Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD remains on the defensive around the mid-0.6000s amid strong US Dollar and higher bond yields. NZD/USD,D1 Pivot: 0.6074 Analysis: While the price is above 0.6000, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6074 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 ...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD inches higher to near 1.0750, Eurozone Retail Sales eyed. EUR/USD,D1 Pivot: 1.0759 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0759 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...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD advances to over a one-week high on bullish USD and remains below the 1.3500 mark. Pivot: 1.3471 Analysis: While the price is below 1.3600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3471 Take Profit 1: 1.3200 Take Profit 2: 1.3100 Alternative scenario: If level 1.3600 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3600...
Source: PaxForex Premium Analytics Portal, Technical Insight The Australian Dollar is under selling pressure on Monday, influenced by robust job data from the United States. AUD/USD,D1 Pivot: 0.6512 Analysis: Provided that the currency pair is below 0.6600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6512 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:...
Source: PaxForex Premium Analytics Portal, Technical Insight Bank of England signals cuts are coming, just not as soon as markets would like. GBP/CHF,D1 Pivot: 1.10931 Analysis: While the price is above 1.0850, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0931 Take Profit 1: 1.1100 Take Profit 2: 1.1200 Alternative scenario: If the level of 1.0850 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry...
