Daily Trading Analysis 12.08.2021

Technical & Fundamental analysis

Trading Analysis of EUR/USD After the release of the U.S. inflation data, EUR/USD started rising, but TD Securities analysts do not have high hopes for this growth. Our Analysis: While the price is below 1.1980, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1718 Take Profit 1: 1.1700 Take Profit 2: 1.1600 Alternative scenario: If the level 1.1980 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1980 Take Profit 1: 1.2100 Take Profit 2: 1.2190 Learn More Trading Analysis of GBP/USD GBP/USD: the dollar determines the dynamics of the major currency pairs. Our Analysis: While the price is below 1.3960, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3823 Take Profit 1: 1.3735 Take Profit 2: 1.3570 Alternative scenario: If the level 1.3960 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3960 Take Profit 1: 1.4090 Take Profit 2: 1.4240 Learn More Fundamental Trading Analysis of Disney  Over the past 18 months, investments in the Walt Disney Company have been very risky. Virtually every aspect of the company's business has been severely limited or even halted at various points because of the pandemic. At present, it appears that Disney's recovery will be a mixed success.  Our Analysis: As long as the price is above171.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 178.00 Take Profit 1: 186.90 Take Profit 2: 191.20 Alternative scenario: If the level of 171.00 is broken-down, follow the recommendations below  Time frame: D1 Recommendation: short position Entry point: 171.00 Take Profit 1: 164.00 Take Profit 2: 159.70 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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