Source: PaxForex Premium Analytics Portal, Technical Insight Bank of England, Tenreyro: a rate hike in December or February? - it's a secret. GBP/CAD,D1 Pivot: 1.6877 Analysis: While the price is above 1.6544, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.6877 Take Profit 1: 1.7100 Take Profit 2: 1.7215 Alternative scenario: If the level 1.6544 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight ECB, Weidmann: upward inflation risks prevail in Germany and the euro area. EUR/CAD,D1 Pivot: 1.4183 Analysis: As long as price is above 1.4172 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4183 Take Profit 1: 1.4350 Take Profit 2: 1.4500 Alternative scenario: If the level of 1.4172 is broken-down, follow the recommendations below: Time frame: D1...
Source: PaxForex Premium Analytics Portal, Technical Insight The Bank of Japan is considering the possibility of making changes to its post-pandemic support programs. EUR/JPY,D1 Pivot: 129.44 Analysis: While the price is below 131.26, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 129.44 Take Profit 1: 128.50 Take Profit 2: 126.04 Alternative scenario: If the level 131.26 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long...
Source: PaxForex Premium Analytics Portal, Technical Insight Head of the Bank of England, Bailey: I don't think we will come back to a clear statement of intent. GBP/JPY,D1 Pivot: 153.96 Analysis: As long as price is below 157.09 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 153.96 Take profit 1: 152.50 Take Profit 2: 148.94 Alternative scenario: If the level of 157.09 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position...
Source: PaxForex Premium Analytics Portal, Technical Insight Market participants are actively monitoring the RBNZ meeting to be held on Wednesday (the bank's rate decision will be published at 01:00 GMT). It is not ruled out that the RBNZ leaders will decide to raise the interest rate again. NZD/USD,D1 Pivot: 0.6926 Analysis: While the price is below 0.7160, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6926 Take Profit 1: 0.6900 Take Profit 2: 0.6855...
