Friday, September 17, 2021

Daily Trading Analysis 17.09.2021

Trading Analysis of NZD/CHF
NZD/CHF: still worth buying on the downsides. 








Our Analysis:

While the price is above 0.6500, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.6539
  • Take Profit 1: 0.6600
  • Take Profit 2: 0.6706

Alternative scenario:

If the level 0.6500 is broken-down, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.6500
  • Take profit 1: 0.6253
  • Take Profit 2: 0.6171

Trading Analysis of NZD/CAD
Canada: construction starts at 260200 in August. 








Our Analysis:

As long as price is above 0.8850 follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.8980
  • Take Profit 1: 0.9100
  • Take Profit 2: 0.9284

Alternative scenario:

If the level of 0.8850 is broken-down, follow the recommendations below:   
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.8850
  • Take profit 1: 0.8595
  • Take profit 2: 0.8487

Fundamental Trading
Analysis of Facebook 
It's no secret that social media giant Facebook generates an incredible volume of free cash flow. Even following covering all of its expenses, the company makes so much money that it still has enough to spend on stock buybacks and other shareholder-friendly expenses. That's why the business's free cash flow is expected to continue to grow - and why this is excellent news for shareholders.

Our Analysis:

As long as the price is above the 350.00 level, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 373.20
  • Take Profit 1: 387.00
  • Take Profit 2: 396.00

Alternative scenario:

If the level of 350.00 is broken-down, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 350.00
  • Take Profit 1: 334.00
  • Take Profit 2: 325.00

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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