Daily Trading Analysis 14.09.2022

Technical & Fundamental analysis

Trading Analysis of EUR/JPY The EUR/JPY opens Wednesday’s Asian Pacific session with decent gains of 0.24%, after Tuesday’s 0.34% loss, courtesy of a risk-off impulse when data from the US flashed inflation decelerating less than estimates, fueling possibilities for a US Fed 75 bps rate hike. Our Analysis: While the price is above 142.30, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 144.01 Take Profit 1: 145.60 Take Profit 2: 145.60 Alternative scenario: If the level 142.30 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 142.30 Take profit 1: 141.30 Take Profit 2: 139.70 Learn More Trading Analysis of GBP/JPY GBP/JPY struggles around 166.50, upside remains favored ahead of UK Inflation. Our Analysis: As long as the price is above 164.25 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 166.06 Take profit 1: 167.70 Take Profit 2: 168.70 Alternative scenario: If the level of 164.25 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 164.25 Take profit 1: 163.00 Take profit 2: 161.70 Learn More Fundamental Trading Analysis of Apple No one doubts that Apple is an amazing company. Since going public in 1980, the company's stock has risen more than 120,000%, not counting dividends. Our Analysis: As long as the price is below 164.00, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 153.26 Take Profit 1: 149.00 Take Profit 2: 142.00 Alternative scenario: If the level of 164.00 is broken-out, follow the recommendations below:   Time frame: D1 Recommendation: long position Entry point: 164.00 Take Profit 1: 170.00 Take Profit 2: 175.00 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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