Daily Trading Analysis 18.04.2023

Technical & Fundamental analysis

Trading Analysis of NZD/USD NZD/USD should keep the consolidation theme unchanged between 0.6140 and 0.6285 for the time being - UOB Group. Our Analysis: While the price is above 0.6130, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6196 Take Profit 1: 0.6290 Take Profit 2: 0.6385 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: 0.6070 Take Profit 2: 0.6000 Learn More Trading Analysis of EUR/USD EUR/USD: Strong support emerges around 1.0830 – UOB Group. Our Analysis: While the price is below 1.0750, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0890 Take Profit 1: 1.1000 Take Profit 2: 1.1100 Alternative scenario: If the level 1.0750 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0750 Take Profit 1: 1.0700 Take Profit 2: 1.0650 Learn More Fundamental Trading Analysis of Amazon Amazon's CEO, Andy Jassy, recently released the company's annual letter to shareholders, where he provided a comprehensive review of the business's various segments, including the marketplace, advertising, and Amazon Web Services (AWS). Unlike his predecessor, Jeff Bezos, Jassy discussed the company's current standing in each area. Our Analysis: As long as the price is above 95.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 101.85 Take Profit 1: 106.00 Take Profit 2: 113.00 Alternative scenario: If the level of 95.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 95.00 Take Profit 1: 92.00 Take Profit 2: 87.00 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