Daily Trading Analysis 30.03.2022

Technical & Fundamental analysis

Trading Analysis of EUR/JPY The Bank of Japan is conducting an emergency market operation, offering to buy 10-25 year JGBs. Our Analysis: While the price is above 130.60, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 135.41 Take Profit 1: 137.50 Take Profit 2: 139.00 Alternative scenario: If the level 130.60 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 130.60 Take profit 1: 127.90 Take Profit 2: 126.40 Learn More Trading Analysis of GBP/JPY Kuroda: the cost of buying the dollar to buy raw materials is one of the main factors weakening the yen. Our Analysis: As long as price is above 158.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 159.87 Take profit 1: 161.50 Take Profit 2: 163.50 Alternative scenario: If the level of 158.00 is broken-down, follow the recommendations below:          Time frame: D1 Recommendation: short position Entry point: 158.00 Take profit 1: 153.50 Take profit 2: 151.10 Learn More Fundamental Trading Analysis of Bitcoin Bitcoin has had a low growth rate this year.  Our Analysis: As long as the price is above the 38000.00 level, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 47317.00 Take Profit 1: 52000.00 Take profit 2: 55000.00 Alternative scenario: If the level of 38000.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 38000.00 Take Profit 1: 33000.00 Take Profit 2: 29000.00 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.

PaxForex | London, London, E16AN United Kingdom Unsubscribe edwardlorilla1986.paxforex@blogger.com Constant Contact Data Notice Sent by info@paxforex.org