Daily Trading Analysis 14.02.2023

Technical & Fundamental analysis

Trading Analysis of NZD/USD The NZD/USD pair has slipped below 0.6240 in the early European session. The Kiwi asset is expected to continue its downside movement as anxiety among investors is soaring ahead of the opening of the US markets after an extended weekend.  Our Analysis: While the price is above 0.6130, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6218 Take Profit 1: 0.6360 Take Profit 2: 0.6520 Alternative scenario: If the level 0.6130 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6130 Take Profit 1: 0.6000 Take Profit 2: 0.5850 Learn More Trading Analysis of EUR/USD The EUR/USD pair has slipped to near 1.0660 in the Asian session as the risk appetite of the market participants has trimmed ahead of the global PMI figures. Investors are worried that higher interest rates by the majority of central banks in taming the stubborn inflation have impacted the scale of economic activities. Our Analysis: While the price is below 1.0750, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0668 Take Profit 1: 1.0500 Take Profit 2: 1.0300 Alternative scenario: If the level 1.0750 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0750 Take Profit 1: 1.0875 Take Profit 2: 1.1000 Learn More Fundamental Trading Analysis of Alphabet Warren Buffett is great at getting the attention of investors and Wall Street analysts. Our Analysis: As long as the price is above 90.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 94.04 Take Profit 1: 100.00 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: 86.00 Take Profit 2: 83.00 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