Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD bears assert their dominance, eyes on a possible short-term momentum shift. NZD/USD,D1 Pivot: 0.6050 Analysis: While the price is above 0.6000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6050 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:...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD keeps the bearish vibe above 1.0870. EUR/USD,D1 Pivot: 1.0862 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0862 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: 1.0600 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD inches higher to near 1.3540, focus on Canadian CPI, Fed policy. Pivot: 1.3540 Analysis: While the price is above 1.3400, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3540 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 Take Profit 1: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD remains on the defensive above the mid-0.6500s, all eyes on RBA, Fed rate decision. AUD/USD,D1 Pivot: 0.6555 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6555 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:...
Source: PaxForex Premium Analytics Portal, Technical Insight The Pound Sterling drops as hot US PPI data dampens appeal for risk-sensitive assets. GBP/CHF,D1 Pivot: 1.1272 Analysis: While the price is above 1.1050, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1272 Take Profit 1: 1.1300 Take Profit 2: 1.1400 Alternative scenario: If the level of 1.1050 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry...
