Source: PaxForex Premium Analytics Portal, Technical Insight Bank of England, Pill: no point in anticipating market judgments. GBP/CAD,D1 Pivot: 1.7153 Analysis: While the price is above 1.6772, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7153 Take Profit 1: 1.7250 Take Profit 2: 1.7584 Alternative scenario: If the level 1.6772 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.6772 Take profit 1: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight Canada reported a trade deficit of CAD 0.14bn in December against expectations of a trade surplus of CAD 2.5bn. EUR/CAD,D1 Pivot: 1.4484 Analysis: As long as price is above 1.4172 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4484 Take Profit 1: 1.4700 Take Profit 2: 1.4840 Alternative scenario: If the level of 1.4172 is broken-down, follow the recommendations below: ...
Source: PaxForex Premium Analytics Portal, Technical Insight Bank of Japan committee representative Seiji Nakamura: consumer inflation is likely to accelerate. EUR/JPY,D1 Pivot: 131.92 Analysis: While the price is above 128.40, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 131.92 Take Profit 1: 133.00 Take Profit 2: 135.00 Alternative scenario: If the level 128.40 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position...
Source: PaxForex Premium Analytics Portal, Technical Insight Nakamura, Bank of Japan: the current soft policy needs to be patiently maintained until wages start to rise steadily. GBP/JPY,D1 Pivot: 156.53 Analysis: As long as price is above 153.59 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 156.53 Take profit 1: 157.88 Take Profit 2: 160.63 Alternative scenario: If the level of 153.59 is broken-down, follow the recommendations below: Time frame: D1 Recommendation:...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD: potential for another drop under 0.65 - Westpac. NZD/USD,D1 Pivot: 0.6676 Analysis: While the price is below 0.6735, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6632 Take Profit 1: 0.6500 Take Profit 2: 0.6400 Alternative scenario: If the level 0.6735 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6735 Take Profit 1: 0.6960 Take...
