Source: PaxForex Premium Analytics Portal, Technical Insight RBNZ seeks to tighten mortgage lending rules ahead of rate decision. NZD/CHF,D1 Pivot: 0.6504 Analysis: While the price is above 0.6306, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6504 Take Profit 1: 0.6636 Take Profit 2: 0.6718 Alternative scenario: If the level 0.6306 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6306 Take profit 1:...
Source: PaxForex Premium Analytics Portal, Technical Insight National Bank of Canada analysts say GDP growth should accelerate to an acceptable level in the third quarter, supported by commodity prices and weakening health care measures. NZD/CAD,D1 Pivot: 0.8928 Analysis: As long as price is above 0.8679 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.8928 Take Profit 1: 0.9000 Take Profit 2: 0.9102 Alternative scenario: If the level of 0.8679 is broken-down, follow the...
Source: PaxForex Premium Analytics Portal, Technical Insight The EUR/JPY's recovery looks solid and the pair rose to 130.00 for the third consecutive day. EUR/JPY,D1 Pivot: 129.87 Analysis: While the price is above 128.33, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 129.87 Take Profit 1: 130.50 Take Profit 2: 132.86 Alternative scenario: If the level 128.33 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry...
Source: PaxForex Premium Analytics Portal, Technical Insight The British pound struggled again on Tuesday as it continues to dodge a break above the 151.50 area. GBP/JPY,D1 Pivot: 151.27 Analysis: As long as price is above 149.01 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 151.27 Take Profit 1: 151.99 Take Profit 2: 154.82 Alternative scenario: If the level of 149.01 is broken-down, follow the recommendations below: Time frame: D1 Recommendation...
Source: PaxForex Premium Analytics Portal, Technical Insight The NZD/USD is consolidating near 0.7000 on Monday holding on to gains made on Friday. NZD/USD,D1 Pivot: 0.7000 Analysis: While the price is below 0.7035, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7000 Take Profit 1: 0.6900 Take Profit 2: 0.6800 Alternative scenario: If the level 0.7035 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7035...
