Source: PaxForex Premium Analytics Portal, Technical Insight UOB Group analysts write that EUR/USD may continue falling in the short term. EUR/USD,D1 Pivot: 1.1948 Analysis: While the price is below 1.2150, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1948 Take Profit 1: 1.1880 Take Profit 2: 1.1775 Alternative scenario: If the level 1.2150 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2150 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight New Zealand GDP beat all forecasts: +1.6% q/q vs forecast of +0.5%. NZD/USD,D1 Pivot: 0.7140 Analysis: While the price is below 0.7328, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7140 Take Profit 1: 0.6877 Take Profit 2: 0.6751 Alternative scenario: If the level 0.7328 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7328 Take Profit...
Source: PaxForex Premium Analytics Portal, Technical Insight Canada: May CPI rose more than analysts had expected. USD/CAD,D1 Pivot: 1.2270 Analysis: Provided that the currency pair is traded above 1.2150, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2270 Take Profit 1: 1.2400 Take Profit 2: 1.2500 Alternative scenario: In case of breakdown of the level 1.2150, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight Head of the Bank of England Bailey: The size of the Bank of England's balance sheet will be a major concern over the next 5 years. GBP/USD,D1 Pivot: 1.4116 Analysis: While the price is above 1.3970, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4116 Take Profit 1: 1.4240 Take Profit 2: 1.4380 Alternative scenario: If the level 1.3970 is broken-down, follow the recommendations below: Time frame: D1...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB, Rehn: we haven't discussed moving away from PEPP. EUR/USD,D1 Pivot: 1.2098 Analysis: While the price is above 1.1980, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2098 Take Profit 1: 1.2265 Take Profit 2: 1.2350 Alternative scenario: If the level 1.1980 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1980 Take Profit 1: 1.1880...
