Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD consolidates its gains near 0.6200 amid weaker US PMI data NZD/USD,D1 Pivot: 0.6188 Analysis: While the price is above 0.6000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6188 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 Profit 1: 0...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD stands tall near its highest level since March, just above the 1.0900 mark. EUR/USD,D1 Pivot: 1.0904 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0904 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 point: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD remains on backfoot after steady US PCE Inflation and Canada’s weak GDP. Pivot: 1.3632 Analysis: While the price is above 1.3600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3632 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 extends its upside above 0.6650 on the softer US Dollar, investors await Australian GDP data. AUD/USD,D1 Pivot: 0.6643 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6643 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...
Source: PaxForex Premium Analytics Portal, Technical Insight The UK election outcome could have consequences for the UK economy, the Bank of England policy, and the Pound Sterling valuation. GBP/CHF,D1 Pivot: 1.1505 Analysis: While the price is above 1.1500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1505 Take Profit 1: 1.1700 Take Profit 2: 1.1800 Alternative scenario: If the level of 1.1500 is broken-down, follow the recommendations below: Time frame: D1...
