Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY falling back to 183.00 as markets await BoE, Japan Trade Balance. Pivot: 183.10 Analysis: As long as the price is below 184.00 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 183.10 Take profit 1: 182.00 Take Profit 2: 180.60 Alternative scenario: If the level of 184.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 184.00 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD sticks to modest gains below mid-0.5900, Fed rate decision, New Zealand GDP eyed NZD/USD,D1 Pivot: 0.5912 Analysis: While the price is below 0.6000, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5912 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 point...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD risk extra losses below 1.0630, according to UOB Group. EUR/USD,D1 Pivot: 1.6838 Analysis: While the price is below 1.0860, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.6838 Take Profit 1: 1.0650 Take Profit 2: 1.0550 Alternative scenario: If level 1.0860 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0860 Take Profit 1:...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD holds steady above 1.3500, bullish Oil prices continue to act as a headwind. Pivot: 1.3511 Analysis: While the price is above 1.3400, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3511 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...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD retreats amid resilient US economy as the soft landing scenario gains traction. AUD/USD,D1 Pivot: 0.6443 Analysis: Provided that the currency pair is below 0.6600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6443 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 ...
