Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD: the outlook remains unclear - UOB Group. EUR/USD,D1 Pivot: 1.1326 Analysis: While the price is below 1.1530, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1326 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...
Source: PaxForex Premium Analytics Portal, Technical Insight Canada: Ivey PMI fell to 45.0 in December from 61.2 in November. USD/CAD,D1 Pivot: 1.2637 Analysis: While the price is below 1.2840, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2637 Take Profit 1: 1.2485 Take Profit 2: 1.2360 Alternative scenario: If the level 1.2625 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2840 Take Profit 1: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD risks additional losses in the near term - UOB. AUD/USD,D1 Pivot: 0.7174 Analysis: Provided that the currency pair is traded above 0.7080, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7174 Take Profit 1: 0.7280 Take Profit 2: 0.7350 Alternative scenario: In case of break-down of the level 0.7080, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point...
Source: PaxForex Premium Analytics Portal, Technical Insight Bank of England: output price inflation is expected to be 4.5% for the year ahead. GBP/CHF,D1 Pivot: 1.2462 Analysis: While the price is above 1.2104, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2462 Take Profit 1: 1.2519 Take Profit 2: 1.2654 Alternative scenario: If the level 1.2104 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2104...
Source: PaxForex Premium Analytics Portal, Technical Insight While the RBNZ is focused on continuing to roll back monetary stimulus, the regulator also notes the volatility of high property prices, seeing them as a threat to monetary and financial stability. NZD/CAD,D1 Pivot: 0.8587 Analysis: As long as price is above 0.8542 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8587 Take Profit 1: 0.8765 Take Profit 2: 0.8850 Alternative scenario: If the level of 0.8542 is...
