Source: PaxForex Premium Analytics Portal, Technical Insight BoE policymaker pushes back against market interest rate expectations, jobless claims promising. GBP/CHF,D1 Pivot: 1.1007 Analysis: While the price is above 1.0900, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1007 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 frame: D1 Recommendation: short ...
Source: PaxForex Premium Analytics Portal, Technical Insight US Initial Jobless Claims rise to their highest level in nearly two years, market narrative tilts back toward fears of a harder-than-soft landing. NZD/CAD,D1 Pivot: 0.8182 Analysis: As long as the price is above 0.8030 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8182 Take Profit 1: 0.8250 Take Profit 2: 0.8350 Alternative scenario: If the level of 0.8030 is broken-down, follow the recommendations...
Source: PaxForex Premium Analytics Portal, Technical Insight The Canadian Dollar is seeing additional gains on Wednesday, eking out an extension as broader markets chew on their recent bout of risk-on sentiment. Pivot: 1.6966 Analysis: While the price is above 1.6900, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.6966 Take Profit 1: 1.7100 Take Profit 2: 1.7200 Alternative scenario: If level 1.6900 is broken-down, follow the recommendations below: Time frame:...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB’s Kazaks: Too soon to say that the terminal rate has been reached. EUR/CAD,D1 Pivot: 1.4848 Analysis: As long as the price is above 1.4650 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4848 Take Profit 1: 1.4900 Take Profit 2: 1.5100 Alternative scenario: If the level of 1.4650 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/JPY hits a fifteen-year high, 164.00 on deck. EUR/JPY,D1 Pivot: 163.70 Analysis: While the price is above 161.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 163.70 Take Profit 1: 164.50 Take Profit 2: 166.00 Alternative scenario: If the level 161.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 161.00 Take profit 1: 155.60 Take Profit...
