Source: PaxForex Premium Analytics Portal, Technical Insight ECB, Knot: Inflation in Europe is not dead. EUR/USD,D1 Pivot: 1.1859 Analysis: While the price is below 1.2020, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1859 Take Profit 1: 1.1775 Take Profit 2: 1.1700 Alternative scenario: If the level 1.2020 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2020 Take Profit 1: 1.2095 Take Profit 2: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight RBNZ seeks to "turn the tide" with risk-off in the Pacific region - Reuters. NZD/USD,D1 Pivot: 0.7025 Analysis: While the price is below 0.7160, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7025 Take Profit 1: 0.6920 Take Profit 2: 0.6800 Alternative scenario: If the level 0.7160 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point:...
Source: PaxForex Premium Analytics Portal, Technical Insight CIBC expects the Bank of Canada to wait for the Fed to make the first move. USD/CAD,D1 Pivot: 1.2330 Analysis: Provided that the currency pair is traded above 1.2180, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2330 Take Profit 1: 1.2480 Take Profit 2: 1.2630 Alternative scenario: In case of breakdown of the level 1.2180, follow the recommendations below: Time frame: D1 Recommendation: short...
Source: PaxForex Premium Analytics Portal, Technical Insight Bank of England, Bailey: we have reason to expect the rise in inflation to be temporary. GBP/USD,D1 Pivot: 1.3906 Analysis: While the price is below 1.4075, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3906 Take Profit 1: 1.3670 Take Profit 2: 1.3500 Alternative scenario: If the level 1.4075 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight The EUR/USD might return to 1.1800 area in the coming weeks, currency strategists from UOB Group suggested. EUR/USD,D1 Pivot: 1.1916 Analysis: While the price is below 1.2020, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1916 Take Profit 1: 1.1775 Take Profit 2: 1.1700 Alternative scenario: If the level 1.2020 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position...
