Source: PaxForex Premium Analytics Portal, Technical Insight ECB: Eurozone fiscal stimulus to boost growth and lower inflation in 2022. EUR/JPY,D1 Pivot: 135.40 Analysis: While the price is below 137.00, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 135.40 Take Profit 1: 133.35 Take Profit 2: 131.00 Alternative scenario: If the level 137.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 137.00 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight Amamiya: The Fed's policy moves could have different effects on the Japanese economy. GBP/JPY,D1 Pivot: 162.11 Analysis: As long as the price is above 163.70 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 162.11 Take profit 1: 165.00 Take Profit 2: 167.00 Alternative scenario: If the level of 161.50 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry...
Source: PaxForex Premium Analytics Portal, Technical Insight RBNZ: The lending program will remain in place until December as planned.. NZD/USD,D1 Pivot: 0.6323 Analysis: While the price is below 0.6205, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6323 Take Profit 1: 0.6400 Take Profit 2: 0.6550 Alternative scenario: If the level 0.6205 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6205 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD has probably moved into a consolidation phase - UOB. EUR/USD,D1 Pivot: 1.0257 Analysis: While the price is below 1.0350, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0257 Take Profit 1: 0.9950 Take Profit 2: 0.9850 Alternative scenario: If the level 1.0350 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0350 Take Profit 1: 1.0450...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD is recovering from the six-week low set on Friday amid new purchases of the U.S. dollar. USD/CAD,D1 Pivot: 1.2980 Analysis: While the price is below 1.2870, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2816 Take Profit 1: 1.2735 Take Profit 2: 1.2680 Alternative scenario: If the level 1.2870 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: long position...