Source: PaxForex Premium Analytics Portal, Technical Insight The program of the federal referendum on September 27, 2020, was quite extensive in Switzerland. On the voting agenda only at the federal level are five bills: on relations with the EU, on amendments to the law "On Hunting", on the introduction of paid maternity leave for fathers, on reducing the tax burden on families with children, on the allocation of credit for the purchase of a new generation of fighters for the needs of the national air force. USD/CHF,...
Source: PaxForex Premium Analytics Portal, Technical Insight India in August 2020 increased imports of gold by 2.7 times compared to August last year - up to $3.703 billion, according to the materials of the Ministry of Trade and Industry. Last month, imports of gold exceeded the total volume of imports in March-July this year. GOLD/USD, 30 min Pivot: 1961.00 Analysis: Provided that the price is above 1948.00 please follow these recommendations: Time frame: 30 min Recommendation: long position Entry point: 1961.00 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight "In light of the current inflation forecast, we need to remain vigilant and carefully evaluate the information coming in, including exchange rate changes," said Fabio Panetta, member of the Executive Board of the European Central Bank (ECB) on Tuesday. EUR/USD, 30 min Pivot: 1.1847 Analysis: Provided that the currency pair is traded below 1.1855, follow the recommendations below: Time frame: 30 min Recommendation: short position Entry point: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight ByteDance refused to sell TikTok to Microsoft. Microsoft said they could ensure that TikTok meets the highest standards of security, privacy, online security, and combating misinformation. Microsoft, H4 Pivot: 205.77 Analysis: Provided that the asset is traded above 201.60, follow the recommendations below: Time frame: H4 Recommendation: long position Entry point: 205.77 Take Profit 1: 211.90 Take Profit 2: 214.80 Alternative scenario: In case...
Source: PaxForex Premium Analytics Portal, Technical Insight Johnson: The passage of the domestic market bill will give Britain a real opportunity to close a trade deal: What we are not going to tolerate is a situation where the EU decides it has an opportunity to split our country; We hope that the EU will behave sensibly; If we enter into a deal, we will not use the authority given to us by this bill; We must implement the protocol for Northern Ireland in accordance with the Good Friday Agreement; We...
