Source: PaxForex Premium Analytics Portal, Technical Insight Bank of England: there will be a 25 basis points rate hike - Scotiabank. GBP/CAD,D1 Pivot: 1.7188 Analysis: While the price is above 1.6772, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7188 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...
Source: PaxForex Premium Analytics Portal, Technical Insight Canada: manufacturing PMI fell to 56.2 in January. EUR/CAD,D1 Pivot: 1.4330 Analysis: As long as price is above 1.4172 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4330 Take Profit 1: 1.4360 Take Profit 2: 1.4700 Alternative scenario: If the level of 1.4172 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short...
Source: PaxForex Premium Analytics Portal, Technical Insight Rising eurozone yields may continue to support the single currency in anticipation of this Thursday's ECB monetary policy meeting. EUR/JPY,D1 Pivot: 128.73 Analysis: While the price is above 128.40, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 128.73 Take Profit 1: 131.55 Take Profit 2: 133.00 Alternative scenario: If the level 128.40 is broken-down, follow the recommendations below: Time frame: D1...
Source: PaxForex Premium Analytics Portal, Technical Insight Bank of Japan, Kuroda: aggressive monetary policy easing helps Japan's economy to moderate growth. GBP/JPY,D1 Pivot: 155.15 Analysis: As long as price is above 153.59 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 155.15 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: ...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD: strong domestic data and RBA action will lift the kiwi. 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: 0.6676 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....
