Source: PaxForex Premium Analytics Portal, Technical Insight UK Ministry of Finance finally managed to present the autumn budget. GBP/CHF,D1 Pivot: 1.1432 Analysis: While the price is above 1.1200, follow the recommendations below: me frame: D1 Recommendation: long position Entry point: 1.1432 Take Profit 1: 1.1600 Take Profit 2: 1.1965 Alternative scenario: If the level of 1.1200 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1200 Take profit 1...
Source: PaxForex Premium Analytics Portal, Technical Insight New Zealand: RBNZ delivers a 75 bps rate hike – UOB. NZD/CAD,D1 Pivot: 0.8342 Analysis: As long as the price is above 0.8250 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8342 Take Profit 1: 0.8400 Take Profit 2: 0.8500 Alternative scenario: If the level of 0.8250 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8250 Take profit 1: 0....
Source: PaxForex Premium Analytics Portal, Technical Insight UK Autumn Budget to influence BOE's policy outlook. GBP/CAD,D1 Pivot: 1.6126 Analysis: While the price is above 1.5800, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.6126 Take Profit 1: 1.6200 Take Profit 2: 1.6400 Alternative scenario: If level 1.5800 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.5800 Take profit 1: 1.5570 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight Statements by officials of the European central bank maintain the environment that ECB should follow a more aggressive policy in future interest rate increases. EUR/CAD,D1 Pivot: 1.3904 Analysis: As long as the price is above 1.3700 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3904 Take Profit 1: 1.4000 Take Profit 2: 1.4100 Alternative scenario: If the level of 1.3700 is broken-down, follow the...
Source: PaxForex Premium Analytics Portal, Technical Insight The EUR/JPY continues to consolidate within a rising wedge, though finished with minuscule losses of 0.04% on Tuesday, on a risk-on sentiment. As the Asian session begins, the EUR/JPY is trading at 145.48, barely gaining 0.01%. EUR/JPY,D1 Pivot: 146.04 Analysis: While the price is above 144.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 146.04 Take Profit 1: 149.00 Take Profit 2: 151.00 Alternative...
