Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD tumbles below 0.5850 as Trump plans new tariffs on China. NZD/USD,D1 Pivot: 0.5841 Analysis: While the price is below 0.6000, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5841 Take Profit 1: 0.5800 Take Profit 2: 0.5700 Alternative scenario: If level 0.6000 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6000 Take Profit 1: 0....
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD trades near 1.0500 with bearish bias due to risk-off mood. EUR/USD,D1 Pivot: 1.0477 Analysis: While the price is below 1.0600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0477 Take Profit 1: 1.0400 Take Profit 2: 1.0300 Alternative scenario: If level 1.0600 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0600 Take Profit 1: 1.0800...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD attracts some sellers below 1.3950 on a softer US Dollar. Pivot: 1.3946 Analysis: While the price is above 1.3800, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3946 Take Profit 1: 1.4100 Take Profit 2: 1.4200 Alternative scenario: If level 1.3800 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3800 Take Profit 1: 1.3700...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD gathers strength to near 0.6550 on weaker US Dollar. AUD/USD,D1 Pivot: 0.6469 Analysis: Provided that the currency pair is above 0.6450, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6518 Take Profit 1: 0.6700 Take Profit 2: 0.6800 Alternative scenario: In case level 0.6450 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6450...
Source: PaxForex Premium Analytics Portal, Technical Insight The UK GfK Consumer Confidence Index increased by 3 points to -18, representing its first improvement in three months. GBP/CHF,D1 Pivot: 1.1143 Analysis: While the price is below 1.1100, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1143 Take Profit 1: 1.1400 Take Profit 2: 1.1500 Alternative scenario: If the level of 1.1100 is broken-out, follow the recommendations below: Time frame: D1 Recommendation:...
