Tuesday, September 14, 2021

Daily Trading Analysis 14.09.2021

Trading Analysis of EUR/USD
EUR/USD cuts losses and rises above 1.1800 again.







Our Analysis:

While the price is below 1.1910, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.1804
  • Take Profit 1: 1.1750
  • Take Profit 2: 1.1660

Alternative scenario:

If the level 1.1910 is broken-out, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.1910
  • Take Profit 1: 1.1980
  • Take Profit 2: 1.2060

Trading Analysis of NZD/USD
New Zealand Prime Minister Ardern will reassess the danger levels on September 20.






Our Analysis:

While the price is above 0.6980, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.7105
  • Take Profit 1: 0.7200
  • Take Profit 2: 0.7290

Alternative scenario:

If the level 0.6980 is broken-down, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.6980
  • Take Profit 1: 0.6880
  • Take Profit 2: 0.6800

Fundamental Trading
Analysis of Tesla
We can see TSLA stock come back these days. After hitting a record high of $900 in January, Tesla stock lost more than a third of its value, dropping to $563 in March. But they've been steadily gaining since then. On Wednesday, Tesla closed the trading session at $753.87, up 34% from this year's low.

Our Analysis:

As long as the price is above the 705.00 level, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 739.63
  • Take Profit 1: 809.00
  • Take Profit 2: 832.00

Alternative scenario:

If the level of 705.00 is broken-down, follow the recommendations below:   
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 705.00
  • Take Profit 1: 668.00
  • Take Profit 2: 646.00

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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