Analysis of EURUSD 30.01.2019

Analysis of EURUSD 30.01.2019

Written by: PaxForex analytics dept - Wednesday, 30 January 2019 0 comments
The price above 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 1.1450
• Take Profit Level: 1.1530 (80 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.1400
• Take Profit Level: 1.1360 (40 pips)



USDJPY 
Possible long position at the breakout of the level 109.55

GOLD 
Possible long position at the breakout of the level 1316.00

USDCHF
Possible long position at the breakout of the level 0.9970

GBPUSD
Possible long position at the breakout of the level 1.3130