Daily Trading Analysis 15.12.2022

Technical & Fundamental analysis

Trading Analysis of GBP/CAD BoE Preview: Bank will opt for further hikes in the first half of 2023 – Goldman Sachs. Our Analysis: While the price is above 1.6360, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.6806 Take Profit 1: 1.6900 Take Profit 2: 1.7000 Alternative scenario: If level 1.6360 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.6360 Take profit 1: 1.6085 Take Profit 2: 1.5820 Learn More Trading Analysis of EUR/CAD David Dodge: Bank of Canada is right to depend on data in rate hikes. Our Analysis: As long as the price is above 1.4130 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4447 Take Profit 1: 1.4500 Take Profit 2: 1.4600 Alternative scenario: If the level of 1.4130 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.4130 Take profit 1: 1.3940 Take Profit 2: 1.3740 Learn More Fundamental Trading Analysis of Oracle Oracle's latest earnings report, released on Dec. 12, impressed investors. For Q2 of fiscal 2023, which ended Nov. 30, revenue rose 18% YoY (25% in constant currency) to $12.3 billion and topped analysts' forecasts by $260 million. Our Analysis: As long as the price is above 79.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 81.69 Take Profit 1: 85.00 Take Profit 2: 88.00 Alternative scenario: If the level of 79.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 79.00 Take Profit 1: 76.00 Take Profit 2: 73.00 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