Daily Signals, Fundamental Analysis and Recommendations from PaxForex

[PaxForex]

Analysis on Boeing 24.11.2016

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 150.80
• Take Profit Level: 155.50 (470 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 144.00
• Take Profit Level: 143.00 (100 pips)



GOLD
Possible short position in the breakdown of the level 1179

USDJPY
Possible long position at the breakout of the level 113.60

USDCHF
Possible long position at the breakout of the level 1.0190

GBPUSD
Possible long position at the breakout of the level 1.2520

 

[PaxForex]

Analysis on GBPUSD 25.11.2016

The price above 20 MA and 200 MA, indicating a growing trend.
The MACD 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 1.2515
• Take Profit Level: 1.2660 (145 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.2410
• Take Profit Level: 1.2330 (80 pips)



GOLD
Possible short position at the breakdown level 1170

USDJPY
Possible long position at the breakdown level 113.90

USDCHF
Possible long position at the breakdown level 1.0200

EURUSD
Possible short position at the breakdown level 1.0510

 

[PaxForex]

Analysis on IBM 29.11.2016

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 165.00
• Take Profit Level: 170.00 (500 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 161.00
• Take Profit Level: 160.00 (100 pips)



GOLD
Possible short position in the breakdown of the level 1181.70

USDJPY
Possible long position at the breakout of the level 113.00

USDCHF
Possible long position at the breakout of the level 1.0170

GBPUSD
Possible long position at the breakout of the level 1.2530

 

[PaxForex]

Analysis on AUDJPY 30.11.2016

The price above 20 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 84.60
• Take Profit Level: 86.00 (140 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 83.90
• Take Profit Level: 83.10 (80 pips)



GOLD
Possible short position in the breakdown of the level 1180.60

EURUSD
Possible short position in the breakdown of the level 1.0610

USDCHF
Possible long position at the breakout of the level 1.0175

GBPUSD
Possible short position in the breakdown of the level 1.2370

 

[PaxForex]

Analysis on EURTRY 1.12.2016

The price above 20 MA and 200 MA, indicating a growing trend.
The MACD 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 3.6850
• Take Profit Level: 3.7350 (500 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 3.6080
• Take Profit Level: 3.6000 (80 pips)



GOLD
Possible short position at the breakdown level 1161

USDJPY
Possible long position at the breakout of the level 114.80

EURUSD
Possible short position at the breakdown level 1.0510

GBPUSD
Possible long position at the breakout of the level 1.2670

 

[PaxForex]

Analysis on USDPLN 2.12.2016

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 4.2230
• Take Profit Level: 4.2650 (420 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 4.1950
• Take Profit Level: 4.1870 (80 pips)



GOLD
Possible short position in the breakdown of the level 1160

EURUSD
Possible short position in the breakdown of the level 1.0620

USDCHF
Possible short position in the breakdown of the level 1.0080

GBPUSD
Possible long position at the breakdown of the level 1.2700

 

[PaxForex]

Analysis on GOLD 2.12.2016

The price is below the moving average 20 MA and MA 200, indicating the downward trend.
MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the level of support is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1160
• Take Profit Level: 1140 (2000 pips)

If the price rebound from support level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1188
• Take Profit Level: 1195 (800 pips)


GBPUSD
Possible long position at the breakdown level 1.2750

EURUSD
Possible long position at the breakdown level 1.0720

USDCHF
Possible short position in the breakdown of the level 1.0060

USDJPY
Possible long position at the breakdown level 114.90

 

[PaxForex]

Analysis on GBPJPY 6.12.2016

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 123.20
• Take Profit Level: 125.00 (180 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 121.90
• Take Profit Level: 121.10 (80 pips)



GOLD
Possible short position in the breakdown of the level 1156.70

EURUSD
Possible short position in the breakdown of the level 1.0795

USDCHF
Possible short position in the breakdown of the level 1.0100

GBPUSD
Possible long position at the breakdown of the level 1.2770

 

[PaxForex]

Analysis on Travelers 12.12.2016

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 119.40
• Take Profit Level: 122.40 (300 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 117.80
• Take Profit Level: 117.00 (80 pips)



GOLD
Possible short position in the breakdown of the level 1150.00

USDJPY
Possible long position at the breakout of the level 116.10

USDCHF
Possible long position at the breakout of the level 1.0210

GBPUSD
Possible long position at the breakout of the level 1.2650

 

[PaxForex]

Analysis on Apple 13.12.2016

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 114.70
• Take Profit Level: 118.00 (330 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 112.30
• Take Profit Level: 111.30 (100 pips)



GOLD
Possible short position in the breakdown of the level 1151

USDJPY
Possible long position at the breakout of the level 115.50

USDCHF
Possible short position in the breakdown of the level 1.0100

GBPUSD
Possible long position at the breakout of the level 1.2730

 

