Source: PaxForex Premium Analytics Portal, Technical Insight The NZD/USD remains under pressure near 0.6900. NZD/USD,D1 Pivot: 0.6911 Analysis: While the price is below 0.7120, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6911 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...
Source: PaxForex Premium Analytics Portal, Technical Insight The USD/CAD made a new daily low at 1.2650 after it failed to develop a moderate intraday rally earlier. USD/CAD,D1 Pivot: 1.2722 Analysis: Provided that the currency pair is traded above 1.2380, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2722 Take Profit 1: 1.2880 Take Profit 2: 1.3030 Alternative scenario: In case of breakdown of the level 1.2380, follow the recommendations below: Time frame:...
Source: PaxForex Premium Analytics Portal, Technical Insight GBP/USD extended its decline amid looming concerns about the Delta variant. GBP/USD,D1 Pivot: 1.3615 Analysis: While the price is below 1.3960, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3615 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...
Source: PaxForex Premium Analytics Portal, Technical Insight The EUR/USD remains under pressure. EUR/USD,D1 Pivot: 1.1812 Analysis: While the price is below 1.1950, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1812 Take Profit 1: 1.1700 Take Profit 2: 1.1600 Alternative scenario: If the level 1.1950 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1950 Take Profit 1: 1.2050 Take Profit 2: 1.2095...
Source: PaxForex Premium Analytics Portal, Technical Insight RBNZ stays firm on rates, stops QE - UOB. NZD/USD,D1 Pivot: 0.6997 Analysis: While the price is below 0.7120, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6997 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...
