Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD gains ground above 0.6100, eyes on Fed Powell’s testimony. NZD/USD,D1 Pivot: 0.6125 Analysis: While the price is above 0.6000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6125 Take Profit 1: 0.6250 Take Profit 2: 0.6350 Alternative scenario: If level 0.6000 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6000 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD trims gains and snaps seven-day win streak ahead of Fed policy update. EUR/USD,D1 Pivot: 1.0830 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0830 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...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD gyrates above 1.3600 after the US/Canada Employment release. Pivot: 1.3639 Analysis: While the price is above 1.3600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3639 Take Profit 1: 1.3800 Take Profit 2: 1.3900 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 The AUD/USD pair edges lower to 0.6745, snapping the four-day winning streak during the early Asian session on Monday. AUD/USD,D1 Pivot: 0.6747 Analysis: Provided that the currency pair is above 0.6600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6747 Take Profit 1: 0.6800 Take Profit 2: 0.6900 Alternative scenario: In case level 0.6600 is broken-down, follow the recommendations below Time...
Source: PaxForex Premium Analytics Portal, Technical Insight The Pound Sterling (GBP) trades on a stronger note after the exit poll suggested the Labour Party will win a landslide victory. GBP/CHF,D1 Pivot: 1.1480 Analysis: While the price is above 1.1200, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1480 Take Profit 1: 1.1500 Take Profit 2: 1.1600 Alternative scenario: If the level of 1.1200 is broken-down, follow the recommendations below: Time frame:...
