Friday, November 18, 2022

Daily Trading Analysis 18.11.2022

Trading Analysis of GBP/CHF

UK Retail Sales jump 0.6% MoM in October vs. 0% expected.











Our Analysis:


While the price is above 1.1200, follow the recommendations below:

  • me frame: D1
  • Recommendation: long position
  • Entry point: 1.1331
  • 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

 Reuters poll sees the Reserve Bank of New Zealand hiking by 75Bps next week.







Our Analysis:


As long as the price is above 0.8050 follow the recommendations below:

  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.8249
  • Take Profit 1: 0.8300
  • Take Profit 2: 0.8400


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: 0.7850
Learn More

Fundamental Trading

Analysis of Tesla

Over the past few months, Tesla stock has lost about 30% of its value.







Our Analysis:


As long as the price is below 191.00, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 182.20
  • Take Profit 1: 176.00
  • Take Profit 2: 165.00


Alternative scenario:


If the 191.00 level is broken-out, follow the recommendations below:     

  • Time frame: D1
  • Recommendation: long position
  • Entry point: 191.00
  • Take Profit 1: 200.00
  • Take Profit 2: 207.00
Learn More
Facebook  Instagram  Twitter  
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.

No comments:

Post a Comment

RCBC changing of the guard

After going on "beast mode" since assuming the CEO post at Rizal Commercial Banking Corp. five years ago ͏ ‌      ͏ ‌      ͏ ‌  ...