Source: PaxForex Premium Analytics Portal, Technical Insight

Google has announced the global availability of Swirl, an advertising format that the company introduced in beta just over a year ago. The Swirl format includes advertising banners with interactive 3D product models. The whirlwind ads allow brands to illustrate behavioral changes, new technologies, unique product features, etc. The announcement highlighted various campaigns that have already been created using this format, including Nissan Spain, which used Swirl ads to demonstrate the new features of its Qashqai SUV, and Adidas Latin America, which promoted Adidas Ultra Boost 2019 shoes.

Google, H4

Pivot: 1516.95

Analysis:

Provided that the asset is traded above 1472.00, follow the recommendations below:

• Time frame: H4
• Recommendation: long position
• Entry point: 1516.95
• Take Profit 1:  1532.25
• Take Profit 2: 1564.45

Alternative scenario: 

In case of breakdown of the level 1472.00, follow the recommendations below:

• The timeframe: H4
• Recommendation: short position
• Entry point: 1472.00
• Take Profit 1: 1416.00
• Take Profit 2: 1385.45

Comment:

RSI shows an uptrend during the day.

Key levels:

Google, D1

Pivot: 1490.00

Analysis:

While the asset is traded above 1440.00, follow the recommendations below:

• Time frame: D1
• Recommendation: long position
• Entry point: 1490.00
• Take Profit 1: 1588.00
• Take Profit 2: 1597.00

Alternative scenario:

If the level 1440.00 is broken-down, follow the recommendations below.

• Time frame: D1
• Recommendation: short position
• Entry point: 1440.00
• Take Profit 1: 1346.00
• Take Profit 2: 1315.00

Comment:

RSI shows an uptrend.

Key levels:

We also advise you to pay attention to Tesla for intra-day trading:

Pivot: 1371.58

Analysis:

While the asset is traded above 1160.00, follow the recommendations below:

• Time frame: H4
• Recommendation: long position
• Entry point: 1371.58
• Take Profit 1: 1553.00
• Take Profit 2: 1640.00

Alternative scenario:

If the level 1160.00 is broken-down, follow the recommendations below.

• Time frame: H4
• Recommendation: short position
• Entry point: 1160.00
• Take Profit 1: 1025.00
• Take Profit 2: 946.00