Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY faces pullback as a rising wedge emerges despite bullish indicators. GBP/JPY,D1 Pivot: 172.90 Analysis: As long as the price is above 168.00 follow the recommendations below:: Time frame: D1 Recommendation: long position Entry point: 172.90 Take profit 1: 174.00 Take Profit 2: 176.00 Alternative scenario: If the level of 168.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD clings to mild gains below 0.6100 on upbeat NZ data, softer US Dollar. NZD/USD,D1 Pivot: 0.6087 Analysis: While the price is below 0.6100, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6087 Take Profit 1: 0.6000 Take Profit 2: 0.5900 Alternative scenario: If the level 0.6100 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6100...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD cautiously cheers hawkish ECB bias above 1.0700, German Factory Orders, EU Retail Sales eyed. EUR/USD,D1 Pivot: 1.0728 Analysis: While the price is below 1.0750, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0728 Take Profit 1: 1.0600 Take Profit 2: 1.0500 Alternative scenario: If level 1.0750 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long ...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD kick-starts BoC week on the dicey floor above 1.3400 amid sturdy Oil price, US Dollar. Pivot: 1.3438 Analysis: hile the price is above 1.3360, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3438 Take Profit 1: 1.3670 Take Profit 2: 1.3800 Alternative scenario: If level 1.3360 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3360...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD rebounds from intraday low of 0.6590 on upbeat China Caixin Services PMI, US data, RBA eyed. AUD/USD,D1 Pivot: 0.6602 Analysis: Provided that the currency pair is below 0.6800, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6602 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...
