Daily Trading Analysis 25.04.2022

Technical & Fundamental analysis

Trading Analysis of USD/CAD The rising U.S. dollar hit the Canadian dollar (-0.8%). The pair rose to a high of 1.26. Our Analysis: While the price is above 1.2555, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2751 Take Profit 1: 1.2785 Take Profit 2: 1.2900 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 On Friday the AUD/USD had a second consecutive day of active selling and fell to its lowest level since March 17. Our Analysis: Provided that the currency pair is above 0.7300, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7153 Take Profit 1: 0.7090 Take Profit 2: 0.6980 Alternative scenario: In case of break-down of the level 0.7300, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7300 Take Profit 1: 0.7440 Take Profit 2: 0.7550 Learn More Fundamental Trading Analysis of AT&T AT&T's stock price increased 4% on April 21 following the telecom giant's Q1 earnings report. It was AT&T's first earnings report since the spin-off of Warner Bros. Our Analysis: As long as the price is below 21.90, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 19.40 Take Profit 1: 18.75 Take Profit 2: 17.95 Alternative scenario: If the level of 21.90 is broken-out, follow the recommendations below:      Time frame: D1 Recommendation: long position Entry point: 21.90 Take Profit 1: 22.65 Take Profit 2: 24.15 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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