Daily Trading Analysis 17.02.2021

Technical & Fundamental analysis

Trading Analysis of USD/CHF , president, and CEO of the Federal Reserve Bank of St. Louis: The inflation situation is quite positive: Inflation will rise this year; The Fed will take into account the inflation situation; There is no bubble inflating in the stock markets, it's just the normal process of investing; There is high activity in the markets, at times there is high speculative activity; Overall financial conditions are positive; At the moment there is not that panic, which was in March and April of last year. Our Analysis: Provided that the currency pair is traded above 0.8905, follow the recommendations below: Time frame: 30 min Recommendation: long position Entry point: 0.8932 Take Profit 1: 0.8945 Take Profit 2: 0.8965 Alternative scenario: In case of breakdown of the level 0.8905, follow the recommendations below: Time frame: 30 min Recommendation: short position Entry point: 0.8905 Take Profit 1: 0.8885 Take Profit 2: 0.8865 Learn More Trading Analysis of Nasdaq 100 Index During the trading on Tuesday the American stock indices did not show any single dynamic: the Dow Jones rose to a record high, while the S&P 500 and the Nasdaq declined. The Nasdaq Composite lost 47.97 points (0.34%) to 14047.5 points. Our Analysis: Provided that the index is traded below 13875.00, follow the recommendations below: Time frame: H4 Recommendation: short position Entry point: 13774.00 Take Profit 1: 13725.00 Take Profit 2: 13630.00 Alternative scenario: In case of breakout of the level 13875.00, follow the recommendations below: Time frame: H4 Recommendation: long position Entry point: 13875.00 Take Profit 1: 13995.00 Take Profit 2: 14090.00 Learn More Fundamental Trading Analysis of Cisco Over the past few years, Cisco Systems has been working to update its classic portfolio of services to better challenge the various fast-growing, innovative players it competes with a variety of markets. But because of the company's large scale, the transition has taken some time, and it contributed to the tech giant reporting a fifth consecutive quarter of declining revenue last week. Our Analysis:  While the price is above 45.80, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 47.29 Take Profit 1: 49.50 Take Profit 2: 50.30 Alternative scenario: If the level 45.80 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 45.80 Take Profit 1: 44.30 Take Profit 2: 43.40 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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