The price above 20 MA, indicating a growing trend.
Average in the MACD came out of the histogram, but is below the zero level.
The oscillator Force Index at a zero level.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.0950
• Take Profit Level: 1.1065 (115 pips)
• Stop Loss Level: 1.0910 (40 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.0880
• Take Profit Level: 1.0810 (70 pips)
• Stop Loss Level: 1.0900 (20 pips)
GOLD
Possible short position at the breakdown level 1183
USDJPY
Possible long position at the breakout level 124.27
USDCHF
Possible short position at the breakdown level 0.9440
GBPUSD
According to recommendations GBPUSD open short position
