Daily Trading Analysis 15.03.2024

Technical & Fundamental analysis

Trading Analysis of GBP/CHF The Pound Sterling drops as hot US PPI data dampens appeal for risk-sensitive assets. Our Analysis: While the price is above 1.1050, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1272 Take Profit 1: 1.1300 Take Profit 2: 1.1400 Alternative scenario: If the level of 1.1050 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1050 Take profit 1: 1.0900 Take profit 2: 1.0800 Learn More Trading Analysis of NZD/CAD The Canadian Dollar (CAD) is broadly higher on Friday, landing in the green against the majority of its major currency peers. Our Analysis: As long as the price is above 0.8200 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8259 Take Profit 1: 0.8450 Take Profit 2: 0.8550 Alternative scenario: If the level of 0.8200 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8200 Take profit 1: 0.8100 Take profit 2: 0.8000 Learn More Fundamental Trading Analysis of Alphabet Alphabet has established itself as a dominant force in the stock market, boasting an impressive 338% increase in share value over the past decade. Our Analysis: As long as the price is above 135.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 143.86 Take Profit 1: 150.00 Take Profit 2: 155.00 Alternative scenario: If the level of 135.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 135.00 Take Profit 1: 130.00 Take Profit 2: 125.00 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.ccsend.com