Friday, March 25, 2022

Daily Trading Analysis 25.03.2022

Trading Analysis of GBP/CHF
A cautious Bank of England should weigh the yield differentials on Britain's 2-year bonds, which are putting downward pressure on the GBP.






Our Analysis:

While the price is above 1.2250, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.2249
  • Take Profit 1: 1.2530
  • Take Profit 2: 1.2654

Alternative scenario:

If the level 1.2250 is broken-down, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.2250
  • Take profit 1: 1.2144
  • Take profit 2: 1.2027
Trading Analysis of NZD/CAD
The market expects a 50bp increase rather than a 25bp increase at the Bank of Canada (BoC) meeting on April 13, in addition to the already expected 175bp increase in the discount rate by the end of the year. Since Canada is a highly indebted economy, there is an opportunity for a dovish reversal either in April or later this year, which would create an asymmetrical downturn for the CAD.

Our Analysis:

As long as price is above 0.8640 follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.8741
  • Take Profit 1: 0.8810
  • Take Profit 2: 0.8910

Alternative scenario:

If the level of 0.8640 is broken-down, follow the recommendations below:       
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.8640
  • Take profit 1: 0.8545
  • Take profit 2: 0.8400
Fundamental Trading
Analysis of Disney
Walt Disney stock suffered during the onset of the pandemic. 







Our Analysis:

As long as the price is below 146.00, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 138.59
  • Take Profit 1: 134.00
  • Take Profit 2: 128.00

Alternative scenario:

If the level of 146.00 is broken-out, follow the recommendations below: 
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 146.00
  • Take Profit 1: 163.00
  • Take Profit 2: 173.00
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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