Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD extends downside below 0.6100, all eyes on Fed’s Powell speech. NZD/USD,D1 Pivot: 0.6074 Analysis: While the price is above 0.6000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6074 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 halts its three-day winning streak, trading around 1.0730. EUR/USD,D1 Pivot: 1.0738 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0738 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...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD even after the release of Canadian GDP and US PCE data. Pivot: 1.3669 Analysis: While the price is above 1.3600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3669 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 AUD/USD extends gains above 0.6650 on softer US PCE data. AUD/USD,D1 Pivot: 0.6676 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6676 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 point: 0....
Source: PaxForex Premium Analytics Portal, Technical Insight The uncertainty over the UK elections outcome keeps the Pound Sterling on its toes. GBP/CHF,D1 Pivot: 1.1365 Analysis: While the price is above 1.1200, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1365 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: D1 Recommendation: short position...
