Tuesday, July 13, 2021

Daily Trading Analysis 13.07.2021

Trading Analysis of EUR/USD
ECB Governing Council member Kazimir: renewed tactics mean we will not allow for sustained inflation.






Our Analysis:

While the price is below 1.1985, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.1868
  • Take Profit 1: 1.1775
  • Take Profit 2: 1.1700

Alternative scenario:

If the level 1.1985 is broken-out, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.1985
  • Take Profit 1: 1.2100
  • Take Profit 2: 1.2190
Trading Analysis of GBP/USD


GBP/USD: might rise to 1.3960 - UOB Group.








Our Analysis:

While the price is below 1.4040, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.3887
  • Take Profit 1: 1.3670
  • Take Profit 2: 1.3540

Alternative scenario:

If the level 1.4040 is broken-out, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.4040
  • Take Profit 1: 1.4240
  • Take Profit 2: 1.4380

Fundamental Trading
Analysis of Microsoft 
Software giant Microsoft certainly deserves some credit for its successful transition from desktop computing to cloud computing. As a result, MSFT stock has surged. Many investors may be wondering whether Microsoft stock is worth buying right now.

Our Analysis:

While the price is above 263.00, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 277.49
  • Take Profit 1: 287.00
  • Take Profit 2: 300.00

Alternative scenario:

If the level 263.00 is broken-down, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 263.00
  • Take Profit 1: 252.65
  • Take Profit 2: 242.70
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.

No comments:

Post a Comment

This is why traders fail, Trader

Human emotions make trading and investing difficult. Do you know what I'm talking about? ...