Daily Trading Analysis 22.07.2022

Technical & Fundamental analysis

Trading Analysis of GBP/CHF It is not certain that the new British Prime Minister will be able to change the sentiment around the pound - Rabobank. Our Analysis: While the price is below 1.1750, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1584 Take Profit 1: 1.1500 Take Profit 2: 1.1400 Alternative scenario: If the level of 1.1750 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1750 Take profit 1: 1.1860 Take profit 2: 1.2000 Learn More Trading Analysis of NZD/CAD Commenting on the inflation situation in the country, Bank of Canada Governor Tiff Macklem said in an interview last night that "inflation in Canada will remain painfully high." Our Analysis: As long as the price is below 0.8165 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8010 Take Profit 1: 0.7950 Take Profit 2: 0.7900 Alternative scenario: If the level of 0.8165 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8165 Take profit 1: 0.8250 Take profit 2: 0.8350 Learn More Fundamental Trading Analysis of Tesla Tesla faced a number of adverse factors in the second quarter ended June 30, including a difficult macroeconomic environment and COVID-related restrictions that led to a three-week closure of its Gigafactory Shanghai plant in China. Our Analysis: As long as the price is above the 755.00 level, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 813.38 Take Profit 1: 875.00 Take Profit 2: 955.00 Alternative scenario: If the level of 755.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 755.00 Take Profit 1: 695.00 Take Profit 2: 650.00 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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