Source: PaxForex Premium Analytics Portal, Technical Insight Japan's Finance Minister Suzuki: A weak yen has both advantages and disadvantages. EUR/JPY,D1 Pivot: 142.36 Analysis: While the price is above 140.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 142.36 Take Profit 1: 144.00 Take Profit 2: 146.00 Alternative scenario: If the level 140.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 140....
Source: PaxForex Premium Analytics Portal, Technical Insight Bank of Japan, Kuroda: A rapid weakening of the yen in a short period is undesirable. GBP/JPY,D1 Pivot: 167.32 Analysis: As long as the price is above 162.80 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 167.32 Take profit 1: 168.48 Take Profit 2: 171.00 Alternative scenario: If the level of 162.80 is broken-down, follow the recommendations below: Time...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD: year-end forecast lowered to 0.67 given current risks - ANZ. NZD/USD,D1 Pivot: 0.6540 Analysis: While the price is above 0.6425, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6448 Take Profit 1: 0.6670 Take Profit 2: 0.6815 Alternative scenario: If the level 0.6425 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6425 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight The EUR/USD pair has moved into a consolidation phase - UOB. EUR/USD,D1 Pivot: 1.0674 Analysis: While the price is above 1.0650, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0674 Take Profit 1: 1.0800 Take Profit 2: 1.0940 Alternative scenario: If the level 1.0650 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0650 Take Profit 1: 1.0460...
Source: PaxForex Premium Analytics Portal, Technical Insight The USD/CAD pair is down to six-week lows below 1.2600. USD/CAD,D1 Pivot: 1.2574 Analysis: While the price is below 1.2700, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2574 Take Profit 1: 1.2520 Take Profit 2: 1.2400 Alternative scenario: If the level 1.2700 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2700 Take Profit 1: 1.2850...
