Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY reclaims 184.00 on Tuesday as Yen gets yanked back down by dovish BoJ. Pivot: 181.35 Analysis: As long as the price is above 181.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 182.35 Take profit 1: 184.00 Take Profit 2: 185.50 Alternative scenario: If the level of 181.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short ...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD ticks lower after weaker Chinese PMIs, and remains below mid-0.5800s. NZD/USD,D1 Pivot: 0.5808 Analysis: While the price is below 0.5970, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5808 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...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD could now retest 1.0660 – UOB. 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: 1.0563 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 Entry point: 1.0500 Take Profit 1: 1.0450 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD loses ground above the mid-1.3800s, Canadian GDP, and PMI data eyed. Pivot: 1.3868 Analysis: While the price is above 1.3650, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3868 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...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD holds positive ground below the mid-0.6300s ahead of Australian Retail Sales. AUD/USD,D1 Pivot: 0.6333 Analysis: Provided that the currency pair is below 0.6500, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6333 Take Profit 1: 0.6250 Take Profit 2: 0.6150 Alternative scenario: In case level 0.6500 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long ...
