Daily Trading Analysis 26.05.2022

Technical & Fundamental analysis

Trading Analysis of GBP/CAD The Bank of England will be more dovish in August - Morgan Stanley. Our Analysis: While the price is above 1.5950, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.6125 Take Profit 1: 1.6200 Take Profit 2: 1.6300 Alternative scenario: If the level 1.5950 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.5950 Take profit 1: 1.5800 Take Profit 2: 1.5700 Learn More Trading Analysis of EUR/CAD ECB, Knott: We are looking at a 50bp rate hike in July. Our Analysis: As long as price is above 1.3600 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3709 Take Profit 1: 1.3800 Take Profit 2: 1.3985 Alternative scenario: If the level of 1.3600 is broken-down, follow the recommendations below:                    Time frame: D1 Recommendation: short position Entry point: 1.3600 Take profit 1: 1.3400 Take Profit 2: 1.3300 Learn More Fundamental Trading Analysis of Apple If you follow Apple from an investment perspective - and even if you don't - you probably already know that most of its revenue comes from iPhone sales. Our Analysis: As long as the price is below 150.00, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 139.80 Take Profit 1: 132.00 Take Profit 2: 125.00 Alternative scenario: If the level of 150.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 150.00 Take Profit 1: 155.00 Take Profit 2: 163.00 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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