Analysis on APPLE 14.01.2020

Analysis on APPLE 14.01.2020

Written by: PaxForex analytics dept - Tuesday, 14 January 2020 0 comments



The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.

If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 316.60
• Take Profit Level: 320.00 (340 pips)

If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 312.60
• Take Profit Level: 311.60 (100 pips)



USDJPY 
A possible long position at the breakout of the level 110.20

EURUSD 
A possible long position at the breakout of the level 1.1150

USDCHF
A possible short position in the breakdown of the level 0.9680

GBPUSD
A possible short position in the breakdown of the level 1.2950