Daily Trading Analysis 18.02.2022

Technical & Fundamental analysis

Trading Analysis of GBP/CHF The pound sterling should remain supportive in the coming weeks as the UK continues to confirm market bets on a tightening policy from the Bank of England (BoE). Our Analysis: While the price is above 1.2340, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2540 Take Profit 1: 1.2654 Take Profit 2: 1.2760 Alternative scenario: If the level 1.2340 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2340 Take profit 1: 1.2144 Take profit 2: 1.2027 Learn More Trading Analysis of NZD/CAD The RBNZ is almost certain to implement a 25bp rate hike. Our Analysis: As long as price is below 0.8516 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8516 Take Profit 1: 0.8370 Take Profit 2: 0.8734 Alternative scenario: If the level of 0.8340 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8340 Take profit 1: 0.8250 Take profit 2: 0.8139 Learn More Fundamental Trading Analysis of Intel The recent sell-off in tech stocks is gaining momentum. Our Analysis: As long as price is below 1002.00, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 903.54 Take Profit 1: 885.00 Take Profit 2: 816.00 Alternative scenario: If the level of 1002.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1002.00 Take Profit 1: 1050.00 Take Profit 2: 1175.00 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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