Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD trims losses below 0.5900, investors await Fed rate decision. NZD/USD,D1 Pivot: 0.5890 Analysis: While the price is above 0.6000, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5890 Take Profit 1: 0.5800 Take Profit 2: 0.5700 Alternative scenario: If level 0.6000 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6000 Take Profit 1...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD explores further downside ahead of EU GDP prints. EUR/USD,D1 Pivot: 1.0821 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0821 Take Profit 1: 1.0900 Take Profit 2: 1.1000 Alternative scenario: If level 1.0700 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0700 Take Profit 1: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD depreciates to near 1.3800 due to higher crude Oil prices. Pivot: 1.3822 Analysis: While the price is above 1.3600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3822 Take Profit 1: 1.3900 Take Profit 2: 1.4000 Alternative scenario: If level 1.3600 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3600 Take Profit 1: 1.3500...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD rebounds above 0.6550 ahead of Australian Retail Sales. AUD/USD,D1 Pivot: 0.6553 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6553 Take Profit 1: 0.6700 Take Profit 2: 0.6800 Alternative scenario: In case level 0.6500 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry...
Source: PaxForex Premium Analytics Portal, Technical Insight The BoE is expected to cut rates for the first time in more than four years at its policy meeting next week. GBP/CHF,D1 Pivot: 1.1339 Analysis: While the price is above 1.1400, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1399 Take Profit 1: 1.1200 Take Profit 2: 1.1100 Alternative scenario: If the level of 1.1400 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: long...
