Source: PaxForex Premium Analytics Portal, Technical Insight RBNZ: The policy is normalizing in the medium term. NZD/USD,D1 Pivot: 0.7063 Analysis: While the price is below 0.7160, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.7063 Take Profit 1: 0.6920 Take Profit 2: 0.6800 Alternative scenario: If the level 0.7160 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.7161 Take Profit 1: 0.7240 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight The USD/CAD traded above 1.2300 during the first half of the European session, though there were not any serious purchases. USD/CAD,D1 Pivot: 1.2299 Analysis: Provided that the currency pair is traded above 1.2180, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2299 Take Profit 1: 1.2480 Take Profit 2: 1.2630 Alternative scenario: In case of breakdown of the level 1.2180, follow the recommendations...
Source: PaxForex Premium Analytics Portal, Technical Insight GBP/USD is in a sideways trend at 1.3820-1.4020 - UOB Group. GBP/USD,D1 Pivot: 1.3883 Analysis: While the price is below 1.4075, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3883 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...
Source: PaxForex Premium Analytics Portal, Technical Insight ECB head Lagarde: the underlying price pressure remains reduced. EUR/USD,D1 Pivot: 1.1938 Analysis: While the price is below 1.2020, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1938 Take Profit 1: 1.1845 Take Profit 2: 1.1775 Alternative scenario: If the level 1.2020 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2020 Take Profit 1: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight The NZD/USD continued its 4th consecutive day of gains on Thursday and touched a high for the week at 0.7074. NZD/USD,D1 Pivot: 0.6975 Analysis: While the price is below 0.7161, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6975 Take Profit 1: 0.6701 Take Profit 2: 0.6571 Alternative scenario: If the level 0.7161 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long...
