Source: PaxForex Premium Analytics Portal, Technical Insight RBNZ Governor Orr: Still more work to do to get inflation to target. NZD/CAD,D1 Pivot: 0.8212 Analysis: As long as the price is above 0.8200 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8212 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...
Source: PaxForex Premium Analytics Portal, Technical Insight BoE's Bailey: Inflation to come down to target by spring. Pivot: 1.7021 Analysis: While the price is above 1.6900, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7021 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: 1.6900 Take profit 1: 1.6800 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB's de Guindos: While we are heading in the right direction, we must not get ahead of ourselves. EUR/CAD,D1 Pivot: 1.4533 Analysis: As long as the price is below 1.4700 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.4533 Take Profit 1: 1.4400 Take Profit 2: 1.4300 Alternative scenario: If the level of 1.4700 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long...
Source: PaxForex Premium Analytics Portal, Technical Insight The Euro found relief from better-than-expected Economic Sentiment data from the Eurozone and Germany. EUR/JPY,D1 Pivot: 161.27 Analysis: While the price is above 159.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 161.27 Take Profit 1: 162.00 Take Profit 2: 164.00 Alternative scenario: If the level 159.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position...
Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY trades with modest losses, holds above mid-189.00s ahead of UK CPI. Pivot: 186.56 Analysis: As long as the price is above 186.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 189.71 Take profit 1: 190.00 Take Profit 2: 192.00 Alternative scenario: If the level of 186.00 is broken-down , follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 186....
