Source: PaxForex Premium Analytics Portal, Technical Insight Bank of England (BoE) Governor Andrew Bailey said that he “expects a 'marked fall' in inflation next month”. GBP/CHF,D1 Pivot: 1.0803 Analysis: While the price is below 1.0900, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0803 Take Profit 1: 1.0700 Take Profit 2: 1.0600 Alternative scenario: If the level of 1.0900 is broken-out, follow the recommendations below: Time frame: D1...
Source: PaxForex Premium Analytics Portal, Technical Insight RBNZ: Annual Q3 Sectoral Factor Model Inflation falls to 5.2%. NZD/CAD,D1 Pivot: 0.7988 Analysis: As long as the price is below 0.8100 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7988 Take Profit 1: 0.7950 Take Profit 2: 0.7850 Alternative scenario: If the level of 0.8100 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8100 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight UK inflation data came in slightly higher than expected, helping the Pound to perform better than other European currencies on Wednesday. Pivot: 1.6645 Analysis: While the price is above 1.6580, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.6645 Take Profit 1: 1.6800 Take Profit 2: 1.6900 Alternative scenario: If level 1.6580 is broken-down, follow the recommendations below: Time frame: D1...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB’s Visco: Inflation not yet consistent with underlying price stability. EUR/CAD,D1 Pivot: 1.4459 Analysis: As long as the price is above 1.4350 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4459 Take Profit 1: 1.4550 Take Profit 2: 1.4700 Alternative scenario: If the level of 1.4350 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short ...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/JPY sees gains, the Euro sticking close to the ceiling near 158.60. EUR/JPY,D1 Pivot: 158.34 Analysis: While the price is above 155.80, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 158.34 Take Profit 1: 160.00 Take Profit 2: 162.00 Alternative scenario: If the level 155.80 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 155.80 Take profit...
