Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD: getting closer to 1.1200. EUR/USD,D1 Pivot: 1.1233 Analysis: While the price is below 1.1530, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1233 Take Profit 1: 1.1170 Take Profit 2: 1.1100 Alternative scenario: If the level 1.1530 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1530 Take Profit 1: 1.1690 Take Profit 2: 1.1800...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD: pullback from the three-week top to retest 1.2700. USD/CAD,D1 Pivot: 1.2760 Analysis: While the price is below 1.2625, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2760 Take Profit 1: 1.2810 Take Profit 2: 1.3030 Alternative scenario: If the level 1.2625 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2625 Take Profit 1: 1.2485...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD collapsed to its lowest since July 2020. AUD/USD,D1 Pivot: 0.6981 Analysis: Provided that the currency pair is below 0.7315, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6981 Take Profit 1: 0.6910 Take Profit 2: 0.6780 Alternative scenario: In case of break-out of the level 0.7315, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7315 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight Rabobank economists have serious doubts that the Bank of England's (BoE) actions will meet market expectations, i.e. that the Bank will aggressively raise rates this year. GBP/CHF,D1 Pivot: 1.2469 Analysis: While the price is above 1.2104, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2469 Take Profit 1: 1.2519 Take Profit 2: 1.2654 Alternative scenario: If the level 1.2104 is broken-down, follow the...
Source: PaxForex Premium Analytics Portal, Technical Insight The RBNZ will be forced to raise the rate to 3% - ANZ. NZD/CAD,D1 Pivot: 0.8372 Analysis: As long as price is below 0.8615 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8372 Take Profit 1: 0.8350 Take Profit 2: 0.8298 Alternative scenario: If the level of 0.8615 is broken-out, follow the recommendations below:: Time frame: D1 Recommendation: long...
