Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD will rise to 0.76 in the coming months - Rabobank. AUD/USD,D1 Pivot: 0.7513 Analysis: Provided that the currency pair is above 0.7300, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7513 Take Profit 1: 0.7550 Take Profit 2: 0.7650 Alternative scenario: In case of break-down of the level 0.7300, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0....
Source: PaxForex Premium Analytics Portal, Technical Insight Scotiabank economists expect the cable to move lower as the Bank of England has little room to restore monetary policy expectations. GBP/CHF,D1 Pivot: 1.2112 Analysis: While the price is above 1.2100, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.22112 Take Profit 1: 1.2295 Take Profit 2: 1.2530 Alternative scenario: If the level 1.2100 is broken-down, follow the recommendations below Time frame: D1...
Source: PaxForex Premium Analytics Portal, Technical Insight The Kiwi gets support from the outlook for commodity prices in New Zealand and the RBNZ rate forecast. NZD/CAD,D1 Pivot: 0.8657 Analysis: As long as price is above 0.8620 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8657 Take Profit 1: 0.8720 Take Profit 2: 0.8800 Alternative scenario: If the level of 0.8620 is broken-down, follow the recommendations below: ...
Source: PaxForex Premium Analytics Portal, Technical Insight Bank of England, Broadbent: the path of rates is unpredictable amid the unexpected turmoil hitting the economy. GBP/CAD,D1 Pivot: 1.6436 Analysis: While the price is below 1.6720, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.6436 Take Profit 1: 1.6300 Take Profit 2: 1.6200 Alternative scenario: If the level 1.6720 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB, Holzmann: the ECB might raise the rate in September if there are no new asset buybacks in July. EUR/CAD,D1 Pivot: 1.3974 Analysis: As long as price is below 1.4172 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3974 Take Profit 1: 1.3750 Take Profit 2: 1.3650 Alternative scenario: If the level of 1.4172 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position...
