Friday, May 27, 2022

Daily Trading Analysis 27.05.2022

Trading Analysis of GBP/CHF
Analysts at Morgan Stanley offer their bearish outlook on the British pound, expecting the Bank of England (BOE) to lean towards a dovish reversal in the coming months.





Our Analysis:

While the price is below 1.2275, follow the recommendations below:
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.2103
  • Take Profit 1: 1.2050
  • Take Profit 2: 1.1980

Alternative scenario:

If the level 1.2275 is broken-out, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.2275
  • Take profit 1: 1.2400
  • Take profit 2: 1.2500
Trading Analysis of NZD/CAD
New Zealand: RBNZ raises interest rate to 2.00% - UOB.







Our Analysis:

As long as price is above 0.8250 follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.8300
  • Take Profit 1: 0.8400
  • Take Profit 2: 0.8500

Alternative scenario:

If the level of 0.8250 is broken-down, follow the recommendations below:         
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.8250
  • Take profit 1: 0.8070
  • Take profit 2: 0.8000
Fundamental Trading
Analysis of AT&T
Investors can't get over the performance of the U.S. telecommunications giant AT&T. The share price has fallen by almost 16% compared to a decade ago, and this is enough for most to declare the stock "dead".




Our Analysis:

As long as the price is above the 20.35 level, follow the recommendations below:
  • Time frame: D1
  • Recommendation: long position
  • Entry point: 21.24
  • Take Profit 1: 22.00
  • Take Profit 2: 23.40

Alternative scenario:

If the level of 20.35 is broken-down, follow the recommendations below:     
  • Time frame: D1
  • Recommendation: short position
  • Entry point: 20.35
  • Take Profit 1: 19.50
  • Take Profit 2: 18.50
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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