, and it stands a good chance of returning to growth. Today, we suggest you consider what traders can expect from Bank of America this year. Our Analysis: Provided that the price is above 31.50, follow these recommendations: Time frame: D1 Recommendation: long position Entry point: 32.86 Take Profit 1: 35.70 Take Profit 2: 36.70 Alternative scenario: In case of breakdown of the level 31.50, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 31.50 Take Profit 1: 29.80 Take Profit 2: 28.80 Learn More ‌ ‌ ‌ ‌ ‌ Risk Warning: Forex and CFD trading carry a high degree of risk. As such they may not be suitable for all investors. Investors should ensure they fully understand the risks associated with CFD trading before deciding to trade. Investors may choose to seek independent advice and should not risk more than they are prepared to lose.

Laino Group Limited | Cedar Hill Crest, Villa, Kingstown, St. Vincent & Grenadines Unsubscribe edwardlorilla1986.paxforex@blogger.com About our service provider Sent by info@paxforex.org