Source: PaxForex Premium Analytics Portal, Technical Insight The Japanese government maintained its economic assessment in May. EUR/JPY,D1 Pivot: 135.92 Analysis: While the price is above 134.25, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 135.92 Take Profit 1: 138.30 Take Profit 2: 140.00 Alternative scenario: If the level 134.25 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 134.25 Take profit 1:...
Source: PaxForex Premium Analytics Portal, Technical Insight Prime Minister Kishida: The stability of the currency is important. GBP/JPY,D1 Pivot: 159.20 Analysis: As long as price is below 162.20 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 159.20 Take profit 1: 157.60 Take Profit 2: 156.30 Alternative scenario: If the level of 162.20 is broken-out, follow the recommendations below: Time...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD: The recent strengthening is seen only as a correction below 0.6556/68 - Credit Suisse. NZD/USD,D1 Pivot: 0.6440 Analysis: While the price is above 0.6400, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6440 Take Profit 1: 0.6550 Take Profit 2: 0.6700 Alternative scenario: If the level 0.6400 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD: Further growth could lead to a retest of 1.0750 - UOB. EUR/USD,D1 Pivot: 1.0663 Analysis: While the price is above 1.0580, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0663 Take Profit 1: 1.0800 Take Profit 2: 1.0940 Alternative scenario: If the level 1.0580 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0580 Take Profit 1: 1....
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD is recovering from two-week lows below 1.2800. USD/CAD,D1 Pivot: 1.2787 Analysis: While the price is above 1.2715, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2787 Take Profit 1: 1.3000 Take Profit 2: 1.3100 Alternative scenario: If the level 1.2715 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.2715 Take Profit 1: 1.2470...
