Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY oscillates around 172.00 as sentiment sours on US political standstill. GBP/JPY,D1 Pivot: 172.36 Analysis: As long as the price is above 168.00 follow the recommendations below:: Time frame: D1 Recommendation: long position Entry point: 170.36 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: Kiwi buyers flex muscles despite recent inaction below 0.6300. NZD/USD,D1 Pivot: 0.6281 Analysis: While the price is above 0.6130, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6281 Take Profit 1: 0.6385 Take Profit 2: 0.6500 Alternative scenario: If the level 0.6130 is broken-down, follow the recommendations below:: Time frame: D1 Recommendation: short position Entry point: 0.6130 Take Profit...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD: The diminishing probability of a breach of 1.0750 – UOB Group. EUR/USD,D1 Pivot: 1.0808 Analysis: While the price is below 1.0750, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0808 Take Profit 1: 1.0930 Take Profit 2: 1.1000 Alternative scenario: If the level 1.0750 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0750 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD rebounds from 1.3480 support amid downbeat Oil price, focus on US debt ceiling talks. Pivot: 1.3506 Analysis: While the price is below 1.3475, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3506 Take Profit 1: 1.3670 Take Profit 2: 1.3800 Alternative scenario: If the level 1.3475 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3475...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD sees upside above 0.6650 as US Biden calls Republicans’ offer unacceptable. AUD/USD,D1 Pivot: 0.6636 Analysis: Provided that the currency pair is below 0.6800, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6636 Take Profit 1: 0.6550 Take Profit 2: 0.6400 Alternative scenario: In case the level 0.6800 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long...