Thursday, December 30, 2021

Daily Trading Analysis 30.12.2021

Trading Analysis of GBP/CAD
The Bank of England's drive to fight inflation may be premature and counterproductive.






Our Analysis:

While the price is above 1.6772, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.7196
  • Take Profit 1: 1.7250
  • Take Profit 2: 1.7584

Alternative scenario:

If the level 1.6772 is broken-down, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.6772
  • Take profit 1: 1.6408
  • Take Profit 2: 1.6192
Trading Analysis of EUR/CAD
ECB, Knott: Inflation may stay above 2% even after 2022.







Our Analysis:

As long as price is above 1.4172 follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.4487
  • Take Profit 1: 1.4700
  • Take Profit 2: 1.4998

Alternative scenario:

If the level of 1.4172 is broken-down, follow the recommendations below:         
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.4172
  • Take profit 1: 1.3995
  • Take Profit 2: 1.3826
Fundamental Trading
Analysis of Disney
The relaunch of Walt Disney's theme parks and growth from three streaming services (Disney+, Hulu, ESPN+) were not enough to boost the stock in 2021.



Our Analysis:

As long as the price is above 147.70, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 155.20
  • Take Profit 1: 163.90
  • Take Profit 2: 167.50

Alternative scenario:

If the level of 147.70 is broken-down, follow the recommendations below:         
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 147.70
  • Take Profit 1: 141.70
  • Take Profit 2: 138.20
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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