Daily Trading Analysis 03.12.2021

Technical & Fundamental analysis

Trading Analysis of GBP/CHF Investors are waiting for today's release of NFP data on US labor market for November. Employment growth is expected to be 550k compared to +531k in October. Our Analysis: While the price is below 1.2509, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2238 Take Profit 1: 1.2178 Take Profit 2: 1.2045 Alternative scenario: If the level 1.2509 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2509 Take profit 1: 1.2600 Take profit 2: 1.2823 Learn More Trading Analysis of NZD/CAD RBNZ: a new strain is unlikely to turn the central bank off the path of rate hikes. Our Analysis: As long as price is above 0.8650 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8724 Take Profit 1: 0.8800 Take Profit 2: 0.8900 Alternative scenario: If the level of 0.8650 is broken-down, follow the recommendations below:          Time frame: D1 Recommendation: short position Entry point: 0.8650 Take profit 1: 0.8502 Take profit 2: 0.8414 Learn More Fundamental Trading Analysis of Intel Intel had a dynamic start to 2021, with shares rising rapidly in Q1 due to news that the company may be beating rival Advanced Micro Devices. Our Analysis: As long as the price is below 52.90, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 49.41 Take Profit 1: 44.70 Take Profit 2: 42.70 Alternative scenario: If the level of 53.90 is broken-out, follow the recommendations below:  Time frame: D1 Recommendation: long position Entry point: 52.90 Take Profit 1: 56.30 Take Profit 2: 58.30 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