Daily Trading Analysis 08.09.2023

Technical & Fundamental analysis

Trading Analysis of GBP/CHF BoE DMP Survey: UK firms see year-ahead CPI inflations sharply down to 4.8% in August. Our Analysis: While the price is below 1.1240, follow the recommendations below: Time frame: D1 Recommendation: shorts position Entry point: 1.1127 Take Profit 1: 1.1075 Take Profit 2: 1.1025 Alternative scenario: If the level of 1.1240 is broken-out , follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1240 Take profit 1: 1.1275 Take profit 2: 1.1325 Learn More Trading Analysis of NZD/CAD BoC’s Macklem: There is little downward momentum in underlying inflation. Our Analysis: As long as the price is below 0.8260 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8070 Take Profit 1: 0.7950 Take Profit 2: 0.7850 Alternative scenario: If the level of 0.8260 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8260 Take profit 1: 0.8350 Take profit 2: 0.8400 Learn More Fundamental Trading Analysis of Meta Platforms Investors who made an early move into Meta Platforms this year are reaping substantial rewards. As of the current moment, the stock has surged by an impressive 136% year-to-date. Our Analysis: As long as the price is above 275.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 298.53 Take Profit 1: 325.00 Take Profit 2: 345.00 Alternative scenario: If the level of 275.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 275.00 Take Profit 1: 258.00 Take Profit 2: 245.00 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