Analysis of USDJPY 15.04.2019

Analysis of USDJPY 15.04.2019

Written by: PaxForex analytics dept - Monday, 15 April 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 112.20
• Take Profit Level: 113.20 (100 pips)

If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 111.70
• Take Profit Level: 111.20 (50 pips)



GOLD 
A possible short position in the breakdown of the level 1285.00

EURUSD 
A possible long position at the breakout of the level 1.1330

USDCHF
A possible long position at the breakout of the level 1.0030

GBPUSD
A possible short position in the breakdown of the level 1.3040