Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD: The Australian dollar may decline only moderately - Wells Fargo. AUD/USD,D1 Pivot: 0.7002 Analysis: Provided that the currency pair is above 0.7000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7186 Take Profit 1: 0.7280 Take Profit 2: 0.7445 Alternative scenario: In case of break-down of the level 0.7000, follow the recommendations below: Time frame: D1 Recommendation: short position...
Source: PaxForex Premium Analytics Portal, Technical Insight Analysts at Morgan Stanley offer their bearish outlook on the British pound, expecting the Bank of England (BOE) to lean towards a dovish reversal in the coming months. GBP/CHF,D1 Pivot: 1.2103 Analysis: While the price is below 1.2275, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2103 Take Profit 1: 1.2050 Take Profit 2: 1.1980 Alternative scenario: If the level 1.2275 is broken-out, follow the...
Source: PaxForex Premium Analytics Portal, Technical Insight New Zealand: RBNZ raises interest rate to 2.00% - UOB. NZD/CAD,D1 Pivot: 0.8300 Analysis: As long as price is above 0.8250 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8300 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...
Source: PaxForex Premium Analytics Portal, Technical Insight The Bank of England will be more dovish in August - Morgan Stanley. GBP/CAD,D1 Pivot: 1.6125 Analysis: While the price is above 1.5950, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.6125 Take Profit 1: 1.6200 Take Profit 2: 1.6300 Alternative scenario: If the level 1.5950 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.5950 Take profit 1...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB, Knott: We are looking at a 50bp rate hike in July. EUR/CAD,D1 Pivot: 1.3709 Analysis: As long as price is above 1.3600 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3709 Take Profit 1: 1.3800 Take Profit 2: 1.3985 Alternative scenario: If the level of 1.3600 is broken-down, follow the recommendations below: ...