[PaxForex]

USDJPY Fundamental Analysis – December 14th 2016

Here are the key factors to keep in mind today for US Dollar trades:

• US Advanced Retail Sales: US Advanced Retail Sales for November are predicted to increase by 0.3% monthly and Retail Sales Less Autos are predicted to increase by 0.4% monthly. Forex traders can compare this to US Advanced Retail Sales for October which increased by 0.8% monthly and to Retail Sales Less Autos which increased by 0.8% monthly. Retail Sales Less Autos and Gas for November are predicted to increase by 0.4% monthly and Retail Sales Control Group are predicted to increase by 0.4% monthly. Forex traders can compare this to Retail Sales Less Autos and Gas for October which increased by 0.6% monthly and to Retail Sales Control Group which increased by 0.8% monthly.
• US PPI: The US PPI for November is predicted to increase by 0.1% monthly and by 0.9% annualized. Forex traders can compare this to the US PPI for October which was reported flat at 0.0% monthly and which increased by 0.8% annualized. The US Core PPI for November is predicted to increase by 0.2% monthly and by 1.2% annualized. Forex traders can compare this to the US Core PPI for October which decreased by 0.2% monthly and which increased by 1.3% annualized. The US Core PPI ex Trade for November is predicted to increase by 0.1% monthly and by 1.6% annualized. Forex traders can compare this to the US Core PPI ex Trade for October which decreased by 0.1% monthly and which increased by 1.6% annualized.
• US Industrial Production and Manufacturing Production: US Industrial Production for November is predicted to decrease by 0.4% monthly and US Manufacturing Production by 0.3% monthly. Forex traders can compare this to US Industrial Production for October which was reported flat at 0.0% monthly and US Manufacturing Production which increased by 0.2% monthly. Capacity Utilization for November is predicted at 75.0%. Forex traders can compare this to Capacity Utilization for October which was reported at 75.3%.
• US Business Inventories: US Business Inventories for October are predicted to decrease by 0.1% monthly. Forex traders can compare this to US Business Inventories for September which increased by 0.1% monthly.
• US FOMC Interest Rate Decision: The US FOMC Interest Rate Decision is predicted to show interest rates at 0.75%. Forex traders can compare this to the previous US FOMC Interest Rate Decision which showed interest rates at 0.50%.

Here is the key factor to keep in mind today for Japanese Yen trades:

• Japanese Tankan Survey: The Tankan Large Manufacturers Index for the fourth-quarter was reported at 10. Economists predicted a figure of 10. Forex traders can compare this to the Tankan Large Manufacturers Index for the third-quarter which was reported at 6. The Tankan Large Manufacturers Outlook for the fourth-quarter was reported at 8. Economists predicted a figure of 9. Forex traders can compare this to the Tankan Large Manufacturers Outlook for the third-quarter which was reported at 6. The Tankan Large Non-Manufacturers Index for the fourth-quarter was reported at 18. Economists predicted a figure of 19. Forex traders can compare this to the Tankan Large Non-Manufacturers Index for the third-quarter which was reported at 18. The Tankan Large Non-Manufacturers Outlook for the fourth-quarter was reported at 16. Economists predicted a figure of 18. Forex traders can compare this to the Tankan Large Non-Manufacturers Outlook for the third-quarter which was reported at 16. The Tankan Small Manufacturers Index for the fourth-quarter was reported at 1. Economists predicted a figure of -1. Forex traders can compare this to the Tankan Small Manufacturers Index for the third-quarter which was reported at -3. The Tankan Small Manufacturers Outlook for the fourth-quarter was reported at -4. Economists predicted a figure of -2. Forex traders can compare this to the Tankan Small Manufacturers Outlook for the third-quarter which was reported at -5. The Tankan Small Non-Manufacturers Index for the fourth-quarter was reported at 2. Economists predicted a figure of 2. Forex traders can compare this to the Tankan Small Non-Manufacturers Index for the third-quarter which was reported at 1. The Tankan Small Non-Manufacturers Outlook for the fourth-quarter was reported at -2. Economists predicted a figure of 1. Forex traders can compare this to the Tankan Small Non-Manufacturers Outlook for the third-quarter which was reported at -2. The Japanese Tankan Large All Industry Capex Index for the fourth-quarter increased by 5.5% quarterly. Economists predicted an increase of 6.1% quarterly. Forex traders can compare this to the Japanese Tankan Large All Industry Capex Index for the third-quarter which increased by 6.3% quarterly.

