Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY holds gains around 184.00, focus on the UK GDP release. Pivot: 183.30 Analysis: As long as the price is below 184.00 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 183.30 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 profit 1:...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD drops to the 0.5900 mark, US soft landing concern ahead of the US CPI data. NZD/USD,D1 Pivot: 0.5914 Analysis: While the price is below 0.6000, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5914 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: 0....
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD: Another lurch lower for the ZEW could break out the tentative bounce to 1.0750 – SocGen. EUR/USD,D1 Pivot: 1.0732 Analysis: While the price is below 1.0950, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0732 Take Profit 1: 1.0650 Take Profit 2: 1.0550 Alternative scenario: If level 1.0950 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long ...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD loses momentum near the 1.3600 area, the next contention is seen at 1.3575. Pivot: 1.3593 Analysis: While the price is above 1.3400, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3593 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 advances above the 0.6420 mark amid the weaker USD, US soft landing hope. AUD/USD,D1 Pivot: 0.6439 Analysis: Provided that the currency pair is below 0.6600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6439 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 ...
