Source: PaxForex Premium Analytics Portal, Technical Insight Japan, Suzuki: watching the effects of a weaker yen "with a sense of urgency". EUR/JPY,D1 Pivot: 136.01 Analysis: While the price is above 134.25, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 136.01 Take Profit 1: 137.60 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 The Bank of Japan offers to buy an unlimited amount of 10-year JBG at 0.25%. GBP/JPY,D1 Pivot: 167.60 Analysis: As long as price is above 159.88 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 160.97 Take profit 1: 164.62 Take Profit 2: 168.45 Alternative scenario: If the level of 159.88 is broken-down, follow the recommendations below: Time...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD: potential to reach 0.6530 during the coming week - Westpac. NZD/USD,D1 Pivot: 0.6632 Analysis: While the price is below 0.6730, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6632 Take Profit 1: 0.6530 Take Profit 2: 0.6400 Alternative scenario: If the level 0.6730 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6730 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD: recovery remains limited below 1.0746. EUR/USD,D1 Pivot: 1.0711 Analysis: While the price is below 1.0860, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0711 Take Profit 1: 1.0600 Take Profit 2: 1.0500 Alternative scenario: If the level 1.0860 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0860 Take Profit 1: 1.0940 Take Profit 2...
Source: PaxForex Premium Analytics Portal, Technical Insight The rising U.S. dollar hit the Canadian dollar (-0.8%). The pair rose to a high of 1.26. USD/CAD,D1 Pivot: 1.2751 Analysis: While the price is above 1.2555, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.2751 Take Profit 1: 1.2785 Take Profit 2: 1.2900 Alternative scenario: If the level 1.2555 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry...