Daily Trading Analysis 22.04.2022

Technical & Fundamental analysis

Trading Analysis of GBP/CHF Bank of England, Mann: the inclusion of current inflation in company expectations is a concern. Our Analysis: While the price is above 1.2277, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2372 Take Profit 1: 1.2420 Take Profit 2: 1.2530 Alternative scenario: If the level 1.2277 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2277 Take profit 1: 1.2120 Take profit 2: 1.2027 Learn More Trading Analysis of NZD/CAD The Canadian inflation data was better than expected, the yearly forecast was 6.7%, which is the highest reading since February 1991. Our Analysis: As long as price is below 0.8530 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8437 Take Profit 1: 0.8400 Take Profit 2: 0.8340 Alternative scenario: If the level of 0.8530 is broken-out, follow the recommendations below:    Time frame: D1 Recommendation: long position Entry point: 0.8530 Take profit 1: 0.8620 Take profit 2: 0.8720 Learn More Fundamental Trading Analysis of Coca-Cola Coca-Cola shareholders are in for a volatile trading week. The beverage giant is scheduled to report its first fiscal quarter results before the market opens on Monday, April 25. Our Analysis: As long as the price is above the 62.92 level, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 66.18 Take Profit 1: 67.00 Take Profit 2: 68.56 Alternative scenario: If the level of 62.92 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 62.92 Take Profit 1: 59.00 Take Profit 2: 57.45 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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