Tuesday, November 15, 2022

Daily Trading Analysis 15.11.2022

Trading Analysis of NZD/USD

The New Zealand Dollar (NZD) advances in the North American session, even though Fed speaking bolstered the US Dollar (USD), a late intervention of the Federal Reserve (Fed) Vice Chair Brainard turned sentiment positive. Therefore, the NZDUSD is trading at 0.6113, above its opening price by 0.49%.


Our Analysis:


While the price is above 0.5960, follow the recommendations below:

  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.6153
  • Take Profit 1: 0.6350
  • Take Profit 2: 0.6565


Alternative scenario:


If the level 0.5960 is broken-down, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.5960
  • Take Profit 1: 0.5850
  • Take Profit 2: 0.5630
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Trading Analysis of EUR/USD

EUR/USD: rising bets for further upside – UOB.









Our Analysis:


While the price is above 1.0100, follow the recommendations below:

  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.0381
  • Take Profit 1: 1.0500
  • Take Profit 2: 1.0800


Alternative scenario:


If the level 1.0100 is broken-down, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.0100
  • Take Profit 1: 0.9935
  • Take Profit 2: 0.9750
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Fundamental Trading

Analysis of Alphabet

Internet search giant Alphabet has built one of the world's largest advertising businesses.







Our Analysis:


As long as the price is above 90.00, follow the recommendations below:

  • Time frame: D1
  • Recommendation: long position
  • Entry point: 95.40
  • Take Profit 1: 103.00
  • Take Profit 2: 108.00


Alternative scenario:


If the level of 90.00 is broken-down, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 90.00
  • Take Profit 1: 85.00
  • Take Profit 2: 80.00
Learn More
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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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