Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD is now seen within 1.1220-1.1360 - UOB. EUR/USD,D1 Pivot: 1.1280 Analysis: While the price is below 1.1530, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1280 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...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD rises, approaching 1.2800 amid risk aversion. USD/CAD,D1 Pivot: 1.2757 Analysis: While the price is above 1.2570, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2757 Take Profit 1: 1.2900 Take Profit 2: 1.3030 Alternative scenario: If the level 1.2570 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2570 Take Profit 1: 1.2460 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD: a move to 0.6758 is easily achievable with a breakdown below 0.7106 - Credit Suisse. AUD/USD,D1 Pivot: 0.7122 Analysis: Provided that the currency pair is traded below 0.7315, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7122 Take Profit 1: 0.7100 Take Profit 2: 0.7010 Alternative scenario: In case of break-out of the level 0.7315, follow the recommendations below: Time frame: D1...
Source: PaxForex Premium Analytics Portal, Technical Insight UK economic activity remained strong in November despite supply shortages and rising price pressures, according to closely watched business surveys that will reinforce the case for the Bank of England to raise interest rates in December. GBP/CHF,D1 Pivot: 1.2397 Analysis: While the price is below 1.2607, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2397 Take Profit 1: 1.2300 Take Profit 2: 1.2250...
Source: PaxForex Premium Analytics Portal, Technical Insight RBNZ, Hoxby: continued stimulus winding down is needed. NZD/CAD,D1 Pivot: 0.8864 Analysis: As long as price is above 0.8650 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8668 Take Profit 1: 0.8750 Take Profit 2: 0.8900 Alternative scenario: If the level of 0.8650 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8650 Take profit 1: 0.8502...
