Source: PaxForex Premium Analytics Portal, Technical Insight The GBP/JPY kicked off Tuesday trading near 182.66 before seeing a plunge lower, just missing the 181.00 handle before a quick snap rebound sent the pair into a fresh high for the day at 182.80. Pivot: 182.60 Analysis: As long as the price is above 181.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 182.60 Take profit 1: 184.00 Take Profit 2: 185.50 Alternative scenario: If the level of 181.00 is broken-...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD sticks to softer New Zealand CPI-inspired losses around 0.5900 mark. NZD/USD,D1 Pivot: 0.5910 Analysis: While the price is above 0.5900, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.5910 Take Profit 1: 0.6050 Take Profit 2: 0.6150 Alternative scenario: If level 0.5900 is broken-down, follow the recommendations below Time frame: D1 Recommendation: short position Entry point: 0.5900...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD Price Analysis: Retraces the recent gains near 1.0550 ahead of ZEW Survey. EUR/USD,D1 Pivot: 1.0538 Analysis: While the price is below 1.0600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0538 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...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD: 1.3600 confluence holds the key for bulls, Israel-Hamas conflict in focus. Pivot: 1.3632 Analysis: While the price is above 1.3500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3632 Take Profit 1: 1.3800 Take Profit 2: 1.3900 Alternative scenario: If level 1.3500 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3500 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD remains on the defensive above the 0.6300 mark amid geopolitical tensions. AUD/USD,D1 Pivot: 0.6328 Analysis: Provided that the currency pair is below 0.6500, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6328 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 ...
