Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD: Bearish sentiment dominates, short-term bullish swing possible. NZD/USD,D1 Pivot: 0.6040 Analysis: While the price is below 0.6050, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6040 Take Profit 1: 0.5900 Take Profit 2: 0.5800 Alternative scenario: If level 0.6050 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6050 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD holds above 1.0860, eyes on US CPI, ECB rate decision. EUR/USD,D1 Pivot: 1.0857 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0857 Take Profit 1: 1.1040 Take Profit 2: 1.1180 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:...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD refreshes four-month high near 1.3640 on solid US NFP, weak Canadian Employment. Pivot: 1.3598 Analysis: While the price is above 1.3400, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3598 Take Profit 1: 1.3750 Take Profit 2: 1.3900 Alternative scenario: If level 1.3400 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3400...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD begins the week with extending losses, trades around 0.6560. AUD/USD,D1 Pivot: 0.6578 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6578 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 The UK’s Manufacturing PMI surprisingly expanded in March after contracting for 20 straight months, driven by robust domestic demand. GBP/CHF,D1 Pivot: 1.1390 Analysis: While the price is above 1.1200, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1390 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...
