Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY consolidates its gain above the 184.80 mark ahead of UK CPI. Pivot: 185.04 Analysis: As long as the price is above 183.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 185.04 Take profit 1: 186.00 Take Profit 2: 187.00 Alternative scenario: If the level of 183.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 183.00 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD recovers some lost ground near 0.5980 following Chinese data. NZD/USD,D1 Pivot: 0.5979 Analysis: While the price is above 0.6120, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5979 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: 0.6120 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight Euro bears keep reins below 1.0980 despite corrective bounce ahead of US Retail Sales. EUR/USD,D1 Pivot: 1.0920 Analysis: While the price is below 1.1100, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0920 Take Profit 1: 1.0850 Take Profit 2: 1.0750 Alternative scenario: If level 1.1100 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD holds ground near the 1.3440 mark, eyes on Canadian CPI, and US Retail Sales. Pivot: 1.3438 Analysis: While the price is below 1.3475, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3438 Take Profit 1: 1.3075 Take Profit 2: 1.2900 Alternative scenario: If level 1.3475 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3475 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD floats above 0.6480 support ahead of Australia wage growth, RBA/FOMC Minutes. AUD/USD,D1 Pivot: 0.6497 Analysis: Provided that the currency pair is below 0.6600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6497 Take Profit 1: 0.6450 Take Profit 2: 0.6350 Alternative scenario: In case level 0.6600 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long ...
