Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY trades flat ahead of UK CPI figures. GBP/JPY,D1 Pivot: 181.10 Analysis: As long as the price is above 180.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 181.10 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: 179.00 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD hits fresh daily high, back near mid-0.6200s amid renewed USD selling. NZD/USD,D1 Pivot: 0.6338 Analysis: While the price is above 0.6250, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6338 Take Profit 1: 0.6400 Take Profit 2: 0.6500 Alternative scenario: If level 0.6250 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6250...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD strengthens beyond mid-1.1200s, highest since February 2022 on weaker USD. EUR/USD,D1 Pivot: 1.1285 Analysis: While the price is above 1.1100, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.1285 Take Profit 1: 1.1300 Take Profit 2: 1.1400 Alternative scenario: While the price is above 1.1100, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD trades with a positive bias above 1.3200 mark, lacks bullish conviction. Pivot: 1.3218 Analysis: While the price is below 1.3475, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3218 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:...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD holds ground around 0.6820 following mixed Chinese data. AUD/USD,D1 Pivot: 0.6814 Analysis: Provided that the currency pair is above 0.6700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6814 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 position Entry...
