Daily Trading Analysis 08.02.2022

Technical & Fundamental analysis

Trading Analysis of NZD/USD NZD/USD: potential for another drop under 0.65 - Westpac. Our Analysis: While the price is below 0.6735, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6632 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 Learn More Trading Analysis of EUR/USD EUR/USD: breakout of 1.14 will cause a fall to 1.1350 - Scotiabank. Our Analysis: While the price is below 1.1530, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1416 Take Profit 1: 1.1350 Take Profit 2: 1.1170 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 Learn More Fundamental Trading Analysis of AT&T AT&T stock is disappointing most experts and shareholders.   Our Analysis: As long as the price is below 26.00, follow the recommendations below. Time frame: D1 Recommendation: short position Entry point: 23.82 Take Profit 1: 22.00 Take Profit 2: 21.00 Alternative scenario: If the level of 26.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 26.00 Take Profit 1: 27.00 Take Profit 2: 28.00 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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