Trading Analysis for Boeing

Trading Analysis for Boeing

Written by: PaxForex analytics dept - Tuesday, 17 March 2020 0 comments

The price is below the moving average of 20 MA and MA 200, indicating the downward trend. 
MACD is below the zero levels.
The oscillator Force Index is below the zero levels.

If the level of support is broken, you shall follow the recommendations below:

  • Timeframe: H4
  • Recommendation: Short Position
  • Entry Level: Short Position 128.00
  • Take Profit Level: 110.00 (1800 pips)

If the price rebound from the support level, you shall follow the recommendations below:

  • Timeframe: H4
  • Recommendation: Long Position
  • Entry Level: Long Position 148.00
  • Take Profit Level: 150.00 (200 pips)

GOLD
A possible short position in the breakdown of the level 1481.00

USDCHF
A possible long position at the breakout of the level 0.9540

GBPUSD
A possible short position in the breakdown of the level 1.2180

USDJPY
A possible long position at the breakout of the level 107.20