Source: PaxForex Premium Analytics Portal, Technical Insight Japan, Suzuki: closely watching the forex effect on the economy with a sense of urgency. EUR/JPY,D1 Pivot: 135.96 Analysis: While the price is above 134.25, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 135.96 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...
Source: PaxForex Premium Analytics Portal, Technical Insight Amamiya, Bank of Japan: it is important to maintain the current strong easing to help the economy. GBP/JPY,D1 Pivot: 161.02 Analysis: As long as price is below 162.20 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 161.02 Take profit 1: 159.50 Take Profit 2: 157.60 Alternative scenario: If the level of 162.20 is broken-out, follow the recommendations below: ...
Source: PaxForex Premium Analytics Portal, Technical Insight The NZD/USD made new highs, staying below 0.6300. NZD/USD,D1 Pivot: 0.6343 Analysis: While the price is below 0.6550, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6343 Take Profit 1: 0.6250 Take Profit 2: 0.6175 Alternative scenario: If the level 0.6550 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6550 Take Profit 1: 0.6700 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight The EUR/USD rebound is gaining momentum north from 1.0400 on Monday. EUR/USD,D1 Pivot: 1.0456 Analysis: While the price is below 1.0650, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0456 Take Profit 1: 1.0300 Take Profit 2: 1.0170 Alternative scenario: If the level 1.0650 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0650 Take Profit 1: 1...
Source: PaxForex Premium Analytics Portal, Technical Insight The USD/ CAD pair is consolidating just above 1.3000, not far below the 18-month highs at 1.3050. USD/CAD,D1 Pivot: 1.2948 Analysis: While the price is above 1.2715, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2925 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...