Should price action for the USDJPY remain inside the or breakdown below the 114.750 to 115.250 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 115.000
• Take Profit Zone: 106.000 – 106.500
• Stop Loss Level: 117.000

Should price action for the USDJPY breakout above 115.250 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 115.750
• Take Profit Zone: 119.500 – 120.000

 

[PaxForex]

Analysis on USDTRY 15.12.2016

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 3.5400
• Take Profit Level: 3.5950 (550 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 3.4500
• Take Profit Level: 3.4400 (100 pips)



GOLD
Possible short position in the breakdown of the level 1134

EURUSD
Possible short position in the breakdown of the level 1.0460

USDCHF
Possible long position at the breakout of the level 1.0250

GBPUSD
Possible short position in the breakdown of the level 1.2500

 

[PaxForex]

Analysis on Dupont 16.12.2016

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 75.80
• Take Profit Level: 79.00 (320 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 73.30
• Take Profit Level: 72.40 (90 pips)



GOLD
Possible short position in the breakdown of the level 1122.40

USDJPY
Possible long position at the breakout of the level 118.70

USDCHF
Possible long position at the breakout of the level 1.0350

GBPUSD
Possible short position in the breakdown of the level 1.2370

 

[PaxForex]

Analysis on AUDCAD 19.12.2016

The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
Average in the MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the price rebound from resistance level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.9700
• Take Profit Level: 0.9600 (100 pips)

If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 0.9750
• Take Profit Level: 0.9820 (70 pips)

GOLD
Possible short position in the breakdown of the level 1132.50

GBPUSD
Possible short position in the breakdown of the level 1.2370

USDJPY
Possible long position at the breakout of the level 118.70

EURUSD
Possible short position in the breakdown of the level 1.0400

 

[PaxForex]

Analysis on AUDCAD 19.12.2016

The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
Average in the MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the price rebound from resistance level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.9700
• Take Profit Level: 0.9600 (100 pips)

If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 0.9750
• Take Profit Level: 0.9820 (70 pips)

GOLD
Possible short position in the breakdown of the level 1132.50

GBPUSD
Possible short position in the breakdown of the level 1.2370

USDJPY
Possible long position at the breakout of the level 118.70

EURUSD
Possible short position in the breakdown of the level 1.0400

 

[PaxForex]

Analysis on GBPAUD 22.12.2016

The price above MA 200 and 20 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 1.7180
• Take Profit Level: 1.7380 (200 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.7000
• Take Profit Level: 1.6920 (80 pips)



GOLD
Possible short position in the breakdown of the level 1127

EURUSD
Possible short position in the breakdown of the level 1.0350

USDCHF
Possible long position at the breakout of the level 1.0320

GBPUSD
Possible short position in the breakdown of the level 1.2310

 

[PaxForex]

Analysis on GOLD 23.12.2016

The price is below the moving average 20 MA and MA 200, indicating the downward trend.
MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the level of support is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1122.50
• Take Profit Level: 1110 (1250 pips)

If the price rebound from support level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1137
• Take Profit Level: 1145 (800 pips)


GBPUSD
Possible short position in the breakdown of the level 1.2230

EURUSD
Possible short position in the breakdown of the level 1.0350

USDCHF
Possible long position at the breakdown level 1.0270

USDJPY
Possible long position at the breakdown level 118.00

 

[PaxForex]

Analysis on USDNOK 27.12.2016

The price above MA 200 and 20 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 8.7280
• Take Profit Level: 8.7780 (500 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 8.6770
• Take Profit Level: 8.6670 (100 pips)



GOLD
Possible short position in the breakdown of the level 1150.50

USDJPY
Possible long position at the breakout of the level 117.50

USDCHF
Possible long position at the breakout of the level 1.0295

GBPUSD
Possible short position in the breakdown of the level 1.2220

 

[PaxForex]

Analysis on Silver 19.12.2016

The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
Average in the MACD is below the zero level.
The oscillator Force Index is at the zero level.

If the price rebound from resistance level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 15.60
• Take Profit Level: 14.40 (120 pips)

If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 16.20
• Take Profit Level: 17.00 (80 pips)

GOLD
Possible short position in the breakdown of the level 1122

GBPUSD
Possible short position in the breakdown of the level 1.2230

USDJPY
Possible long position at the breakout of the level 117.80

EURUSD
Possible short position in the breakdown of the level 1.0420

 

[PaxForex]

Analysis on Walmart 29.12.2016

The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
Average in the MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the price rebound from resistance level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 69.20
• Take Profit Level: 68.20 (100 pips)

If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 70.00
• Take Profit Level: 70.50 (50 pips)

GOLD
Possible long position at the breakout of the level 1150.30

GBPUSD
Possible short position in the breakdown of the level 1.2200

USDJPY
Possible short position in the breakdown of the level 116.20

EURUSD
Possible long position at the breakout of the level 1.0500