Daily Trading Analysis 07.03.2022

Technical & Fundamental analysis

Trading Analysis of USD/CAD USD/CAD must hold below 1.2640/50 to maintain downward momentum - OCBC. Our Analysis: While the price is above 1.2575 , follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2693 Take Profit 1: 1.2850 Take Profit 2: 1.2965 Alternative scenario: If the level 1.2575 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2575 Take Profit 1: 1.2450 Take Profit 2: 1.2365 Learn More Trading Analysis of AUD/USD AUD/USD: potential upside to 0.7390 - UOB. Our Analysis: Provided that the currency pair is above 0.7160, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7429 Take Profit 1: 0.7550 Take Profit 2: 0.7670 Alternative scenario: In case of break-down of the level 0.7160, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7160 Take Profit 1: 0.7050 Take Profit 2: 0.6980 Learn More Fundamental Trading Analysis of Chevron As a result of the pandemic, there was a collapse in oil and gas demand, many companies were forced to cut costs and production and take on debt to keep body and soul together.  Our Analysis: As long as the price is above 145.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 158.32 Take Profit 1: 170.00 Take Profit 2: 180.00 Alternative scenario: If the 145.00 level is broken-down, follow the recommendations below:      Time frame: D1 Recommendation: short position Entry point: 145.00 Take Profit 1: 140.00 Take Profit 2: 130.00 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