Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD remains depressed below 0.6150, investors await key US CPI data this week. NZD/USD,D1 Pivot: 0.6123 Analysis: While the price is above 0.6000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6123 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...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD catches a ride on broad-market Greenback weakness. EUR/USD,D1 Pivot: 1.0743 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0743 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 appreciates to near 1.3700 as the Fed delays the expected timing of the rate cut. Pivot: 1.3690 Analysis: While the price is above 1.3600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3690 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...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD weakens below 0.6650 amid firmer US Dollar, stronger US PMI data. AUD/USD,D1 Pivot: 0.6639 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6639 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...
Source: PaxForex Premium Analytics Portal, Technical Insight UK Retail Sales, PMIs to close off the trading week with a bang. GBP/CHF,D1 Pivot: 1.12900 Analysis: While the price is above 1.1350, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1290 Take Profit 1: 1.1600 Take Profit 2: 1.1700 Alternative scenario: If the level of 1.1350 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1350...
