Tuesday, November 30, 2021

Daily Trading Analysis 30.11.2021

Trading Analysis of NZD/USD
NZD/USD: additional decline is not excluded - UOB.







Our Analysis:

While the price is below 0.7015, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.6810
  • Take Profit 1: 0.6720
  • Take Profit 2: 0.6590

Alternative scenario:

If the level 0.7015 is broken-out, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.7015
  • Take Profit 1: 0.7115
  • Take Profit 2: 0.7220
Trading Analysis of EUR/USD
EUR/USD is now seen within 1.1220-1.1360 - UOB.







Our Analysis:

While the price is below 1.1530, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.1280
  • Take Profit 1: 1.1170
  • Take Profit 2: 1.1100

Alternative scenario:

If the level 1.1530 is broken-out, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.1530
  • Take Profit 1: 1.1690
  • Take Profit 2: 1.1800
Fundamental Trading
Analysis of Microsoft
Microsoft recently became the subject of heated controversy following Satya Nadella selling more than half of his shares for about $285 million at the beginning of last week.


Our Analysis:

As long as the price is above the 320.00 level, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 336.00
  • Take Profit 1: 350.00
  • Take Profit 2: 356.00

Alternative scenario:

If the 320.00 level is broken-down, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 320.00
  • Take Profit 1: 310.00
  • Take Profit 2: 304.00
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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