Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY trades with a positive bias above the 197.00 mark, lacks bullish conviction. Pivot: 197.50 Analysis: As long as the price is above 195.00 follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 197.50 Take profit 1: 201.00 Take Profit 2: 204.00 Alternative scenario: If the level of 195.00 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point:...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD extends downside to near 0.5950 on the bullish US Dollar. NZD/USD,D1 Pivot: 0.5953 Analysis: While the price is above 0.6200, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.5953 Take Profit 1: 0.5900 Take Profit 2: 0.5800 Alternative scenario: If level 0.6200 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6200 Take Profit 1: 0....
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD falls to near 1.0650 as the ECB expects to pursue more aggressive rate cuts than the Fed. EUR/USD,D1 Pivot: 1.0634 Analysis: While the price is below 1.0800, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0634 Take Profit 1: 1.0600 Take Profit 2: 1.0500 Alternative scenario: If level 1.0800 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD appreciates as Trump’s proposed fiscal policies could heighten inflation risks, prompting the Fed to adopt a hawkish stance. Pivot: 1.3917 Analysis: While the price is above 1.3800, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3917 Take Profit 1: 1.4000 Take Profit 2: 1.4100 Alternative scenario: If level 1.3800 is broken-down, follow the recommendations below: Time frame: D1...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD holds below 0.6600 as the Trump tariff threat looms. AUD/USD,D1 Pivot: 0.6589 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6589 Take Profit 1: 0.6700 Take Profit 2: 0.6800 Alternative scenario: In case level 0.6500 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6500...
