Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY rallies to near 183.00 as odds of BoJ’s stealth intervention fade. Pivot: 182.97 Analysis: As long as the price is above 181.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 182.97 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 looks to approach 0.6050 due to weaker US Dollar. NZD/USD,D1 Pivot: 0.6022 Analysis: While the price is above 0.5900, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6022 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 Take Profit 1: 0....
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD: Still scope for a move to 1.0630 – UOB. EUR/USD,D1 Pivot: 1.0568 Analysis: While the price is below 1.0600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0548 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....
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD: 1.3600 holds the key for bulls amid rallying Oil prices, reviving USD demand. Pivot: 1.3675 Analysis: While the price is above 1.3500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3675 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...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD drops toward 0.6300 after a bearish opening gap on the Middle East conflict. AUD/USD,D1 Pivot: 0.6351 Analysis: Provided that the currency pair is below 0.6500, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6351 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 ...
