Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY trades just below its highest level since December 2015 ahead of UK macro data. GBP/JPY,D1 Pivot: 176.73 Analysis: As long as the price is above 173.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 176.73 Take profit 1: 178.00 Take Profit 2: 180.00 Alternative scenario: If the level of 173.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD aims to recapture 0.6150 amid lackluster USD Index ahead of US CPI. NZD/USD,D1 Pivot: 0.6127 Analysis: While the price is above 0.6080, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6127 Take Profit 1: 0.6200 Take Profit 2: 0.6300 Alternative scenario: If level 0.6080 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6080...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD could advance to the 1.0850 region – UOB Group. EUR/USD,D1 Pivot: 1.0789 Analysis: While the price is above 1.0670, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0789 Take Profit 1: 1.0830 Take Profit 2: 1.0920 Alternative scenario: If level 1.0670 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0670 Take Profit 1: 1...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD prepares for a fresh rally above 1.3360 ahead of US CPI and Fed policy Pivot: 1.3347 Analysis: While the price is above 1.3300, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3347 Take Profit 1: 1.3560 Take Profit 2: 1.3670 Alternative scenario: If level 1.3300 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3300 Take Profit 1: 1...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD oscillates in a range around 100-day SMA, just below mid-0.6700s/one-month peak. AUD/USD,D1 Pivot: 0.6744 Analysis: Provided that the currency pair is below 0.6800, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6744 Take Profit 1: 0.6485 Take Profit 2: 0.6400 Alternative scenario: In case the level 0.6800 is broken-out, follow the recommendations below: Time frame: D1 Recommendation:...
