Tuesday, February 1, 2022

Daily Trading Analysis 01.02.2022

Trading Analysis of NZD/USD
NZD/USD: strong domestic data and RBA action will lift the kiwi.







Our Analysis:

While the price is below 0.6735, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.6676
  • Take Profit 1: 0.6500
  • Take Profit 2: 0.6400

Alternative scenario:

If the level 0.6735 is broken-out, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.6735
  • Take Profit 1: 0.6960
  • Take Profit 2: 0.7065
Trading Analysis of EUR/USD
EUR/USD: getting closer to 1.1200.








Our Analysis:

While the price is below 1.1530, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.1233
  • 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 Alphabet
Alphabet, Google's parent company, has returned about 800% to its investors over the past 10 years, more than double the return of the NASDAQ, which was nearly 400%.

 
Our Analysis:

As long as the price is below 2758.00, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 2713.00
  • Take Profit 1: 2443.00
  • Take Profit 2: 2376.00

Alternative scenario:

If the level of 2758.00 is broken-out, follow the recommendations below:       
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 2785.00
  • Take Profit 1: 2876.00
  • Take Profit 2: 2939.00
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.

No comments:

Post a Comment

This company grew 32,481%

No it's not Nvidia                                                                                                           Named la...