Wednesday, July 27, 2022

Daily Trading Analysis 27.07.2022

Trading Analysis of EUR/JPY
Cazacs, ECB: September rate hike should be quite significant.







Our Analysis:

While the price is above 138.20, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 138.98
  • Take Profit 1: 140.70
  • Take Profit 2: 142.40

Alternative scenario:

If the level 138.20 is broken-down, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 138.20
  • Take profit 1: 136.70
  • Take Profit 2: 134.70
Trading Analysis of GBP/JPY
Bank of Japan Minutes: The Central Bank should support the economy, which is under pressure from rising commodity prices.




Our Analysis:

As long as the price is above 163.70 follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 165.07
  • Take profit 1: 167.00
  • Take Profit 2: 168.80

Alternative scenario:

If the level of 163.70 is broken-down, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 163.70
  • Take profit 1: 161.75
  • Take profit 2: 160.40
Fundamental Trading
Analysis of Disney
In determining whether a company is suitable as a great dividend asset, you first need to ask yourself a few basic questions.





Our Analysis:

As long as the price is below the 104.00 level, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 99.37
  • Take Profit 1: 91.00
  • Take Profit 2: 85.00

Alternative scenario:

If the level of 104.00 is broken-out, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 104.00
  • Take Profit 1: 112.00
  • Take Profit 2: 120.00
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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