Source: PaxForex Premium Analytics Portal, Technical Insight Pound Sterling struggles to extend upside amid multiple headwinds.. GBP/CHF,D1 Pivot: 1.1122 Analysis: While the price is below 1.1240, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1122 Take Profit 1: 1.1075 Take Profit 2: 1.1025 Alternative scenario: If the level of 1.1240 is broken-out , follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1240...
Source: PaxForex Premium Analytics Portal, Technical Insight Canadian dollar catches relief on Thursday as Crude Oil prices ease back. NZD/CAD,D1 Pivot: 0.8172 Analysis: As long as the price is above 0.8100 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8172 Take Profit 1: 0.8250 Take Profit 2: 0.8350 Alternative scenario: If the level of 0.8100 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry...
Source: PaxForex Premium Analytics Portal, Technical Insight MUFG analysts suspect the BoE has already overdone it with tightening and see potential for rates to soften relative to other major developed economies. Pivot: 1.6686 Analysis: While the price is above 1.6580, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.6686 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...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB’s de Guindos: Economic activity likely to remain subdued in coming months. EUR/CAD,D1 Pivot: 1.4442 Analysis: As long as the price is above 1.4350 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4442 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 navigates a narrow range of around 157.00 following Monday’s strong pullback. EUR/JPY,D1 Pivot: 156.03 Analysis: While the price is above 155.80, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 156.03 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:...
