Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY bulls struggle below 185.00 on downbeat UK inflation clues, Japan employment data. Pivot: 184.54 Analysis: As long as the price is above 184.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 184.54 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 Entry point...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD treads waters to continue winning streak, trades above 0.5900, focus on US data. NZD/USD,D1 Pivot: 0.5919 Analysis: While the price is below 0.6120, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5919 Take Profit 1: 0.5900 Take Profit 2: 0.5800 Alternative scenario: If level 0.6120 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD sticks to modest gains below mid-1.0800s, upside potential seems limited. EUR/USD,D1 Pivot: 1.0823 Analysis: While the price is below 1.1100, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0823 Take Profit 1: 1.0750 Take Profit 2: 1.0650 Alternative scenario: If level 1.1100 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD steadies at multi-day top near 1.3600 on softer Oil price, US Dollar’s retreat ahead of US/Canada data. Pivot: 1.3587 Analysis: While the price is above 1.3300, 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 1.3300 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short ...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD sticks to intraday gains around the 0.6425-30 area, upside potential seems limited. AUD/USD,D1 Pivot: 0.6423 Analysis: Provided that the currency pair is below 0.6600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6423 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...
