Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD: NZD must break below 0.6050 to continue falling – UOB Group. NZD/USD,D1 Pivot: 0.6091 Analysis: While the price is above 0.6200, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6091 Take Profit 1: 0.6000 Take Profit 2: 0.5900 Alternative scenario: If level 0.6200 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6200 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight A negative start to the week saw EUR/USD extend its losses, dipping below the 1.0900 mark and recording new two-month lows. EUR/USD,D1 Pivot: 1.0905 Analysis: While the price is below 1.1000, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0905 Take Profit 1: 1.0800 Take Profit 2: 1.0700 Alternative scenario: If level 1.1000 is broken-out, follow the recommendations below: Time frame: D1 Recommendation:...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD surrenders some gains after US PPI, Canadian Employment data. Pivot: 1.3760 Analysis: While the price is above 1.3600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3760 Take Profit 1: 1.3800 Take Profit 2: 1.3900 Alternative scenario: If level 1.3600 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3600 Take Profit 1: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD faces some selling pressure below 0.6750 on weaker Chinese data, geopolitical risks. AUD/USD,D1 Pivot: 0.6739 Analysis: Provided that the currency pair is above 0.6700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6739 Take Profit 1: 0.6900 Take Profit 2: 0.7000 Alternative scenario: In case level 0.6700 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short...
Source: PaxForex Premium Analytics Portal, Technical Insight GBP inches forward after US CPI inflation runs hot. GBP/CHF,D1 Pivot: 1.1182 Analysis: While the price is below 1.1100, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1182 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: 1.1100 Take profit 1: 1.1000 Take...
