Source: PaxForex Premium Analytics Portal, Technical Insight The Pound Sterling is virtually unchanged in the mid-North American session, amid a scarce economic docket in the UK if not interrupted by Bank of England member Megan Greene. GBP/CHF,D1 Pivot: 1.1283 Analysis: While the price is above 1.1200, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1283 Take Profit 1: 1.1500 Take Profit 2: 1.1600 Alternative scenario: If the level of 1.1200 is broken-down, follow...
Source: PaxForex Premium Analytics Portal, Technical Insight Canadian Dollar gives away earlier gains on hawkish Fed and strong US data. NZD/CAD,D1 Pivot: 0.8104 Analysis: AAs long as the price is below 0.8100 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8104 Take Profit 1: 0.8250 Take Profit 2: 0.8350 Alternative scenario: If the level of 0.8100 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short ...
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...