Monday, February 14, 2022

Daily Trading Analysis 14.02.2022

Trading Analysis of USD/CAD
USD/CAD: support at 1.2638/32 will reverse the pair back to 1.2813/15 - Credit Suisse.






Our Analysis:

While the price is below 1.2625, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.2730
  • Take Profit 1: 1.2900
  • Take Profit 2: 1.3030

Alternative scenario:

If the level 1.2625 is broken-down, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.2625
  • Take Profit 1: 1.2485
  • Take Profit 2: 1.2360
Trading Analysis of AUD/USD
AUD/USD: forecast remains neutral in the near term - UOB.







Our Analysis:

Provided that the currency pair is below 0.7315, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.7122
  • Take Profit 1: 0.6910
  • Take Profit 2: 0.6780

Alternative scenario:

In case of break-out of the level 0.7315, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.7315
  • Take Profit 1: 0.7400
  • Take Profit 2: 0.7500
Fundamental Trading
Alphabet
There is no denying that Alphabet has become a force to be considered with.






Our Analysis:

As long as the price is below 2650.00, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 2682.00
  • Take Profit 1: 3087.00
  • Take Profit 2: 3188.00

Alternative scenario:

If the level of 2650.00 is broken-out, follow the recommendations below:       
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 2650.00
  • Take Profit 1: 2486.00
  • Take Profit 2: 2389.00
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.

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