Source: PaxForex Premium Analytics Portal, Technical Insight ECB Governing Council member Kazimir: renewed tactics mean we will not allow for sustained inflation. EUR/USD,D1 Pivot: 1.1868 Analysis: While the price is below 1.1985, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1868 Take Profit 1: 1.1775 Take Profit 2: 1.1700 Alternative scenario: If the level 1.1985 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position...
Source: PaxForex Premium Analytics Portal, Technical Insight RBNZ: rate hike expected in November - Reuters poll. NZD/USD,D1 Pivot: 0.6982 Analysis: While the price is above 0.6890, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6982 Take Profit 1: 0.7343 Take Profit 2: 0.7463 Alternative scenario: If the level 0.6890 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6890 Take Profit 1: 0.6692...
Source: PaxForex Premium Analytics Portal, Technical Insight Canada: Employment increased by 230.7 thousand in June. USD/CAD,D1 Pivot: 1.2448 Analysis: Provided that the currency pair is traded above 1.2250, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2448 Take Profit 1: 1.2650 Take Profit 2: 1.2740 Alternative scenario: In case of breakdown of the level 1.2250, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1...
Source: PaxForex Premium Analytics Portal, Technical Insight GBP/USD trades below 1.3800 after UK GDP fell to 0.8% in May. GBP/USD,D1 Pivot: 1.3791 Analysis: While the price is below 1.4000, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3791 Take Profit 1: 1.3670 Take Profit 2: 1.3540 Alternative scenario: If the level 1.4000 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4000 Take Profit 1: 1.4090...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD will correct up after ECB inflation statement - TDS EUR/USD,D1 Pivot: 1.1845 Analysis: While the price is below 1.1950, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1845 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 Profit 1: 1.2050...
