Daily Trading Analysis 18.06.2021

Technical & Fundamental analysis

Trading Analysis of EUR/USD UOB Group analysts write that EUR/USD may continue falling in the short term. Our Analysis: While the price is below 1.2150, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1948 Take Profit 1: 1.1880 Take Profit 2: 1.1775 Alternative scenario: If the level 1.2150 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2150 Take Profit 1: 1.2265 Take Profit 2: 1.2350 Learn More Trading Analysis of GBP/USD Downside risks remain, as long as price remains under our strong resistance at 1.4100 Our Analysis: While the price is below 1.4240, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3973 Take Profit 1: 1.3800 Take Profit 2: 1.3670 Alternative scenario: If the level 1.4240 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4240 Take Profit 1: 1.4380 Take Profit 2: 1.4500 Learn More Fundamental Trading Analysis of Facebook Facebook's dominance in the segment of the social network is staggering. As of the end of March, the company had 2.85 billion monthly active users (MAUs) visiting its namesake site, and another 600 million unique MAUs visiting WhatsApp and Instagram, which are also owned by Facebook.  Our Analysis: While the price is above 319.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 331.26 Take Profit 1: 349.00 Take Profit 2: 356.00 Alternative scenario: If the level 319.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 319.00 Take Profit 1: 306.00 Take Profit 2: 298.00 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