Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD hovers around 1.0600 with a positive bias as the US Dollar faces profit-taking selling. EUR/USD,D1 Pivot: 1.0584 Analysis: While the price is below 1.0700, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0584 Take Profit 1: 1.0560 Take Profit 2: 1.0500 Alternative scenario: If level 1.0700 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD holds position near 1.4100, four-year highs, Oil prices eyed. Pivot: 1.4083 Analysis: While the price is above 1.3800, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4083 Take Profit 1: 1.4100 Take Profit 2: 1.4200 Alternative scenario: If level 1.3800 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3800 Take Profit 1: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD posts modest gains above 0.6450 despite stronger US Dollar, eyes on RBA Meeting Minutes. AUD/USD,D1 Pivot: 0.6469 Analysis: Provided that the currency pair is above 0.6450, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6469 Take Profit 1: 0.6700 Take Profit 2: 0.6800 Alternative scenario: In case level 0.6450 is broken-down, follow the recommendations below: Time frame: D1 Recommendation:...
Source: PaxForex Premium Analytics Portal, Technical Insight UK Gross Domestic Product (GDP) figures will give Cable bidders something to chew on. GBP/CHF,D1 Pivot: 1.1265 Analysis: While the price is below 1.1100, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1265 Take Profit 1: 1.1400 Take Profit 2: 1.1500 Alternative scenario: If the level of 1.1100 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight The lower crude oil prices continue to undermine the Loonie. NZD/CAD,D1 Pivot: 0.8236 Analysis: As long as the price is above 0.8200 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8236 Take Profit 1: 0.8400 Take Profit 2: 0.8500 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...
