Daily Trading Analysis 15.11.2021

Technical & Fundamental analysis

Trading Analysis of USD/CAD The USD/CAD bullish growth ended at 1.2600. Our Analysis: While the price is above 1.2400, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2547 Take Profit 1: 1.2690 Take Profit 2: 1.2830 Alternative scenario: If the level 1.2400 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2400 Take Profit 1: 1.2285 Take Profit 2: 1.2180 Learn More Trading Analysis of AUD/USD AUD/USD will strengthen with support from the Australian economy - CIBC. Our Analysis: Provided that the currency pair is traded below 0.7460, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7328 Take Profit 1: 0.7250 Take Profit 2: 0.7165 Alternative scenario: In case of break-out of the level 0.7460, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7460 Take Profit 1: 0.7555 Take Profit 2: 0.7680 Learn More Fundamental Trading Analysis of Disney Walt Disney released updated financial results last Wednesday afternoon, but all it took was a weak net gain on the Disney+ platform for the stock to fall. Our Analysis: As long as the price is below 169.50, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 159.21 Take Profit 1: 150.20 Take Profit 2: 145.90 Alternative scenario: If the level of 169.50 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 169.50 Take Profit 1: 177.00 Take Profit 2: 181.60 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.

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