Daily Trading Analysis 17.05.2022

Technical & Fundamental analysis

Trading Analysis of NZD/USD The NZD/USD made new highs, staying below 0.6300. Our Analysis: While the price is below 0.6550, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6343 Take Profit 1: 0.6250 Take Profit 2: 0.6175 Alternative scenario: If the level 0.6550 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6550 Take Profit 1: 0.6700 Take Profit 2: 0.6875 Learn More Trading Analysis of EUR/USD The EUR/USD rebound is gaining momentum north from 1.0400 on Monday. Our Analysis: While the price is below 1.0650, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0456 Take Profit 1: 1.0300 Take Profit 2: 1.0170 Alternative scenario: If the level 1.0650 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0650 Take Profit 1: 1.0800 Take Profit 2: 1.0940 Learn More Fundamental Trading Analysis of Disney One of the things about Walt Disney is that all four of its Florida theme parks and even the resort's two water parks are different. Our Analysis: While the price is below the 116.00 level, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 104.86 Take Profit 1: 99.00 Take Profit 2: 90.00 Alternative scenario: If the level of 116.00 is broken-out, follow the recommendations below:  Time frame: D1 Recommendation: long position Entry point: 116.00/strong> Take Profit 1: 129.00 Take Profit 2: 144.00 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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