Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD weakens below 0.6150, investors await the US CPI and Fed rate decision. 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: 0.6000...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD looks for balance after off-kilter wobble, US CPI and Fed projections loom ahead. EUR/USD,D1 Pivot: 1.0767 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0767 Take Profit 1: 1.1000 Take Profit 2: 1.1100 Alternative scenario: If level 1.0700 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD holds steady above mid-1.3700s, near its highest level since early May. Pivot: 1.3763 Analysis: While the price is above 1.3600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3763 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 remains under pressure below 0.6600 on renewed US Dollar demand AUD/USD,D1 Pivot: 0.6577 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6577 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 position...
Source: PaxForex Premium Analytics Portal, Technical Insight Investors expect the BoE to deliver two rate cuts this year. GBP/CHF,D1 Pivot: 1.1373 Analysis: While the price is above 1.1350, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1373 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 Take...