Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD: A breakout above 0.6885 could clear the way to 0.6920/60 - OCBC. AUD/USD,D1 Pivot: 0.6807 Analysis: Provided that the currency pair is below 0.7070, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6807 Take Profit 1: 0.6700 Take Profit 2: 0.6600 Alternative scenario: In case of a break-out of the level 0.7070, follow the recommendations below: Time frame: D1 Recommendation: long position...
Source: PaxForex Premium Analytics Portal, Technical Insight Mann: Uncertainty over inflation strengthens the case for an outpacing rate hike. GBP/CHF,D1 Pivot: 1.1695 Analysis: While the price is below 1.1860, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1695 Take Profit 1: 1.1585 Take Profit 2: 1.1500 Alternative scenario: If the level of 1.1860 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1860...
Source: PaxForex Premium Analytics Portal, Technical Insight The RBNZ is set for a third consecutive 50-bp rate hike next Wednesday - Reuters. NZD/CAD,D1 Pivot: 0.8017 Analysis: As long as the price is below 0.8165 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8017 Take Profit 1: 0.7950 Take Profit 2: 0.7900 Alternative scenario: If the level of 0.8165 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0....
Source: PaxForex Premium Analytics Portal, Technical Insight Cunliffe: The inflation we are seeing is mostly coming from overseas. GBP/CAD,D1 Pivot: 1.5554 Analysis: While the price is below 1.5680, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.5554 Take Profit 1: 1.5480 Take Profit 2: 1.5340 Alternative scenario: If level 1.5680 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.5680 Take profit 1...
Source: PaxForex Premium Analytics Portal, Technical Insight The Bank of Canada will go for a big rate hike but will take a pause before the Fed does - Reuters. EUR/CAD,D1 Pivot: 1.3280 Analysis: As long as the price is below 1.3400 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3280 Take Profit 1: 1.3200 Take Profit 2: 1.3100 Alternative scenario: If the level of 1.3400 is broken-out, follow the recommendations below: ...
