Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD drifts lower amid the emergence of some USD buying, holds above the 0.6100 mark. NZD/USD,D1 Pivot: 0.6126 Analysis: While the price is above 0.6000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6126 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....
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD drifts higher as Euro bolstered by recovering market sentiment. EUR/USD,D1 Pivot: 1.0731 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0731 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...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD steadily climbs back closer to mid-1.3700s, upside potential seems limited. Pivot: 1.3741 Analysis: While the price is above 1.3600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3741 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...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD posts modest gains above 0.6600 amid weak UoM Consumer Sentiment data. AUD/USD,D1 Pivot: 0.6603 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6603 Take Profit 1: 0.6800 Take Profit 2: 0.6900 Alternative scenario: In case level 0.6500 is broken-down, follow the recommendations below Time frame: D1 Recommendation: short ...
Source: PaxForex Premium Analytics Portal, Technical Insight UK’s economic recovery halts as factory and construction activities decline. GBP/CHF,D1 Pivot: 1.1378 Analysis: While the price is above 1.1350, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1378 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...
