Source: PaxForex Premium Analytics Portal, Technical Insight NIESR: British CPI is expected to peak at 5% in Q2 2022. GBP/CAD,D1 Pivot: 1.6779 Analysis: While the price is below 1.7116, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.6779 Take Profit 1: 1.6700 Take Profit 2: 1.6549 Alternative scenario: If the level 1.7116 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7116 Take profit 1: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight ECB, Schnabel: Central banks should pay more attention to housing prices. EUR/CAD,D1 Pivot: 1.4356 Analysis: As long as price is above 1.4172 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4356 Take Profit 1: 1.4500 Take Profit 2: 1.4649 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 ECB, Knot: conditions for a rate hike are unlikely to be met in 2022. EUR/JPY,D1 Pivot: 130.82 Analysis: While the price is below 133.15, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 130.82 Take Profit 1: 130.00 Take Profit 2: 127.79 Alternative scenario: If the level 133.15 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 133.15 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight Bank of Japan, Kuroda: we will continue to control the yield curve even after the pandemic. GBP/JPY,D1 Pivot: 152.93 Analysis: As long as price is below 154.07 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 152.93 Take profit 1: 158.503 Take Profit 2: 148.43 Alternative scenario: If the level of 154.07 is broken-out, follow the recommendations below: ...
Source: PaxForex Premium Analytics Portal, Technical Insight The NZD/USD ended the week higher, with the U.S. dollar under pressure. Markets are watching the Fed's dovish stance, which the Bank showed despite job growth in the U.S. ANZ Bank economists expect the kiwi will not be able to extend gains while the economy is in a stalemate. NZD/USD,D1 Pivot: 0.7159 Analysis: While the price is above 0.7000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7159 Take Profit 1...
