Daily Trading Analysis 20.01.2023

Technical & Fundamental analysis

Trading Analysis of GBP/CHF The UK Retail Sales arrived at -1.0% over the month in December vs. 0.5% expected and -0.5% previous. The Core Retail Sales, stripping the auto motor fuel sales, fell by 1.1% MoM vs. 0.4% expected and -0.3% previous. Our Analysis: While the price is above 1.1100, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1325 Take Profit 1: 1.1500 Take Profit 2: 1.1600 Alternative scenario: If the level of 1.1100 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1100 Take profit 1: 1.1000 Take profit 2: 1.1090 Learn More Trading Analysis of NZD/CAD New Zealand business confidence slumped to the lowest since the 1970s in the fourth quarter as the prospect of higher interest rates and weaker demand fuel fears of a sharper-than-expected recession. Our Analysis: As long as the price is above 0.8450 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8633 Take Profit 1: 0.8730 Take Profit 2: 0.8880 Alternative scenario: If the level of 0.8450 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8450 Take profit 1: 0.8350 Take profit 2: 0.8250 Learn More Fundamental Trading Analysis of Coca-Cola With 2022 behind us, it is time to analyze the year's results and identify the winners and losers. Our Analysis: As long as the price is above 59.00, follow the recommendations below: Time frame: D1 Recommendation:long position Entry point: 59.67 Take Profit 1: 61.50 Take Profit 2: 64.50 Alternative scenario: If the level of 59.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 59.00 Take Profit 1: 58.00 Take Profit 2: 56.50 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