Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD attracts some buyers above 0.6130, US Consumer Confidence looms NZD/USD,D1 Pivot: 0.6144 Analysis: While the price is above 0.6100, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6144 Take Profit 1: 0.6350 Take Profit 2: 0.6450 Alternative scenario: If level 0.6100 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6200 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD recovers some lost ground above 1.0840, focus on German, Eurozone GDP data.EUR/USD lacks any firm near-term direction and oscillates in a range below 1.0900. EUR/USD,D1 Pivot: 1.0815 Analysis: While the price is above 1.0800, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0815 Take Profit 1: 1.1040 Take Profit 2: 1.1180 Alternative scenario: If level 1.0800 is broken-down, follow the...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD improves to near 1.3450 as risk-off mood spurs on Middle East tension. Pivot: 1.3476 Analysis: While the price is below 1.3600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3476 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 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD remains capped under 0.6600, eyes on Australian Retail Sales. AUD/USD,D1 Pivot: 0.6578 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6578 Take Profit 1: 0.6800 Take Profit 2: 0.6900 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 Pound Sterling should benefit in a more sustainable way if the PMIs continue to perform so well – Commerzbank. GBP/CHF,D1 Pivot: 1.1013 Analysis: While the price is above 1.0850, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1013 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...
