Friday, January 28, 2022

Daily Trading Analysis 28.01.2022

Trading Analysis of GBP/CHF
Rabobank economists have serious doubts that the Bank of England's (BoE) actions will meet market expectations, i.e. that the Bank will aggressively raise rates this year.






Our Analysis:

While the price is above 1.2104, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.2469
  • Take Profit 1: 1.2519
  • Take Profit 2: 1.2654

Alternative scenario:

If the level 1.2104 is broken-down, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.2104
  • Take profit 1: 1.1837
  • Take profit 2: 1.1678
Trading Analysis of NZD/CAD
The RBNZ will be forced to raise the rate to 3% - ANZ.







Our Analysis:

As long as price is below 0.8615 follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.8372
  • Take Profit 1: 0.8350
  • Take Profit 2: 0.8298

Alternative scenario:

If the level of 0.8615 is broken-out, follow the recommendations below::         
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.8615
  • Take profit 1: 0.8753
  • Take profit 2: 0.8835
Fundamental Trading
Analysis of Boeing
Boeing has repeatedly disappointed investors and customers over the past few years. Since the beginning of 2019 alone, most of the company's major revenue-generating aviation and defense programs have faced significant setbacks.
Our Analysis:

As long as the price is below 142.70, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 135.13
  • Take Profit 1: 125.20
  • Take Profit 2: 121.70

Alternative scenario:

If the level of 142.70 is broken-out, follow the recommendations below:     
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 142.70
  • Take Profit 1: 148.90
  • Take Profit 2: 152.60
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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