Source: PaxForex Premium Analytics Portal, Technical Insight RBNZ’s Orr: Inflation is still too high but is falling. NZD/CAD,D1 Pivot: 0.8266 Analysis: As long as the price is above 0.8200 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8266 Take Profit 1: 0.8450 Take Profit 2: 0.8550 Alternative scenario: If the level of 0.8200 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8200 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight UK budget unlikely to shock the Pound assuming that fiscal prudence is maintained – Rabobank. Pivot: 1.7180 Analysis: While the price is above 1.6900, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7180 Take Profit 1: 1.7200 Take Profit 2: 1.7300 Alternative scenario: If level 1.6900 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB's Kazimir: No reason to rush a rate cut, June would be my preferred date. EUR/CAD,D1 Pivot: 1.4710 Analysis: As long as the price is above 1.4500 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4710 Take Profit 1: 1.4800 Take Profit 2: 1.4900 Alternative scenario: If the level of 1.4500 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short ...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/JPY faces a 0.17% decline as Japan's core inflation rise hints at a possible end to negative interest rates. EUR/JPY,D1 Pivot: 163.06 Analysis: While the price is above 159.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 163.06 Take Profit 1: 164.00 Take Profit 2: 166.00 Alternative scenario: If the level 159.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation:...
Source: PaxForex Premium Analytics Portal, Technical Insight The GBP/JPY pair is currently trading at the 190.86 level in Tuesday's session, with a modest decrease. Pivot: 190.65 Analysis: As long as the price is above 186.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 190.65 Take profit 1: 192.00 Take Profit 2: 194.00 Alternative scenario: If the level of 186.00 is broken-down , follow the recommendations below: Time frame: D1 Recommendation: short...
