Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY struggles at 183.00 and dives to the top of Ichimoku Cloud. Pivot: 182.94 Analysis: As long as the price is below 186.00 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 182.94 Take profit 1: 181.00 Take Profit 2: 179.50 Alternative scenario: If the level of 186.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 186.00 Take profit...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD holds positive ground above 0.6100, eyes on US CPI data. NZD/USD,D1 Pivot: 0.6158 Analysis: While the price is above 0.6050, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6158 Take Profit 1: 0.6250 Take Profit 2: 0.6350 Alternative scenario: If level 0.6050 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6050 Take Profit 1...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD consolidates around 1.0765-70 area/100-day SMA, US CPI awaited. EUR/USD,D1 Pivot: 1.0776 Analysis: While the price is above 1.0755, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0776 Take Profit 1: 1.1040 Take Profit 2: 1.1180 Alternative scenario: If level 1.0755 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0755 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD moves upward near 1.3600, focus on US CPI, Fed policy decision. Pivot: 1.3592 Analysis: While the price is below 1.3650, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3592 Take Profit 1: 1.3500 Take Profit 2: 1.3400 Alternative scenario: If level 1.3650 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3650 Take Profit 1: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD remains capped below the 0.6600 barrier ahead of the RBA’s Bullock speech, US CPI data. AUD/USD,D1 Pivot: 0.6562 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6562 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...
