Daily Trading Analysis 09.06.2021

Technical & Fundamental analysis

Trading Analysis of USD/CAD The USD/CAD rose to 1.2100 early in the North American session but could not break through the daily range. Our Analysis: Provided that the currency pair is traded below 1.2275, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2078 Take Profit 1: 1.1980 Take Profit 2: 1.1830 Alternative scenario: In case of breakout of the level 1.2275, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2275  Take Profit 1: 1.2400 Take Profit 2: 1.2500 Learn More Trading Analysis of NZD/USD The NZD/USD continues to fall to a new daily low at 0.7200. Our Analysis: While the price is below 0.7412, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7207 Take Profit 1: 0.6931 Take Profit 2: 0.6796 Alternative scenario: If the level 0.7412 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7412 Take Profit 1: 0.7639 Take Profit 2: 0.7775 Learn More Fundamental Trading Analysis of Apple  Apple held its yearly Worldwide Developers Conference the other day, uncovering the following main versions of its platforms in the same virtual format a year ago. The annual event costs about $50 million, as per the up-to-date testimony of former chief marketing officer Phil Commercials in Apple's litigation with Epic Games. Our Analysis: While the price is above 121.60, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 126.00 Take Profit 1: 131.25 Take Profit 2: 137.00 Alternative scenario: If the level 121.60 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 121.60 Take Profit 1: 116.00 Take Profit 2: 112.50 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