Source: PaxForex Premium Analytics Portal, Technical Insight Bank of England, Mann: we are more interested in medium-term inflation expectations. GBP/CAD,D1 Pivot: 1.7000 Analysis: While the price is above 1.6544, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7000 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: 1.6544...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB, Schnabel: A rate hike is not imminent.. EUR/CAD,D1 Pivot: 1.4274 Analysis: As long as price is above 1.4172 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4274 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 Recommendation: short position...
Source: PaxForex Premium Analytics Portal, Technical Insight The Head of the Bank of Japan predicts a softer Japanese Yen (JPY) and excludes negative consequences for the economy. EUR/JPY,D1 Pivot: 129.94 Analysis: While the price is below 131.84, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 129.94 Take Profit 1: 129.00 Take Profit 2: 127.01 Alternative scenario: If the level 131.84 is broken-out, follow the recommendations below: Time frame: D1...
Source: PaxForex Premium Analytics Portal, Technical Insight Head of the Bank of England, Bailey: the decision to raise the rate could be taken at any meeting. GBP/JPY,D1 Pivot: 152.93 Analysis: As long as price is below 154.15 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 154.10 Take profit 1: 150.53 Take Profit 2: 148.43 Alternative scenario: If the level of 154.15 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position...
Source: PaxForex Premium Analytics Portal, Technical Insight The NZD/USD recovers the losses of the previous week and trades around 0.7050 NZD/USD,D1 Pivot: 0.7041 Analysis: While the price is below 0.7160, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7041 Take Profit 1: 0.6960 Take Profit 2: 0.6855 Alternative scenario: If the level 0.7160 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7160 Take...
