Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD edges lower to near 0.6100, awaits US ISM Services PMI data. NZD/USD,D1 Pivot: 0.6093 Analysis: While the price is above 0.6000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6093 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...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD drifts into the topside resistance zone with rate cut bets pinned. EUR/USD,D1 Pivot: 1.0856 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0856 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...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD improves to near 1.3560 despite higher Crude oil prices, BoC policy decision eyed. Pivot: 1.3564 Analysis: While the price is above 1.3400, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3564 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 loses ground above 0.6500 ahead of Australian Building Permits data. AUD/USD,D1 Pivot: 0.6520 Analysis: Provided that the currency pair is below 0.6600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6520 Take Profit 1: 0.6400 Take Profit 2: 0.6300 Alternative scenario: In case level 0.6600 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long ...
Source: PaxForex Premium Analytics Portal, Technical Insight UK: Fiscal giveaways in pre-election budget could provide fresh impetus for a stronger Pound – MUFG. GBP/CHF,D1 Pivot: 1.1178 Analysis: While the price is above 1.0850, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1178 Take Profit 1: 1.1200 Take Profit 2: 1.1300 Alternative scenario: If the level of 1.0850 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short...
