Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD: Bulls sustain control, intermittent dips may signal healthy corrections NZD/USD,D1 Pivot: 0.6101 Analysis: While the price is above 0.6000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6021 Take Profit 1: 0.6150 Take Profit 2: 0.6250 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 eased from 1.0880 on Monday as looming rate differential weighs. EUR/USD,D1 Pivot: 1.0860 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0860 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 Raphael Bostic, President of Atlanta Fed, speaks positively about inflation progression in April but declares the Fed is not prepared to lower the policy rate Pivot: 1.3609 Analysis: While the price is above 1.3600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3609 Take Profit 1: 1.3800 Take Profit 2: 1.3900 Alternative scenario: If level 1.3600 is broken-down, follow the recommendations below: Time...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD trades with mild positive bias near 0.6700, RBA Meeting Minutes eyed. AUD/USD,D1 Pivot: 0.6696 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6696 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 BoE's Greene: Inflation persistence has waned since I joined MPC last July. GBP/CHF,D1 Pivot: 1.1478 Analysis: While the price is above 1.1200, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1478 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 Entry point...
