Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY retreats from two-month highs, and drops below 185.00. Pivot: 184.97 Analysis: As long as the price is above 183.60 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 184.97 Take profit 1: 185.50 Take Profit 2: 186.80 Alternative scenario: If the level of 183.60 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 183.60 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD moves near 0.5950 amid US Dollar rebound, China data eyed. NZD/USD,D1 Pivot: 0.5927 Analysis: While the price is below 0.5970, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5927 Take Profit 1: 0.5770 Take Profit 2: 0.5700 Alternative scenario: If level 0.5900 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.5900 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD consolidates in a range above 1.0700 and remains close to the multi-week top set on Monday. EUR/USD,D1 Pivot: 1.0563 Analysis: While the price is above 1.0500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0706 Take Profit 1: 1.0730 Take Profit 2: 1.0830 Alternative scenario: If level 1.0500 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD looks to continue the losing streak, hovering near 1.3650. Pivot: 1.3653 Analysis: While the price is above 1.3650, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3653 Take Profit 1: 1.3900 Take Profit 2: 1.4000 Alternative scenario: If level 1.3650 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3650 Take Profit 1: 1.3570...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD moves upward toward a three-month high near 0.6520, RBA decision eyed. AUD/USD,D1 Pivot: 0.6507 Analysis: Provided that the currency pair is above 0.6400, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6507 Take Profit 1: 0.6600 Take Profit 2: 0.6700 Alternative scenario: In case level 0.6400 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: long ...
