Daily Trading Analysis 25.07.2023

Technical & Fundamental analysis

Trading Analysis of NZD/USD NZD/USD sticks to gains above 0.6200 amid a modest USD pullback from a two-week high. Our Analysis: While the price is above 0.6150, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6194 Take Profit 1: 0.6300 Take Profit 2: 0.6400 Alternative scenario: If level 0.6150 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6150 Take Profit 1: 0.6070 Take Profit 2: 0.6000 Learn More Trading Analysis of EUR/USD EUR/USD licks its wounds around mid-1.1000s as Eurozone, German data flag recession fears, prod ECB hawks. Our Analysis: While the price is above 1.1100, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1062 Take Profit 1: 1.1000 Take Profit 2: 1.0900 Alternative scenario: If level 1.1100 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1100 Take Profit 1: 1.1150 Take Profit 2: 1.1250 Learn More Fundamental Trading Analysis of Microsoft Investors are eagerly awaiting Microsoft's fiscal 2023 fourth-quarter results, which are scheduled to be announced on July 25. Our Analysis: As long as the price is above 330.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 345.10 Take Profit 1: 355.00 Take Profit 2: 365.00 Alternative scenario: If the level of 330.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 330.00 Take Profit 1: 315.00 Take Profit 2: 300.00 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