Daily Trading Analysis 18.04.2022

Technical & Fundamental analysis

Trading Analysis of USD/CAD Fed, Williams: as the Fed tightens, core inflation will soon peak and decline later this year. Our Analysis: While the price is above 1.2555, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2636 Take Profit 1: 1.2675 Take Profit 2: 1.2785 Alternative scenario: If the level 1.2555 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2555 Take Profit 1: 1.2470 Take Profit 2: 1.2365 Learn More Trading Analysis of AUD/USD The AUD/USD pair continued to fall amid mixed economic data from the U.S. released on Thursday. Nevertheless, the dovish stance of the RBA favors the dollar. Our Analysis: Provided that the currency pair is above 0.7300, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7354 Take Profit 1: 0.7440 Take Profit 2: 0.7550 Alternative scenario: In case of break-down of the level 0.7300, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7300 Take Profit 1: 0.7165 Take Profit 2: 0.6980 Learn More Fundamental Trading Analysis of McDonald's The emblematic global restaurant chain McDonald's is actively recovering after a pandemic crippled sales two years ago. Our Analysis: As long as the price is below 255.00, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 250.78 Take Profit 1: 247.00 Take Profit 2: 240.00 Alternative scenario: If the level of 255.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 255.00 Take Profit 1: 262.00 Take Profit 2: 266.00 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.

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