Daily Trading Analysis 22.11.2021

Technical & Fundamental analysis

Trading Analysis of USD/CAD USD/CAD will rise to 1.2950/1.3020 in case of a breakout of 1.2650 - SocGen. Our Analysis: While the price is above 1.2400, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2635 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: a breakout of 0.7250 will open the way to the August low at 0.7106 - Commerzbank. Our Analysis: Provided that the currency pair is traded below 0.7430, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7228 Take Profit 1: 0.7165 Take Profit 2: 0.7100 Alternative scenario: In case of break-out of the level 0.7430, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7430 Take Profit 1: 0.7555 Take Profit 2: 0.7680 Learn More Fundamental Trading Analysis of Cisco Cisco Systems is often considered a mature technology stock, and many of its shareholders are looking for stability and earnings rather than growth. Our Analysis: As long as the price is below 58.60, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 56.50 Take Profit 1: 54.80 Take Profit 2: 53.90 Alternative scenario: If the level of 58.60 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 58.60 Take profit 1: 60.10 Take Profit 2: 61.00 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