Source: PaxForex Premium Analytics Portal, Technical Insight Trump’s tariff plans on Canadian imports could weigh on the Canadian Dollar. Pivot: 1.7753 Analysis: While the price is above 1.7600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7753 Take Profit 1: 1.7900 Take Profit 2: 1.8100 Alternative scenario: If level 1.7600 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.7600 Take profit 1...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB’s Centeno warned about the risk of price pressures remaining below the bank’s target. EUR/CAD,D1 Pivot: 1.4792 Analysis: As long as the price is above 1.4700 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4792 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...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/JPY extends its losses for the second consecutive day, trading around 159.60 during the Asian hours on Wednesday. EUR/JPY,D1 Pivot: 159.56 Analysis: While the price is below 162.00, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 159.56 Take Profit 1: 158.00 Take Profit 2: 155.00 Alternative scenario: If the level 162.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation:...
Source: PaxForex Premium Analytics Portal, Technical Insight BoE’s Lombardelli said she needs to see more evidence before the next rate cut. Pivot: 191.30 Analysis: As long as the price is above 195.00 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 191.30 Take profit 1: 190.00 Take Profit 2: 187.00 Alternative scenario: If the level of 195.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 195.00...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD tumbles below 0.5850 as Trump plans new tariffs on China. NZD/USD,D1 Pivot: 0.5841 Analysis: While the price is below 0.6000, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5841 Take Profit 1: 0.5800 Take Profit 2: 0.5700 Alternative scenario: If level 0.6000 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6000 Take Profit 1: 0....
