Thursday, March 9, 2023

Daily Trading Analysis 09.03.2023

Trading Analysis of GBP/CHF

Britain’s finance ministry said on Wednesday it will launch a review into how investor research on companies could be improved to attract more listings, a step that follows a decision by UK chip designer Arm Ltd to only list in New York, reported Reuters.



Our Analysis:


While the price is above 1.6100, follow the recommendations below:

  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.6356
  • Take Profit 1: 1.6550
  • Take Profit 2: 1.6700


Alternative scenario:


If level 1.6100 is broken-down, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.6100
  • Take profit 1: 1.5980
  • Take Profit 2: 1.5820
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Trading Analysis of NZD/CAD

ECB’s Visco: Monetary policy will have to remain prudent.








Our Analysis:


As long as the price is above 1.4250 follow the recommendations below:

  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.4563
  • Take Profit 1: 1.4610
  • Take Profit 2: 1.4700


Alternative scenario:


If the level of 1.4250 is broken-down, follow the recommendations below: 

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.4250
  • Take profit 1: 1.4090
  • Take Profit 2: 1.3940
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Fundamental Trading

Analysis of Apple

Since Apple was founded nearly half a century ago, in 1976, it has made truly incredible strides. It has the highest market value in the world at $2.43 trillion, even after surviving a difficult 2022, when its stock price fell 27 percent, along with a broader sell-off in many other tech companies.


Our Analysis:


As long as the price is above 143.00, follow the recommendations below:

  • Time frame: D1
  • Recommendation: long position
  • Entry point: 152.41
  • Take Profit 1: 156.00
  • Take Profit 2: 163.00


Alternative scenario:


If the level of 143.00 is broken-down, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 143.00
  • Take Profit 1: 139.00
  • Take Profit 2: 134.00
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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