Daily Trading Analysis 11.11.2021

Technical & Fundamental analysis

Trading Analysis of GBP/CAD NIESR: British CPI is expected to peak at 5% in Q2 2022. Our Analysis: While the price is below 1.7116, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.6779 Take Profit 1: 1.6700 Take Profit 2: 1.6549 Alternative scenario: If the level 1.7116 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7116 Take profit 1: 1.7379 Take Profit 2: 1.7536 Learn More Trading Analysis of EUR/CAD ECB, Schnabel: Central banks should pay more attention to housing prices. Our Analysis: As long as price is above 1.4172 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4356 Take Profit 1: 1.4500 Take Profit 2: 1.4649 Alternative scenario: If the level of 1.4172 is broken-down, follow the recommendations below:          Time frame: D1 Recommendation: short position Entry point: 1.4172 Take profit 1: 1.3995 Take Profit 2: 1.3826 Learn More Fundamental Trading Analysis of General Electric Over the past ten years, General Electric has steadily simplified its operations by selling or spinning off many non-core businesses. Our Analysis: As long as the price is above 103.40, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 108.74 Take Profit 1: 114.90 Take Profit 2: 117.50 Alternative scenario: If the level of 103.40 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 103.40 Take Profit 1: 99.20 Take Profit 2: 96.60 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