Source: PaxForex Premium Analytics Portal, Technical Insight Bank of England (BoE) Governor Andrew Bailey reiterated that interest rates are likely to need to remain around current levels, per Reuters. GBP/CHF,D1 Pivot: 1.1006 Analysis: While the price is above 1.0900, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1006 Take Profit 1: 1.1100 Take Profit 2: 1.1200 Alternative scenario: If the level of 1.0900 is broken-down, follow the recommendations below: Time...
Source: PaxForex Premium Analytics Portal, Technical Insight Canadian Dollar weakens across the board on Thursday as US NFP looms ahead. NZD/CAD,D1 Pivot: 0.8360 Analysis: As long as the price is above 0.8200 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8360 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...
Source: PaxForex Premium Analytics Portal, Technical Insight Bank of England (BoE) Governor Andrew Bailey reiterated on Wednesday that interest rates are likely to need to remain around current levels, per Reuters. Pivot: 1.7078 Analysis: While the price is above 1.7000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7078 Take Profit 1: 1.7300 Take Profit 2: 1.7400 Alternative scenario: If level 1.7000 is broken-down, follow the recommendations below: Time frame...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB's Schnabel: Further rate hikes ‘rather unlikely’ after latest inflation data. EUR/CAD,D1 Pivot: 1.4634 Analysis: As long as the price is below 1.4800 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.4634 Take Profit 1: 1.4600 Take Profit 2: 1.4500 Alternative scenario: If the level of 1.4800 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long ...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/JPY clashes strong support, around 157.50 as bears loom. EUR/JPY,D1 Pivot: 158.59 Analysis: While the price is below 161.00, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 158.59 Take Profit 1: 158.00 Take Profit 2: 157.00 Alternative scenario: If the level 161.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 161.00 Take profit 1: 162.00...
