Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY gains ground as BoJ's credibility wanes. GBP/JPY,D1 Pivot: 183.13 Analysis: As long as the price is above 180.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 183.13 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 position Entry point: 180.00 Take profit 1:...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD rises above 0.6200 ahead of US employment data. NZD/USD,D1 Pivot: 0.6213 Analysis: While the price is above 0.6120, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6213 Take Profit 1: 0.6250 Take Profit 2: 0.6340 Alternative scenario: If level 0.6120 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6120 Take Profit 1: 0.6050...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD retreats from daily highs, stays above 1.1000. EUR/USD,D1 Pivot: 1.0999 Analysis: While the price is below 1.1100, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0999 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 Profit 1: 1.1150...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD consolidates near a three-week high, around mid-1.3200s. Pivot: 1.3230 Analysis: While the price is below 1.3475, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3230 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 Profit 1: 1.3670 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD recovery approaches 0.6700 on stimulus hopes, ignores mixed China PMI, Aussie inflation clues. AUD/USD,D1 Pivot: 0.6699 Analysis: Provided that the currency pair is above 0.6600, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6699 Take Profit 1: 0.6800 Take Profit 2: 0.6900 Alternative scenario: In case level 0.6600 is broken-down, follow the recommendations below: Time frame: D1...
