Daily Trading Analysis 15.02.2021

Technical & Fundamental analysis

Trading Analysis of USD/JPY Japanese Prime-Minister Y. Suga said that authorities are closely monitoring the situation on the currency market. That statement came out quite unexpectedly given the relatively calm yen's intraday dynamics. As a rule, such comments are made by the authorities only when the yen is strengthening sharply. As was reported in December, Suga gave orders to the Ministry of Finance not to let the pair fall below 100. Our Analysis: Provided that the currency pair is traded above 104.85, follow the recommendations below: Time frame: 30 min Recommendation: long position Entry point: 105.03 Take Profit 1: 105.30 Take Profit 2: 105.45 Alternative scenario: In case of breakdown of the level 104.85, follow the recommendations below: Time frame: 30 min Recommendation: short position Entry point: 104.85 Take Profit 1: 104.70 Take Profit 2: 104.60 Learn More Trading Analysis of S&P 500 Index U.S. stock indices reached record highs on Friday amid investors' hopes for new measures to support the U.S. economy. The Standard & Poor's 500 rose 18.45 points (0.47%) to 3,934.83 points. Our Analysis: Provided that the index is traded above 3880.50, follow the recommendations below: Time frame: H4 Recommendation: long position Entry point: 3951.00 Take Profit 1: 4000.00 Take Profit 2: 4100.00 Alternative scenario: In case of breakdown of the level 3880.50, follow the recommendations below: Time frame: H4 Recommendation: short position Entry point: 3880.50 Take Profit 1: 3815.00 Take Profit 2: 3775.00 Learn More Fundamental Trading Analysis of Apple Two years after becoming the first publicly-traded company with $1 trillion in sales, Apple became the world's first $2 trillion company in August 2020. Such expansive growth in recent years makes it clear that the company has done very well and that Apple shareholders made the right choice. Our Analysis:  While the price is above 125.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 135.00 Take Profit 1: 139.00 Take Profit 2: 145.00 Alternative scenario: If the level 125.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 125.00 Take Profit 1: 120.00 Take Profit 2: 113.00 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 Customer Contact Data Notice Sent by info@paxforex.org