Source: PaxForex Premium Analytics Portal, Technical Insight The EUR/USD pair is recovering from the weekly lows to 1.1615. EUR/USD,D1 Pivot: 1.1609 Analysis: While the price is below 1.1755, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1609 Take Profit 1: 1.1500 Take Profit 2: 1.1420 Alternative scenario: If the level 1.1755 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1755 Take Profit 1: 1.1840...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD is rising to 1.2400 amid a strengthening U.S. dollar. USD/CAD,D1 Pivot: 1.2358 Analysis: While the price is below 1.2610, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2358 Take Profit 1: 1.2300 Take Profit 2: 1.2180 Alternative scenario: If the level 1.2610 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2610 Take Profit 1: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD: Slowing inflation will weaken the Australian dollar - ING.. AUD/USD,D1 Pivot: 0.7464 Analysis: Provided that the currency pair is traded above 0.7280, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7464 Take Profit 1: 0.7600 Take Profit 2: 0.7720 Alternative scenario: In case of break-down of the level 0.7280, follow the recommendations below: Time frame: D1 Recommendation: short position...
Source: PaxForex Premium Analytics Portal, Technical Insight The recent strengthening of the NZD led the NZD/CHF pair to go beyond the upper boundary of the 20-day SMA-based Bollinger Band. If a close inside occurs, it could mean that bullish momentum has weakened and a bearish trend could develop. NZD/CHF,D1 Pivot: 0.6566 Analysis: While the price is above 0.6431, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6566 Take Profit 1: 0.6679 Take Profit 2: 0.6753...
Source: PaxForex Premium Analytics Portal, Technical Insight Canada: new home prices up 0.4% MoM in September. NZD/CAD,D1 Pivot: 0.8847 Analysis: As long as price is above 0.8650 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8847 Take Profit 1: 0.8900 Take Profit 2: 0.8990 Alternative scenario: If the level of 0.8650 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.8650 Take profit 1: 0.8502 Take...
