Wednesday, May 25, 2022

Daily Trading Analysis 25.05.2022

Trading Analysis of EUR/JPY
The Japanese government maintained its economic assessment in May.







Our Analysis:

While the price is above 134.25, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 135.92
  • Take Profit 1: 138.30
  • Take Profit 2: 140.00

Alternative scenario:

If the level 134.25 is broken-down, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 134.25
  • Take profit 1: 132.65
  • Take Profit 2: 130.45
Trading Analysis of GBP/JPY
Prime Minister Kishida: The stability of the currency is important.







Our Analysis:

As long as price is below 162.20 follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 159.20
  • Take profit 1: 157.60
  • Take Profit 2: 156.30

Alternative scenario:

If the level of 162.20 is broken-out, follow the recommendations below:             
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 162.20
  • Take profit 1: 164.62
  • Take profit 2: 168.45
Fundamental Trading
Analysis of Alphabet
The stock market has been under tremendous pressure lately, and it's not difficult to see why. Inflation has skyrocketed to 40-year highs, the Fed has started to raise interest rates to tackle it, and a host of macroeconomic problems have been worsened by Russia's invasion of Ukraine.

Our Analysis:

As long as the price is below 2265.00, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 2117.00
  • Take Profit 1: 2040.00
  • Take Profit 2: 1950.00

Alternative scenario:

If the level of 2265.00 is broken-out, follow the recommendations below:       
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 2265.00
  • Take Profit 1: 2365.00
  • Take Profit 2: 2465.00
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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