Daily Trading Analysis 29.10.2021

Technical & Fundamental analysis

Trading Analysis of GBP/CHF The pound barely reacted to the UK budget and traders' attention will now shift to the Bank of England's monetary policy committee meeting on rate setting, which is due next Thursday. Our Analysis: While the price is above 1.2467, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2576 Take Profit 1: 1.2750 Take Profit 2: 1.2998 Alternative scenario: If the level 1.2467 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2467 Take profit 1: 1.2227 Take profit 2: 1.2083 Learn More Trading Analysis of NZD/CAD RBNZ, Orr: We are entering a world of other rates and other inflation. Our Analysis: As long as price is above 0.8650 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8877 Take Profit 1: 0.8900 Take Profit 2: 0.8990 Alternative scenario: If the level of 0.8650 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8650 Take profit 1: 0.8502 Take profit 2: 0.8414 Learn More Fundamental Trading Analysis of Intel The reporting period always attracts the attention of investors and can guide a company's stock to meaningful changes. Our Analysis: As long as the price is below 53.20, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 48.00 Take Profit 1: 45.20 Take Profit 2: 43.20 Alternative scenario: If the level of 53.20 is broken-out, follow the recommendations below:  Time frame: D1 Recommendation: long position Entry point: 53.20 Take Profit 1: 56.70 Take Profit 2: 58.70 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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