Source: PaxForex Premium Analytics Portal, Technical Insight GBP/JPY jumps to levels near 184.00 as a dovish BoJ hammers the Yen. Pivot: 182.64 Analysis: As long as the price is below 186.00 follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 182.64 Take profit 1: 181.00 Take Profit 2: 179.50 Alternative scenario: If the level of 186.00 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 186.00 Take profit...
Source: PaxForex Premium Analytics Portal, Technical Insight NZD/USD mired in congestion near 0.6200. NZD/USD,D1 Pivot: 0.6227 Analysis: While the price is above 0.6080, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6227 Take Profit 1: 0.6250 Take Profit 2: 0.6350 Alternative scenario: If level 0.6080 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 0.6080 Take Profit 1: 0.6000 Take Profit 2...
Source: PaxForex Premium Analytics Portal, Technical Insight EUR/USD treads water around 1.0920 ahead of Eurozone HICP data. EUR/USD,D1 Pivot: 1.0926 Analysis: While the price is above 1.0800, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.0926 Take Profit 1: 1.1040 Take Profit 2: 1.1180 Alternative scenario: If level 1.0800 is broken-down, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.0800 Take Profit 1...
Source: PaxForex Premium Analytics Portal, Technical Insight USD/CAD edges higher near 1.3380 amid stable US Dollar, awaits Canadian Core CPI. Pivot: 1.3373 Analysis: While the price is below 1.3600, follow the recommendations below: Time frame: D1 Recommendation: short position Entry point: 1.3373 Take Profit 1: 1.3300 Take Profit 2: 1.3200 Alternative scenario: If level 1.3600 is broken-out, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 1.3600 Take...
Source: PaxForex Premium Analytics Portal, Technical Insight AUD/USD hovers around 0.6700, eyes on RBA Meeting Minutes. AUD/USD,D1 Pivot: 0.6721 Analysis: Provided that the currency pair is above 0.6500, follow the recommendations below: Time frame: D1 Recommendation: long position Entry point: 0.6721 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:...
