Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD softens below 0.6000 as RBNZ says economic downturn could get worse. NZD/USD,D1 Pivot: 0.5981 Analysis: While the price is above 0.6200, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5981 Take Profit 1: 0.5900 Take Profit 2: 0.5800 Alternative scenario: If level 0.6200 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6200 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD posts modest gains above 1.0850, all eyes on the US presidential election results. EUR/USD,D1 Pivot: 1.0878 Analysis: While the price is below 1.1000, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0878 Take Profit 1: 1.0800 Take Profit 2: 1.0700 Alternative scenario: If level 1.1000 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1000...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD falls to near 1.3900 amid higher crude Oil prices, US election in focus. Pivot: 1.3911 Analysis: While the price is above 1.3800, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3911 Take Profit 1: 1.4000 Take Profit 2: 1.4100 Alternative scenario: If level 1.3800 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3800 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD gathers strength to near 0.6600 on weaker US Dollar. AUD/USD,D1 Pivot: 0.6591 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6591 Take Profit 1: 0.6700 Take Profit 2: 0.6800 Alternative scenario: In case level 0.6500 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6500...
Source: PaxForex Premium Analytics Portal, Technical Insight The UK Autumn Forecast Statement weighs on the GBP. GBP/CHF,D1 Pivot: 1.1136 Analysis: While the price is below 1.1100, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1136 Take Profit 1: 1.1300 Take Profit 2: 1.1400 Alternative scenario: If the level of 1.1100 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1100 Take profit 1: 1.1000 Take...
