Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY struggles below 183.00 as UK recession fears jostle with dicey yields, BoJ vs. BoE bias. GBP/JPY,D Pivot: 182.69 Analysis: As long as the price is above 180.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 182.69 Take profit 1: 184.50 Take Profit 2: 186.00 Alternative scenario: If the level of 180.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD keeps the red below 0.6100 on stronger USD, and reacts little to Chinese trade data. NZD/USD,D1 Pivot: 0.6069 Analysis: While the price is above 0.6120, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6069 Take Profit 1: 0.6050 Take Profit 2: 0.6000 Alternative scenario: If level 0.6120 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD struggles to regain the 1.1000 barrier, EU/US inflation data eyed. EUR/USD,D1 Pivot: 1.0990 Analysis: While the price is below 1.1100, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0990 Take Profit 1: 1.0900 Take Profit 2: 1.0800 Alternative scenario: If level 1.1100 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1100 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD edges higher towards 1.3400 as US Dollar recovers ahead of US inflation, Oil price eases. Pivot: 1.3379 Analysis: While the price is below 1.3475, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3379 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....
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD posts modest gains around the 0.6570 mark, Australia/US inflation eyed. AUD/USD,D1 Pivot: 0.6572 Analysis: rovided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6572 Take Profit 1: 0.6700 Take Profit 2: 0.6800 Alternative scenario: In case level 0.6500 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short ...
