Source: PaxForex Premium Analytics Portal, Technical Insight The ECB’s dovish outlook weighs on the Euro and contributes to the ongoing depreciating move. EUR/CAD,D1 Pivot: 1.4980 Analysis: As long as the price is above 1.4800 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.4980 Take Profit 1: 1.5000 Take Profit 2: 1.5100 Alternative scenario: If the level of 1.4800 is broken-down, follow the recommendations below: Time frame: D1...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/JPY dives to over one-month low amid BoJ rate-hike bets, Eurozone PMIs in focus. EUR/JPY,D1 Pivot: 167.70 Analysis: While the price is above 167.00, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 167.70 Take Profit 1: 171.00 Take Profit 2: 173.00 Alternative scenario: If the level 167.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 167.00...
Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY plunges below 201.00 as Yen recovery continues. Pivot: 199.28 Analysis: As long as the price is above 197.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 199.28 Take profit 1: 202.00 Take Profit 2: 204.00 Alternative scenario: If the level of 197.00 is broken-down , follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 197.00 Take profit 1:...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD remains under selling pressure below 0.6000 on rising RBNZ rate cut bets. NZD/USD,D1 Pivot: 0.5966 Analysis: While the price is above 0.6050, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5966 Take Profit 1: 0.5900 Take Profit 2: 0.5800 Alternative scenario: If level 0.6050 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6050...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD inches higher to near 1.0900; next barrier at four-month highs. EUR/USD,D1 Pivot: 1.0884 Analysis: While the price is above 1.0700, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0884 Take Profit 1: 1.0900 Take Profit 2: 1.1000 Alternative scenario: If level 1.0700 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0700 Take...
