Daily Trading Analysis 16.11.2021

Technical & Fundamental analysis

Trading Analysis of NZD/USD The NZD/USD recovers the losses of the previous week and trades around 0.7050 Our Analysis: While the price is below 0.7160, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7041 Take Profit 1: 0.6960 Take Profit 2: 0.6855 Alternative scenario: If the level 0.7160 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7160 Take Profit 1: 0.7225 Take Profit 2: 0.7300 Learn More Trading Analysis of EUR/USD EUR/USD is trading at a 12-month low at 1.10 - Danske Bank. Our Analysis: While the price is below 1.1690, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1369 Take Profit 1: 1.1350 Take Profit 2: 1.1250 Alternative scenario: If the level 1.1690 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1690 Take Profit 1: 1.1775 Take Profit 2: 1.1910 Learn More Fundamental Trading Analysis of AT&T AT&T's stock price hit a 52-week low of $24.54 at the beginning of the month after the company postponed the rollout of its C-band spectrum, a component of its new 5G network, waiting for an aviation safety review. Our Analysis: As long as the price is above 24.30, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 24.71 Take Profit 1: 26.00 Take Profit 2: 26.40 Alternative scenario: If the level of 24.30 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 24.30 Take Profit 1: 23.60 Take Profit 2: 23.10 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