Source: PaxForex Premium Analytics Portal, Technical Insight BoE DMP Survey: UK firms see year-ahead CPI inflations sharply down to 4.8% in August. .GBP/CHF,D1 Pivot: 1.1127 Analysis: While the price is below 1.1240, follow the recommendations below: Time frame: D1 Recommendation: shorts position Entry point: 1.1127 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...
Source: PaxForex Premium Analytics Portal, Technical Insight BoC’s Macklem: There is little downward momentum in underlying inflation. NZD/CAD,D1 Pivot: 0.8070 Analysis: As long as the price is below 0.8260 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8070 Take Profit 1: 0.7950 Take Profit 2: 0.7850 Alternative scenario: If the level of 0.8260 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8260...
Source: PaxForex Premium Analytics Portal, Technical Insight The Bank of Canada (BoC) announced on Wednesday that it left the benchmark interest rate unchanged at 5% following the September policy meeting. This decision came in line with the market expectations. Pivot: 1.7015 Analysis: While the price is above 1.7000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7015 Take Profit 1: 1.7300 Take Profit 2: 1.7400 Alternative scenario: If level 1.7000 is broken-down,...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB to deliver final rate hike next week – Danske Bank. EUR/CAD,D1 Pivot: 1.4776 Analysis: As long as the price is above 1.4500 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4618 Take Profit 1: 1.4800 Take Profit 2: 1.4900 Alternative scenario: If the level of 1.4500 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.4500...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/JPY battle to regain the 20-day SMA, bears remain resilient. EUR/JPY,D1 Pivot: 158.25 Analysis: While the price is above 155.80, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 158.25 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 1:...
