Daily Trading Analysis 24.08.2021

Technical & Fundamental analysis

Trading Analysis of EUR/USD EUR/USD: taken at 1.1800 - UOB Group. Our Analysis: While the price is below 1.1870, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1743 Take Profit 1: 1.1580 Take Profit 2: 1.1500 Alternative scenario: If the level 1.1870 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1870 Take Profit 1: 1.1980 Take Profit 2: 1.2100 Learn More Trading Analysis of GBP/USD GBP/USD: consolidates in the range of 1.3640-1.3850 - UOB Group. Our Analysis: While the price is below 1.3880, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3735 Take Profit 1: 1.3570 Take Profit 2: 1.3430 Alternative scenario: If the level 1.3880 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3880 Take Profit 1: 1.3985 Take Profit 2: 1.4090 Learn More Fundamental Trading Analysis of eBay  Since the end of March 2020, eBay's stock price has risen 146%. Due to the unfortunate COVID-19 situation, many people have been forced to turn to reliable online sources to buy goods, and the e-commerce marketplace eBay has received a huge boost from this wave of traffic. Revenue growth accelerated from a 2% year-over-year decline in the first quarter of 2020 to 42% in the first quarter of 2021.  Our Analysis: As long as the price is above 69.10, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 72.84 Take profit 1: 80.30 Take Profit 2: 83.10 Alternative scenario: If the 69.10 level is broken-down, follow the recommendations below:    Time frame: D1 Recommendation: short position Entry point: 69.10 Take profit 1: 64.50 Take Profit 2: 61.80 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 Constant Contact Data Notice Sent by info@paxforex.org