The price above 20 MA, indicating a growing trend.
Average MACD came out of the histogram.
The oscillator Force Index in the zero line.
If the level of resistance is broken, you should follow recommendations below:
- Timeframe: H4
- Recommendation: Long Position
- Entry Level: Long Position 0,9610
- Take Profit Level: 0,9750(140 pips)
- Stop Loss Level: 0.9560 (50 pips)
- Timeframe: H4
- Recommendation: Short Position
- Entry Level: Short Position 0.9590
- Take Profit Level: 0.9490 (100 pips)
- Stop Loss Level: 0.9620 (30 pips)
GOLD
Possible short position from level 1200
USDJPY
Possible long position at the breakout level 120.10
EURUSD
Possible short position at the breakdown level 1.0750
GBPUSD
Possible short position at the breakdown level 1.4845