Tuesday, January 25, 2022

Daily Trading Analysis 25.01.2022

Trading Analysis of NZD/USD
NZD/USD: strong support is located around 0.6635 - UOB Group.







Our Analysis:

While the price is below 0.6860, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.6675
  • Take Profit 1: 0.6600
  • Take Profit 2: 0.6500

Alternative scenario:

If the level 0.6860 is broken-out, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.6860
  • Take Profit 1: 0.6960
  • Take Profit 2: 0.7065
Trading Analysis of EUR/USD
EUR/USD: risks of further declines under 1.13 - UOB Group.







Our Analysis:

While the price is below 1.1530, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.1308
  • Take Profit 1: 1.1170
  • Take Profit 2: 1.1100

Alternative scenario:

If the level 1.1530 is broken-out, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.1530
  • Take Profit 1: 1.1690
  • Take Profit 2: 1.1800
Fundamental Trading
Analysis of Disney
The Walt Disney Company, one of the leading names in the entertainment industry, lost 15% of its value last year. The fourth-quarter financial results, which disappointed Wall Street, certainly didn't help. 

Our Analysis:

As long as price is above 134.06, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 137.70
  • Take Profit 1: 141.20
  • Take Profit 2: 147.26

Alternative scenario:

If the level of 134.06 is broken-down, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 134.06
  • Take Profit 1: 129.00
  • Take Profit 2: 123.50
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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