Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD: a decline in the delta strain and rising yields will help the kiwi - ANZ. NZD/USD,D1 Pivot: 0.7132 Analysis: While the price is above 0.6980, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7132 Take Profit 1: 0.7200 Take Profit 2: 0.7290 Alternative scenario: If the level 0.6980 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6980...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD: additional growth above 1.1900 is possible. EUR/USD,D1 Pivot: 1.1868 Analysis: While the price is above 1.1735, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1868 Take Profit 1: 1.1980 Take Profit 2: 1.2060 Alternative scenario: If the level 1.1735 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1735 Take Profit 1: 1.1660 Take...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss Unemployment Rate for August was reported at 2.7% and the Seasonally Adjusted Unemployment Rate at 2.9%. Economists predicted a rate of 2.8% and 3.0%. Forex traders can compare this to the Swiss Unemployment Rate for July, reported at 2.8%, and the Seasonally Adjusted Unemployment Rate, reported at 3.0%. German Industrial Production for July increased 1.0% monthly. Economists predicted an increase of 0.9%. Forex traders can compare this to German...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD dropped to new multi-week lows below 1.2500. USD/CAD,D1 Pivot: 1.2520 Analysis: While the price is above 1.2420, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2520 Take Profit 1: 1.2690 Take Profit 2: 1.2810 Alternative scenario: If the level 1.2420 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2420 Take Profit 1: 1.2250 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD will decline from the resistance at 0.7486- Commerzbank. AUD/USD,D1 Pivot: 0.7456 Analysis: Provided that the currency pair is traded above 0.7220, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7456 Take Profit 1: 0.7530 Take Profit 2: 0.7680 Alternative scenario: In case of break-down of the level 0.7220, follow the recommendations below: Time frame: D1 Recommendation: short position...
