Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD hangs near weekly low, looks to US data ahead of RBNZ on Wednesday. NZD/USD,D1 Pivot: 0.6169 Analysis: While the price is above 0.6000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6169 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...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD hovers around the major level of 1.0850. EUR/USD,D1 Pivot: 1.0859 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0859 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 attracts some buyers above the 1.3500 mark on the firmer US Dollar, decline in oil price. Pivot: 1.3510 Analysis: While the price is above 1.3400, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3510 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...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD gains ground above the mid-0.6500s, investors await Australian CPI data. AUD/USD,D1 Pivot: 0.6554 Analysis: Provided that the currency pair is below 0.6600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6554 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 PMIs to keep the Pound somewhat supported – Commerzbank. Pivot: 1.7074 Analysis: While the price is above 1.6900, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.7074 Take Profit 1: 1.7200 Take Profit 2: 1.7300 Alternative scenario: If level 1.6900 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.6900 Take profit 1: 1.6800...
