Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD: downward pressure has weakened, consolidation is ahead - UOB Group. EUR/USD,D1 Pivot: 1.1770 Analysis: While the price is below 1.1950, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1770 Take Profit 1: 1.1700 Take Profit 2: 1.1600 Alternative scenario: If the level 1.1950 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1950 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight The NZD/USD is down from multi-day highs but is trading around 0.6970-75. NZD/USD,D1 Pivot: 0.6977 Analysis: While the price is below 0.7120, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6977 Take Profit 1: 0.6800 Take Profit 2: 0.6680 Alternative scenario: If the level 0.7120 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7120 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight The USD/CAD pulled back after a surge to 1.2606. USD/CAD,D1 Pivot: 1.2571 Analysis: Provided that the currency pair is traded above 1.2380, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2571 Take Profit 1: 1.2880 Take Profit 2: 1.3030 Alternative scenario: In case of breakdown of the level 1.2380, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2380...
Source: PaxForex Premium Analytics Portal, Technical Insight Bank of England, Broadbent: commodities prices are likely to lower inflation in two years. GBP/USD,D1 Pivot: 1.3599 Analysis: While the price is below 1.3960, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3599 Take Profit 1: 1.3540 Take Profit 2: 1.3430 Alternative scenario: If the level 1.3960 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight ECB, Villeroy: keeping the accommodative policy at the moment is absolutely justified. EUR/USD,D1 Pivot: 1.1799 Analysis: While the price is below 1.1950, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1799 Take Profit 1: 1.1700 Take Profit 2: 1.1600 Alternative scenario: If the level 1.1950 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1950...
