Source: PaxForex Premium Analytics Portal, Technical Insight The GBP/JPY stalls at around 166.60s, unable to crack the YTD high at 167.00, printed on Tuesday, as Wednesday’s Asian session commence. GBP/JPY,D1 Pivot: 167.35 Analysis: As long as the price is above 164.50 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 167.35 Take profit 1: 169.00 Take Profit 2: 172.00 Alternative scenario: If the level of 164.50 is broken-down, follow the recommendations below...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD should keep the consolidation theme unchanged between 0.6140 and 0.6285 for the time being - UOB Group. NZD/USD,D1 Pivot: 0.6196 Analysis: While the price is above 0.6130, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6196 Take Profit 1: 0.6290 Take Profit 2: 0.6385 Alternative scenario: If the level 0.6130 is broken-down, follow the recommendations below:: Time frame: D1 Recommendation: short...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD: Strong support emerges around 1.0830 – UOB Group. EUR/USD,D1 Pivot: 1.0890 Analysis: While the price is below 1.0750, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0890 Take Profit 1: 1.1000 Take Profit 2: 1.1100 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 Profit 1: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD: All eyes on the US Dollar as price corrects in bear trend. Pivot: 1.3346 Analysis: While the price is below 1.3525, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3346 Take Profit 1: 1.3300 Take Profit 2: 1.3200 Alternative scenario: If the level 1.3525 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3525 Take Profit 1: 1.3700 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD: Bears testing 0.6700 that guards 0.6650. AUD/USD,D1 Pivot: 0.6713 Analysis: Provided that the currency pair is below 0.6800, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6713 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 position Entry point: 0.6800 Take...
