Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY trading steady near 180.00 after sinking nearly 300 pips, BoJ intervention rumored.. Pivot: 180.00 Analysis: As long as the price is below 183.00 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 180.00 Take profit 1: 179.40 Take Profit 2: 178.00 Alternative scenario: If the level of 183.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD extends its downside below the mid-0.5900s, investors await the RBNZ rate decision. NZD/USD,D1 Pivot: 0.5917 Analysis: While the price is below 0.6000, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5917 Take Profit 1: 0.5800 Take Profit 2: 0.5700 Alternative scenario: If level 0.6000 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD risks a drop below 1.0400 – UOB. EUR/USD,D1 Pivot: 1.0473 Analysis: While the price is below 1.0600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0473 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...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD extends gains around 1.3580, US, Canada PMI data eyed Pivot: 1.3575 Analysis: While the price is above 1.3400, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3575 Take Profit 1: 1.3670 Take Profit 2: 1.3800 Alternative scenario: If level 1.3400 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3400 Take Profit 1: 1.3300...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD remains flat below 0.6450, eyes on US PMI ahead of RBA rate decision. AUD/USD,D1 Pivot: 0.6427 Analysis: Provided that the currency pair is below 0.6600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6427 Take Profit 1: 0.6350 Take Profit 2: 0.6250 Alternative scenario: In case level 0.6600 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position...
