Daily Trading Analysis 23.06.2023

Technical & Fundamental analysis

Trading Analysis of GBP/CHF The UK Retail Sales rose 0.3% over the month in May vs. -0.2% expected and 0.5% previous. The Core Retail Sales, stripping the auto motor fuel sales, increased 0.1% MoM vs. -0.3% expected and 0.7% previous. Our Analysis: While the price is above 1.1250, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1424 Take Profit 1: 1.1450 Take Profit 2: 1.1500 Alternative scenario: If the level of 1.1250 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1250 Take profit 1: 1.1150 Take profit 2: 1.1075 Learn More Trading Analysis of NZD/CAD NZ FinMin Robertson, Treasury criticizes higher interest rates.  Our Analysis: As long as the price is below 0.8270 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8100 Take Profit 1: 0.8050 Take Profit 2: 0.7950 Alternative scenario: If the level of 0.8270 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8270 Take profit 1: 0.8350 Take profit 2: 0.8450 Learn More Fundamental Trading Analysis of Pfizer A year ago, Pfizer enjoyed significant success in the market, achieving remarkable sales due to its COVID-19 products. Our Analysis: As long as the price is above 38.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 38.64 Take Profit 1: 40.00 Take Profit 2: 42.00 Alternative scenario: If the level of 38.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 38.00 Take Profit 1: 37.00 Take Profit 2: 36.00 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