Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD rises above 0.6000, with bullish momentum increasing. NZD/USD,D1 Pivot: 0.6037 Analysis: While the price is above 0.6000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6037 Take Profit 1: 0.6150 Take Profit 2: 0.6250 Alternative scenario: If level 0.6000 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6000 Take Profit 1: 0.5900...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD edges higher above 1.0900, US PPI data looms. EUR/USD,D1 Pivot: 1.0935 Analysis: While the price is above 1.0800, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0935 Take Profit 1: 1.1000 Take Profit 2: 1.1100 Alternative scenario: If level 1.0800 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0800 Take Profit 1: 1.0700...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD consolidates in a range, just above a multi-week low amid Middle East tensions. Pivot: 1.3729 Analysis: While the price is above 1.3600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3729 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...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD gains ground above 0.6550 on hawkish RBA. AUD/USD,D1 Pivot: 0.6421 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below Time frame: D1 Recommendation: long position Entry point: 0.6584 Take Profit 1: 0.6700 Take Profit 2: 0.6800 Alternative scenario: In case level 0.6500 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6500 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight The Pound took a beating after a recent quarter-point rate cut from the BoE, and markets are on the lookout for signs of further UK rate cuts. GBP/CHF,D1 Pivot: 1.1063 Analysis: While the price is below 1.1200, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1063 Take Profit 1: 1.1000 Take Profit 2: 1.0900 Alternative scenario: If the level of 1.1200 is broken-out, follow the recommendations below: Time...
