Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY snaps two-day winning streak around 185.30 amid the cautious mood, BoJ intervention fear. Pivot: 185.30 Analysis: As long as the price is above 184.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 185.30 Take profit 1: 187.00 Take Profit 2: 189.00 Alternative scenario: If the level of 184.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD continues the losing streak, falling below 0.5900. NZD/USD,D1 Pivot: 0.5880 Analysis: While the price is below 0.6000, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5880 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: 0.6000 Take Profit 1: 0....
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD prods 1.0780 key support with eyes on ECB’s Lagarde, Eurozone PPI and US data. EUR/USD,D1 Pivot: 1.0761 Analysis: While the price is below 1.0950, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0761 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 position Entry...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD remains on the defensive below 1.3600, and the setup favours bullish traders. Pivot: 1.3587 Analysis: While the price is above 1.3400, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3587 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...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD is now seen trading within a range-bound theme – UOB. AUD/USD,D1 Pivot: 0.6470 Analysis: Provided that the currency pair is below 0.6600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6470 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 Entry...
