Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD struggles near YTD low, not out of the wood yet amid sustained USD buying. NZD/USD,D1 Pivot: 0.5945 Analysis: While the price is below 0.6050, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5945 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....
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD attracts some sellers near 1.0730, eyes on Fedspeaks. EUR/USD,D1 Pivot: 1.0727 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0727 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: 1...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD remains depressed amid bullish Oil prices, manages to hold above the 1.3500 mark. Pivot: 1.3530 Analysis: While the price is above 1.3400, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3530 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 The AUD/USD kicks off the new week on a positive note around 0.6520. AUD/USD,D1 Pivot: 0.6518 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6518 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 UK’s soft inflation data for February has lifted expectations for BoE rate cuts in June. GBP/CHF,D1 Pivot: 1.1387 Analysis: While the price is above 1.1200, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1387 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 ...
