Analysis of AUDUSD 27.12.2017

Analysis of AUDUSD 27.12.2017

Written by: PaxForex analytics dept - Wednesday, 27 December 2017 0 comments
The price above 20 MA and 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.

If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 0.7780
• Take Profit Level: 0.7880 (100 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.7730
• Take Profit Level: 0.7670 (60 pips)



GOLD 
Possible long position at the breakout of the level 1286

EURUSD  
Possible long position at the breakout of the level 1.1900

USDCHF
Possible long position at the breakout of the level 0.9920

GBPUSD
Possible long position at the breakout of the level l 1.3420