Source: PaxForex Premium Analytics Portal, Technical Insight ECB, Muller: we will consider the probability of an increase in APP after the end of the PEPP program. EUR/CAD,D1 Pivot: 1.4929 Analysis: As long as price is above 1.4612 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4929 Take Profit 1: 1.5100 Take Profit 2: 1.5300 Alternative scenario: If the level of 1.4612 is broken-down, follow the recommendations below: Time frame: D1...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/JPY remains under pressure and is testing 128.00. EUR/JPY,D1 Pivot: 128.04 Analysis: While the price is below 129.20, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 128.04 Take Profit 1: 127.84 Take Profit 2: 127.03 Alternative scenario: If the level 129.20 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 129.20 Take profit 1: 130.20 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight UOB Group analysts write ahead of the Bank of England's monetary policy meeting scheduled for this week that the regulator's first rate hike should not be expected until 2023. GBP/JPY,D1 Pivot: 149.13 Analysis: As long as price is below 152.14 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 149.13 Take profit 1: 148.35 Take Profit 2: 146.33 Alternative scenario: If the level of 152.14 is broken-out,...
Source: PaxForex Premium Analytics Portal, Technical Insight The NZD/USD started the new week under pressure and fell to a 3 week low at 0.7006 and then rebounded moderately. NZD/USD,D1 Pivot: 0.7022 Analysis: While the price is below 0.7170, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7022 Take Profit 1: 0.6940 Take Profit 2: 0.6875 Alternative scenario: If the level 0.7170 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD will fall to 1.13 by the end of 2022 - Danske Bank. EUR/USD,D1 Pivot: 1.1725 Analysis: While the price is below 1.1910, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1725 Take Profit 1: 1.1660 Take Profit 2: 1.1580 Alternative scenario: If the level 1.1910 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1910 Take Profit 1: 1.1980...
