Daily Trading Analysis 23.09.2022

Technical & Fundamental analysis

Trading Analysis of GBP/CHF The Swiss National Bank (SNB) delivered a 75 bps rate hike at its September monetary policy meeting, bringing its policy rate to +0.50%. Our Analysis: While the price is below 1.1300, follow the recommendations below: me frame: D1 Recommendation: short position Entry point: 1.0977 Take Profit 1: 1.0900 Take Profit 2: 1.0700 Alternative scenario: If the level of 1.1300 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1300 Take profit 1: 1.1530 Take profit 2: 1.1650 Learn More Trading Analysis of NZD/CAD Market participants now look forward to the Canadian monthly Retail Sales data, which, along with the flash US PMI prints, could provide some impetus to the CAD rates. Our Analysis: As long as the price is below 0.8030 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7873 Take Profit 1: 0.7850 Take Profit 2: 0.7800 Alternative scenario: If the level of 0.8030 is broken-out, follow the recommendations below:    Time frame: D1 Recommendation: long position Entry point: 0.8030 Take profit 1: 0.8125 Take profit 2: 0.8180 Learn More Fundamental Trading Analysis of Apple As we know, Apple is close to a duopoly with Samsung in one of the most popular products in the world - smartphones. Our Analysis: As long as the price is above 149.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 152.14 Take Profit 1: 158.00 Take Profit 2: 164.00 Alternative scenario: If the 149.00 level is broken-down, follow the recommendations below:    Time frame: D1 Recommendation: short position Entry point: 149.00 Take Profit 1: 141.00 Take Profit 2: 130.00 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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