Analysis of MCDONALDS 10.01.2020

Analysis of MCDONALDS 10.01.2020

Written by: PaxForex analytics dept - Friday, 10 January 2020 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 209.20
• Take Profit Level: 213.00 (380 pips)

If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 207.00
• Take Profit Level: 206.00 (100 pips)



USDJPY 
A possible long position at the breakout of the level 109.70

GOLD 
A possible long position at the breakout of the level 1552.00

USDCHF
A possible long position at the breakout of the level 0.9750

EURUSD
A possible short position in the breakdown of the level 1.1080