Daily Trading Analysis 27.08.2021

Technical & Fundamental analysis

Trading Analysis of NZD/CHF The deputy Governor Hawkesby stated that the rate hike was postponed more because of communication difficulties than risks. Our Analysis: Provided that the currency pair is traded below 0.6496, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6360 Take Profit 1: 0.6230 Take Profit 2: 0.6130 Alternative scenario: In case of break-out of the level 0.6496, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6496 Take Profit 1: 0.6694 Take Profit 2: 0.6813 Learn More Trading Analysis of EUR/GBP The ECB's July monetary policy report highlighted the need for an interest rate policy review. Our Analysis: While the price is above 0.8453, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8585 Take Profit 1: 0.8630 Take Profit 2: 0.8703 Alternative scenario: If the level 0.8453 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8453 Take Profit 1: 0.8342 Take Profit 2: 0.8275 Learn More Fundamental Trading Analysis of ExxonMobil ExxonMobil stock has delivered solid dividend income to millions of investors over the years, so it's no surprise that it still has many fans, despite its poor stock price performance. Over the past ten years, ExxonMobil stock has had a total return of 11.6%, compared to 372% for the S&P 500 Index. However, between 2000 and 2015, the stock enlargely outperformed the broader market. Our Analysis:  As long as the price is below 58.00, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 54.62 Take Profit 1: 51.90 Take Profit 2: 50.30 Alternative scenario: If the level of 58.00 is broken-out, follow the recommendations below:    Time frame: D1 Recommendation: long position Entry point: 58.00 Take profit 1: 60.60 Take Profit 2: 62.30 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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