Daily Trading Analysis 18.01.2021

Technical & Fundamental analysis

Trading Analysis of AUD/USD Fed chief Powell: the time to raise rates will not come soon: The Fed does not stick to any formula about the target level of inflation;  In order to reach the 2% inflation target, the average inflation rate needs to be 2%;  We agree to let the 2% target be exceeded so that the average inflation rate is 2%; Flexible inflation targeting means that we are not tied to a mathematical formula; We would like to limit inflation expectations to the 2% mark;  Since we announced the policy change, there has been evidence that market expectations have come into alignment; We do not plan to raise rates to avoid the theoretical risks associated with inflation and imbalances. Our Analysis: Provided that the currency pair is traded below 0.7720, follow the recommendations below: Time frame: 30 min Recommendation: short position Entry point: 0.7690 Take Profit 1: 0.7655 Take Profit 2: 0.7640 Alternative scenario: In case of breakout of the level 0.7720 follow the recommendations below: Time frame: 30 min Recommendation: long position Entry point: 0.7720 Take Profit 1: 0.7740 Take Profit 2: 0.7760 Learn More Trading Analysis of Dow Jones 30 Index U.S. stock indices closed trading lower on Friday, posting their biggest weekly decline since October 30. Investors were assessing President-elect Joe Biden's pandemic economic aid plan COVID-19 and the quarterly results of major banks. The $1.9 trillion package presented by Biden includes, among other things, direct payments to U.S. residents, unemployment benefits supplements, and an increase in the minimum wage Our Analysis: Provided that the index is traded above 30535.00, follow the recommendations below: Time frame: H4 Recommendation: long position Entry point: 30784.00 Take Profit 1: 30980.00 Take Profit 2: 31260.00 Alternative scenario: In case of breakdown of the level 30535.00, follow the recommendations below: Time frame: H4 Recommendation: short position Entry point: 30535.00 Take Profit 1: 30060.00 Take Profit 2: 29820.00 Learn More Fundamental Trading Analysis of Intel  Intel is the largest chipmaker in the world, manufacturing products that range from personal computers to data centers. The company is also currently the leading supplier of CPUs for laptops, desktops, and servers. However, opposition from ARM, Advanced Micro Devices, and NVIDIA has been putting tension on Intel recently, and it's beginning to take its toll on the famous company. Let's take a look at a few reasons for the possible anxiety among investors. Our Analysis: While the price is above 54.10, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 57.50 Take Profit 1: 64.80 Take Profit 2: 67.40 Alternative scenario: If the level 54.10 is broken-down, follow the recommendations below. Time frame: D1 Recommendation: short position Entry point: 54.10 Take Profit 1: 50.40 Take Profit 2: 48.30 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.

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