Daily Trading Analysis 01.02.2021

Technical & Fundamental analysis

Trading Analysis of GBP/USD According to the press secretary of the British Prime Minister B. Johnson, the authorities have full confidence in their supply chains for the Coronavirus vaccine. He confirmed that distribution of the vaccine within the United Kingdom would continue on an equitable basis, but refrained from commenting on contractual agreements between AstraZeneca and the EU. Our Analysis: Provided that the currency pair is traded above 1.3690, follow the recommendations below: Time frame: 30 min Recommendation: long position Entry point: 1.3729 Take Profit 1: 1.3755 Take Profit 2: 1.3775 Alternative scenario: In case of breakdown of the level 1.3690, follow the recommendations below: Time frame: 30 min Recommendation: short position Entry point: 1.3690 Take Profit 1: 1.3670 Take Profit 2: 1.3655 Learn More Trading Analysis of Nasdaq 100 Index U.S. stock indices declined sharply in last January trading, with the Dow and S&P 500 indicators suffering their biggest losses in a month since October amid volatility due to fears of a market bubble over the performance of GameStop Corp (NYSE:GME). and AMC Entertainment Holdings Inc. Our Analysis: Provided that the index is traded below 13170.00, follow the recommendations below: Time frame: H4 Recommendation: short position Entry point: 12885.00 Take Profit 1: 12725.00 Take Profit 2: 12445.00 Alternative scenario: In case of breakout of the level 13170.00, follow the recommendations below: Time frame: H4 Recommendation: long position Entry point: 13170.00 Take Profit 1: 13375.00 Take Profit 2: 13600.00 Learn More Fundamental Trading Analysis of eBay  No doubt, eBay shareholders had a fantastic 2020, as stock prices comfortably outperformed the wider market during the pandemic-driven e-commerce boom. To be fair, companies like Amazon and Shopify did better. But eBay's nearly 40 percent jump in stock prices showed some big operational accomplishments and outperformed other big online businesses, including Walmart. Our Analysis: While the price is above 53.75, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 56.50 Take Profit 1: 59.80 Take Profit 2: 62.00 Alternative scenario: If the level 53.75 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 53.75 Take Profit 1: 51.45 Take Profit 2: 49.85 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.

PaxForex | London, London, E16AN United Kingdom Unsubscribe edwardlorilla1986.paxforex@blogger.com About our service provider Sent by info@paxforex.org