Source: PaxForex Premium Analytics Portal, Technical Insight Pound Sterling bounces back on slower than expected decline in UK inflation. Pivot: 1.7152 Analysis: While the price is above 1.6900, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7152 Take Profit 1: 1.7300 Take Profit 2: 1.7400 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...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB's Vasle sees rates much closer to 3% at year-end. EUR/CAD,D1 Pivot: 1.4689 Analysis: As long as the price is above 1.4500 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4689 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 position Entry point: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight The EUR/JPY pair is trading at 164.00, recording a slight uptick in Tuesday’s session. EUR/JPY,D1 Pivot: 164.08 Analysis: While the price is above 161.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 164.69 Take Profit 1: 166.00 Take Profit 2: 168.00 Alternative scenario: If the level 161.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point...
Source: PaxForex Premium Analytics Portal, Technical Insight The headline annual UK Consumer Price Index is set to rise 3.1% in March, slower than a 3.4% increase in February. Pivot: 192.28 Analysis: As long as the price is above 188.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 192.28 Take profit 1: 194.00 Take Profit 2: 196.00 Alternative scenario: If the level of 188.00 is broken-down , follow the recommendations below: Time frame: D1 Recommendation...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD depreciates amid risk aversion due to geopolitical tensions, trades below 0.5900. NZD/USD,D1 Pivot: 0.5890 Analysis: While the price is below 0.6050, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5890 Take Profit 1: 0.5800 Take Profit 2: 0.5900 Alternative scenario: If level 0.6050 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry...