Source: PaxForex Premium Analytics Portal, Technical Insight Eurozone inflation disappoints, but signs of consumer pushback bode well for the outlook – ABN AMRO. EUR/CAD,D1 Pivot: 1.4944 Analysis: As long as the price is above 1.4800 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4944 Take Profit 1: 1.5000 Take Profit 2: 1.5100 Alternative scenario: If the level of 1.4800 is broken-down, follow the recommendations below: Time frame: D1...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/JPY drifts higher above 165.50 after BoJ surprises rate hike. EUR/JPY,D1 Pivot: 165.39 Analysis: While the price is above 167.00, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 165.39 Take Profit 1: 164.00 Take Profit 2: 163.00 Alternative scenario: If the level 167.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 167.00 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight Bank of Japan raises interest rate by 15 bps, sets out tapering plan. Pivot: 196.14 Analysis: As long as the price is below 199.00 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 196.14 Take profit 1: 195.00 Take Profit 2: 193.00 Alternative scenario: If the level of 199.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD trims losses below 0.5900, investors await Fed rate decision. NZD/USD,D1 Pivot: 0.5890 Analysis: While the price is above 0.6000, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5890 Take Profit 1: 0.5800 Take Profit 2: 0.5700 Alternative scenario: If level 0.6000 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6000 Take Profit 1...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD explores further downside ahead of EU GDP prints. EUR/USD,D1 Pivot: 1.0821 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0821 Take Profit 1: 1.0900 Take Profit 2: 1.1000 Alternative scenario: If level 1.0700 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0700 Take Profit 1: 1....
