Daily Trading Analysis 15.09.2022

Technical & Fundamental analysis

Trading Analysis of GBP/CAD The latest report card on U.K. economic activity reveals that growth is still lacking in momentum, while labor market trends have also started to soften. With wage gains still not keeping pace with inflation, we still expect a mild U.K. recession as declining real household incomes weigh on consumer spending. Our Analysis: While the price is below 1.5350, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.5193 Take Profit 1: 1.5000 Take Profit 2: 1.4900 Alternative scenario: If level 1.5350 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.5350 Take profit 1: 1.5500 Take Profit 2: 1.5650 Learn More Trading Analysis of EUR/CAD Situation in Europe is quite uncertain, the worst may yet be to come – Commerzbank. Our Analysis: As long as the price is above 1.3000 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3137 Take Profit 1: 1.3275 Take Profit 2: 1.3390 Alternative scenario: If the level of 1.3000 is broken-down, follow the recommendations below:  Time frame: D1 Recommendation: short position Entry point: 1.3000 Take profit 1: 1.2875 Take Profit 2: 1.2750 Learn More Fundamental Trading Analysis of Alphabet The year 2022 saw a general decline in the value of stocks. As the U.S. market fell about 15% and many individual stocks fell much more, investors had an opportunity to invest profitably in high-quality companies. Our Analysis: As long as the price is below 109.00, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 105.35 Take Profit 1: 104.00 Take Profit 2: 101.00 Alternative scenario: If the level of 109.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 109.00 Take Profit 1: 111.00 Take Profit 2: 114.00 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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