Analysis of GOLDMAN SACHS 7.11.2019

Analysis of GOLDMAN SACHS 7.11.2019

Written by: PaxForex analytics dept - Thursday, 07 November 2019 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 222.00
• Take Profit Level: 226.00 (400 pips)

If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 216.00
• Take Profit Level: 215.00 (100 pips)



USDJPY 
A possible short position in the breakdown of the level 109.20

GOLD 
A possible short position in the breakdown of the level 1479.00

USDCHF
A possible long position at the breakout of the level 0.9940

EURUSD
A possible long position at the breakout of the level 1.1090