Daily Trading Analysis 12.08.2022

Technical & Fundamental analysis

Trading Analysis of GBP/CHF The risk of further sharp pound weakening has declined - Morgan StanleyThe risk of further sharp pound weakening has declined - Morgan Stanley. Our Analysis: While the price is below 1.1750, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1479 Take Profit 1: 1.1400 Take Profit 2: 1.1300 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 The RBNZ will continue to raise rates by 50 bps in August - Reuters poll. Our Analysis: As long as the price is above 0.8050 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8210 Take Profit 1: 0.8250 Take Profit 2: 0.8300 Alternative scenario: If the level of 0.8050 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8050 Take profit 1: 0.7950 Take profit 2: 0.7900 Learn More Fundamental Trading Analysis of eBay eBay is still struggling with a growth crisis right now, but the worst may be over. The online platform recently announced second-quarter results that exceeded expectations and indicated that sales and revenue trends are stabilizing. Our Analysis: As long as the price is above the 47.00 level, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 48.48 Take profit 1: 50.00 Take Profit 2: 53.00 Alternative scenario: If the level of 47.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 47.00 Take profit 1: 45.00 Take Profit 2: 43.00 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.

PaxForex | London, London, E16AN United Kingdom Unsubscribe edwardlorilla1986.paxforex@blogger.com Constant Contact Data Notice Sent by info@paxforex.org