Daily Trading Analysis 20.06.2024

Technical & Fundamental analysis

Trading Analysis of GBP/CAD BoE is expected to keep rates on hold at 5.25% even as UK economic data continues to miss the mark. Our Analysis: While the price is above 1.7200, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7433 Take Profit 1: 1.7500 Take Profit 2: 1.7600 Alternative scenario: If level 1.7200 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.7200 Take profit 1: 1.7100 Take Profit 2: 1.7000 Learn More Trading Analysis of EUR/CAD BoC Summary of Deliberations delivers little new, but reiterates widening policy divergence. Our Analysis: As long as the price is above 1.4700 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4728 Take Profit 1: 1.4900 Take Profit 2: 1.5000 Alternative scenario: If the level of 1.4700 is broken-down, follow the recommendations below:   Time frame: D1 Recommendation: short position Entry point: 1.4700 Take profit 1: 1.4600 Take Profit 2: 1.4500 Learn More Fundamental Trading Analysis of Amazon Amazon has evolved from a modest online bookstore into a dominant player in various industries, potentially eyeing another $100 billion opportunity. Our Analysis: As long as the price is above 180.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 181.88 Take Profit 1: 190.00 Take Profit 2: 195.00 Alternative scenario: If the level of 180.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 180.00 Take Profit 1: 175.00 Take Profit 2: 170.00 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 GB Unsubscribe | Constant Contact Data Notice

Fashion’s Most In-Demand Skills

Sephora's Niche Fragrance Strategy; Naomi Campbell's V&A Extravaganza

ADVERTISEMENT

WHAT YOU NEED TO KNOW TODAY: THURSDAY, JUNE 20, 2024 Fashion companies are increasingly prioritising "durable skills" when hiring. Depop and Selfridges are trialing Truss, a start-up that uses AI to identify clothing in images. Sephora has made some smart bets on emerging fragrance brands. The V&As "Naomi: In Fashion" is the first major museum exhibition on a model. China's 618 mid-year e-commerce festival failed to generate strong sales performance.

TOP STORIES

WORKPLACE & TALENT Fashion's Most (and Least) In-Demand Skills By Sheena Butler-Young

An industry-wide reckoning is leading fashion firms to prioritise soft skills like critical thinking and curiosity over once in-demand technical proficiencies. READ MORE

TECHNOLOGY Why One AI Start-Up Is Cataloguing Millions of Fashion Items By Marc Bain

Truss has earned support from Selfridges and Depop, as well as a £1 million grant from the UK government's innovation agency in its effort to build image-recognition for garments that it says could help to power the booming secondhand market. READ MORE

LUXURY Inside the V&A's Naomi Campbell Extravaganza By The Guardian

'Naomi: In Fashion' is the first major museum exhibition devoted to a fashion model, but rather than making too earnest a case for Campbell's canonisation, the show is fun and does not take itself too seriously, writes Jess Cartner-Morley. READ MORE

BEAUTY Inside Sephora's Niche Fragrance Strategy By Emily Jensen By betting early on indie brands, the retailer has been able to tap into trends and capitalise on a fast-growing market. READ MORE

BEAUTY Why Milani Cosmetics Is Playing Sports By Yola Mzizi The cosmetics label is rolling out a campaign starring WNBA star Sabrina Ionescu, gymnast Jordan Chiles, volleyball player Chiaka Ogbogu and weightlifter Mattie Rogers, becoming the latest beauty label to bet on the cultural power and reach of athletes. READ MORE

Extended Offers Dampen Excitement for China's Mid-Year E-Commerce Festival READ MORE

BoF PROFESSIONAL Join now and enjoy your first 30 days for just $/£/€1 START TRIAL

NEWS BRIEFS Space NK Sells Off US Wholesale Arm Beiersdorf Warns of Difficult Quarter Ahead in China

BoF PROFESSIONAL

BoF VOICES 2024 is Coming: First Speakers Announced Taking place from November 12 to November 15 in Oxfordshire, we'll convene leaders and disruptors from the worlds of science, technology, health and wellness, food, film, politics, the arts, philosophy and philanthropy – and, of course, fashion, luxury and beauty – to promote cross-industry discourse and spark innovation. Speakers confirmed so far include: Simon Porte Jacquemus, founder and creative director, Jacquemus Jens Grede, co-founder and chief executive, Skims David Allemann, co-founder and executive co-chairman, On Michael Kliger, chief executive, Mytheresa Please find a full list of the latest confirmed speakers here. A limited number of invitation-only tickets remain to join us in person at Soho Farmhouse in Oxfordshire. To request an invitation, please complete the application form below. APPLY NOW

The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY. CONNECT WITH US ON CONTACT US ETHICS POLICY SPONSORSHIP & ADVERTISING JOB OPPORTUNITIES This email was sent to edwardlorilla1986.paxforex@blogger.com Update your preferences or unsubscribe from this list. All services provided are subject to our Privacy Policy. The Business of Fashion Ltd The Business of Fashion, Surrey Building, 1 Surrey St, Temple, London, WC2R 2ND, United Kingdom businessoffashion.com