Source: PaxForex Premium Analytics Portal, Technical Insight FOMC to begin tapering in December or even November - Goldman Sachs. NZD/USD,D1 Pivot: 0.7086 Analysis: While the price is above 0.6890, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7086 Take Profit 1: 0.7343 Take Profit 2: 0.7463 Alternative scenario: If the level 0.6890 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6890 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight The USD/CAD gained momentum amid a general strengthening of the US dollar across the whole market ahead of the FOMC minutes release and reached the highest values since April around 1.2518. USD/CAD,D1 Pivot: 1.2501 Analysis: Provided that the currency pair is traded above 1.2250, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2501 Take Profit 1: 1.2650 Take Profit 2: 1.2740 Alternative scenario: In case...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD: commodity currencies are strengthening after NFP. NZD/USD,D1 Pivot: 0.7086 Analysis: While the price is above 0.6890, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7086 Take Profit 1: 0.7343 Take Profit 2: 0.7463 Alternative scenario: If the level 0.6890 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6890 Take Profit 1: 0....
Source: PaxForex Premium Analytics Portal, Technical Insight The USD/CAD rose to a 2-month high near 1.2500. USD/CAD,D1 Pivot: 1.2330 Analysis: Provided that the currency pair is traded above 1.2180, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2330 Take Profit 1: 1.2630 Take Profit 2: 1.2740 Alternative scenario: In case of breakdown of the level 1.2180, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2180...
Source: PaxForex Premium Analytics Portal, Technical Insight GBP/USD is stuck in a range - UOB Group. GBP/USD,D1 Pivot: 1.3830 Analysis: While the price is below 1.4075, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3830 Take Profit 1: 1.3670 Take Profit 2: 1.3500 Alternative scenario: If the level 1.4075 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4075 Take Profit 1: 1.4240 Take Profit 2: 1.4380...
