Source: PaxForex Premium Analytics Portal, Technical Insight GBP/USD pushed back from 1.3845 and returned to 1.3880. GBP/USD,D1 Pivot: 1.3926 Analysis: While the price is below 1.3960, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3926 Take Profit 1: 1.3540 Take Profit 2: 1.3430 Alternative scenario: If the level 1.3960 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3960 Take Profit 1: 1.4090 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB, De Kos: we will consider a flexible bond buying program after the pandemic. EUR/USD,D1 Pivot: 1.1850 Analysis: While the price is below 1.1980, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1850 Take Profit 1: 1.1700 Take Profit 2: 1.1600 Alternative scenario: If the level 1.1980 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1980 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight The NZD/USD is recovering from the 6-day lows. NZD/USD,D1 Pivot: 0.6960 Analysis: While the price is below 0.7120, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6960 Take Profit 1: 0.6800 Take Profit 2: 0.6680 Alternative scenario: If the level 0.7120 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7120 Take Profit 1: 0.7240 Take Profit 2:...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD is consolidating under 1.2600. USD/CAD,D1 Pivot: 1.2571 Analysis: Provided that the currency pair is traded above 1.2380, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2571 Take Profit 1: 1.2750 Take Profit 2: 1.2880 Alternative scenario: In case of breakdown of the level 1.2380, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2380 Take Profit 1: 1...
Source: PaxForex Premium Analytics Portal, Technical Insight GBP/USD is rising to weekly highs near 1.3835. GBP/USD,D1 Pivot: 1.3750 Analysis: While the price is below 1.3960, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3750 Take Profit 1: 1.3540 Take Profit 2: 1.3430 Alternative scenario: If the level 1.3960 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3960 Take Profit 1: 1.4090 Take Profit 2:...
