Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD risks sagging to 0.7030 - UOB. AUD/USD,D1 Pivot: 0.7022 Analysis: Provided that the currency pair is above 0.7000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7022 Take Profit 1: 0.7170 Take Profit 2: 0.7280 Alternative scenario: In case of break-down of the level 0.7000, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7000 Take Profit 1: 0...
Source: PaxForex Premium Analytics Portal, Technical Insight Bank of England to raise rate again by 25bp next week - UOB. GBP/CHF,D1 Pivot: 1.2212 Analysis: While the price is above 1.2125, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2212 Take Profit 1: 1.2300 Take Profit 2: 1.2400 Alternative scenario: If the level 1.2125 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2125 Take profit 1: 1.2075...
Source: PaxForex Premium Analytics Portal, Technical Insight New Zealand Finance Minister: The RBNZ will continue to be an inflation-fighting bank. NZD/CAD,D1 Pivot: 0.8155 Analysis: As long as the price is above 0.8080 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8155 Take Profit 1: 0.8250 Take Profit 2: 0.8350 Alternative scenario: If the level of 0.8080 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short...
Source: PaxForex Premium Analytics Portal, Technical Insight Canada's trade balance surplus narrowed to CAD 1.5 billion in April from CAD 2.28 billion a month earlier, compared to expectations of an increase to CAD 2.9 billion. GBP/CAD,D1 Pivot: 1.5731 Analysis: While the price is below 1.5955, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.5731 Take Profit 1: 1.5700 Take Profit 2: 1.5600 Alternative scenario: If the level 1.5955 is broken-out, follow the...
Source: PaxForex Premium Analytics Portal, Technical Insight Canada: the trade balance surplus narrowed to CAD 1.5 billion in April. EUR/CAD,D1 Pivot: 1.3472 Analysis: As long as price is above 1.3440 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3472 Take Profit 1: 1.3600 Take Profit 2: 1.3770 Alternative scenario: If the level of 1.3440 is broken-down, follow the recommendations below: ...