Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY looks to regain 182.00 as risk profile improves, focus on China stimulus, BoJ. GBP/JPY,D1 Pivot: 181.87 Analysis: As long as the price is above 180.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 181.87 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...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD sticks to gains above 0.6200 amid a modest USD pullback from a two-week high. NZD/USD,D1 Pivot: 0.6194 Analysis: While the price is above 0.6150, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6194 Take Profit 1: 0.6300 Take Profit 2: 0.6400 Alternative scenario: If level 0.6150 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point:...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD licks its wounds around mid-1.1000s as Eurozone, German data flag recession fears, prod ECB hawks. EUR/USD,D1 Pivot: 1.1062 Analysis: While the price is above 1.1100, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.1062 Take Profit 1: 1.1000 Take Profit 2: 1.0900 Alternative scenario: If level 1.1100 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long ...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD retreats towards 1.3200 as Oil price edge higher, US Dollar softens amid pre-Fed anxiety. Pivot: 1.3219 Analysis: While the price is below 1.3475, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3219 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...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD bounces off the immediate support line towards 0.6750 ahead of the US PMI. AUD/USD,D1 Pivot: 0.6732 Analysis: Provided that the currency pair is above 0.6700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6732 Take Profit 1: 0.6900 Take Profit 2: 0.7000 Alternative scenario: In case level 0.6700 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short...
