Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD drops below 0.6170 amid escalating geopolitical tensions, firmer US Dollar. NZD/USD,D1 Pivot: 0.6170 Analysis: While the price is above 0.6100, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6170 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....
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD edges lower to near 1.0910, MACD suggests a trend change to bearish. EUR/USD,D1 Pivot: 1.0920 Analysis: While the price is above 1.0800, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0920 Take Profit 1: 1.1040 Take Profit 2: 1.1180 Alternative scenario: If level 1.0800 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0800...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD: Corrective gains to the mid-1.35s remain likely in the next few weeks – Scotiabank. Pivot: 1.3394 Analysis: While the price is below 1.3600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3394 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:...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD sees a slight uptick amid geopolitical tensions and mixed US data. AUD/USD,D1 Pivot: 0.6686 Analysis: Provided that the currency pair is above 0.6600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6686 Take Profit 1: 0.6800 Take Profit 2: 0.6900 Alternative scenario: In case level 0.6600 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short ...
Source: PaxForex Premium Analytics Portal, Technical Insight UK GDP rebounds 0.3% MoM in November vs. 0.2% expected. GBP/CHF,D1 Pivot: 1.0880 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0880 Take Profit 1: 1.0900 Take Profit 2: 1.1000 Alternative scenario: If the level of 1.0700 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0700 Take profit 1:...
