Daily Trading Analysis 16.02.2022

Technical & Fundamental analysis

Trading Analysis of EUR/JPY Reuters reported that Bank of Japan Governor Haruhiko Kuroda said on Tuesday that the central bank's proposal to buy an unlimited amount of government bonds reflects the regulator's view that the country's recent rise in long-term interest rates was driven by factors unrelated to its economy. Our Analysis: While the price is above 128.40, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 131.48 Take Profit 1: 133.00 Take Profit 2: 135.00 Alternative scenario: If the level 128.40 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 128.40 Take profit 1: 125.81 Take Profit 2: 124.26 Learn More Trading Analysis of GBP/JPY Nakamura, Bank of Japan: the current soft policy needs to be patiently maintained until wages start to rise steadily. Our Analysis: As long as price is above 153.59 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 156.80 Take profit 1: 157.88 Take Profit 2: 160.63 Alternative scenario: If the level of 153.59 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 153.59 Take profit 1: 150.48 Take profit 2: 148.63 Learn More Fundamental Trading Analysis of Disney Walt Disney gave an update on its streaming business during its fiscal 2022 Q1 earnings report after the market closed on Feb. 9 Our Analysis: As long as price is above 142.30, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 154.40 Take Profit 1: 164.60 Take Profit 2: 169.50 Alternative scenario: If the level of 142.30 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 142.30 Take Profit 1: 134.30 Take Profit 2: 129.40 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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