Source: PaxForex Premium Analytics Portal, Technical Insight Canada: Derived PMI fell to 56.5 in December. GBP/CAD,D1 Pivot: 1.7135 Analysis: While the price is above 1.6772, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7135 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: 1.6408 Take Profit 2:...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB, Kazacs: an earlier rate hike in 2023 is possible. EUR/CAD,D1 Pivot: 1.4386 Analysis: As long as price is above 1.4172 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4386 Take Profit 1: 1.4700 Take Profit 2: 1.4998 Alternative scenario: If the level of 1.4172 is broken-down, follow the recommendations below: Time frame: D1 Recommendation:...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB, Villeroy: Inflation in France and the euro area is about to peak. EUR/JPY,D1 Pivot: 131.02 Analysis: While the price is above 127.70, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 131.02 Take Profit 1: 132.00 Take Profit 2: 133.55 Alternative scenario: If the level 127.70 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 127.70 Take profit 1...
Source: PaxForex Premium Analytics Portal, Technical Insight Inflation in Britain may exceed the 7% mark - The Times. GBP/JPY,D1 Pivot: 156.87 Analysis: As long as price is above 150.97 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 156.87 Take profit 1: 157.65 Take Profit 2: 159.29 Alternative scenario: If the level of 150.97 is broken-down, follow the recommendations below: Time...
Source: PaxForex Premium Analytics Portal, Technical Insight U.S. inflation expectations made a new 6-week high. NZD/USD,D1 Pivot: 0.6792 Analysis: While the price is below 0.6860, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6792 Take Profit 1: 0.6685 Take Profit 2: 0.6600 Alternative scenario: If the level 0.6860 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6860 Take Profit 1: 0.6960 Take...
