Daily Trading Analysis 28.10.2022

Technical & Fundamental analysis

Trading Analysis of GBP/CHF ECB’s Simkus: The next rate increase needs to be substantial. Our Analysis: While the price is above 1.1200, follow the recommendations below: me frame: D1 Recommendation: long position Entry point: 1.1455 Take Profit 1: 1.1600 Take Profit 2: 1.1965 Alternative scenario: If the level of 1.1200 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1200 Take profit 1: 1.0900 Take profit 2: 1.0600 Learn More Trading Analysis of NZD/CAD RBNZ Governor Orr: New Zealand is relatively well positioned but inflation too high. Our Analysis: As long as the price is above 0.7800 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7922 Take Profit 1: 0.7980 Take Profit 2: 0.8050 Alternative scenario: If the level of 0.7800 is broken-up, follow the recommendations below:      Time frame: D1 Recommendation: short position Entry point: 0.7800 Take profit 1: 0.7665 Take profit 2: 0.7550 Learn More Fundamental Trading Analysis of Alibaba If you bought $1,000 worth of Alibaba stock at a record high of $317 at the end of 2020, you would only have $230 today - a 77% decline. Our Analysis: As long as the price is below 80.00, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 65.67 Take Profit 1: 58.00 Take Profit 2: 45.00 Alternative scenario: If the level of 80.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 80.00 Take Profit 1: 88.00 Take Profit 2: 103.00 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