Daily Signals, Fundamental Analysis and Recommendations from PaxForex

[PaxForex]

Analysis on EURTRY 30.12.2016

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 3.7500
• Take Profit Level: 3.8000 (500 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 3.6820
• Take Profit Level: 3.6620 (200 pips)



GOLD
Possible long position at the breakout of the level 1163

EURUSD
Possible long position at the breakout of the level 1.0660

USDCHF
Possible short position in the breakdown of the level 1.0050

GBPUSD
Possible long position at the breakout of the level 1.2320

 

[PaxForex]

Analysis on USDJPY 3.01.2017

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 118.70
• Take Profit Level: 120.00 (130 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 116.10
• Take Profit Level: 115.30 (80 pips)



GOLD
Possible short position in the breakdown of the level 1145

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 1.2240

 

[PaxForex]

Analysis on Goldman Sachs 5.01.2017

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 245.50
• Take Profit Level: 250.00 (450 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 236.00
• Take Profit Level: 235.00 (100 pips)



GOLD
Possible long position at the breakout of the level 1180.00

USDJPY
Possible short position in the breakdown of the level 115.50

USDCHF
Possible short position in the breakdown of the level 1.0150

GBPUSD
Possible long position at the breakout of the level 1.2370

 

[PaxForex]

Analysis on GBPUSD 9.01.2017

The price is below the moving average MA 200 and 20 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 1.2110
• Take Profit Level: 1.1900 (210 pips)


If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.2190
• Take Profit Level: 1.2280 (90 pips)


GOLD
Possible long position at the breakout of the level 1185

EURUSD
Possible short position in the breakdown of the level 1.0500

USDCHF
Possible long position at the breakout of the level 1.0190

USDJPY
Possible long position at the breakout of the level 117.50

 

[PaxForex]

Analysis on Facebook 11.01.2017

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 125.45
• Take Profit Level: 128.00 (255 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 123.50
• Take Profit Level: 122.80 (70 pips)



GOLD
Possible long position at the breakout of the level 1192.00

USDJPY
Possible long position at the breakout of the level 116.50

USDCHF
Possible long position at the breakout of the level 1.0250

GBPUSD
Possible short position in the breakdown of the level 1.2090

 

[PaxForex]

Analysis on AUDUSD 13.01.2017

The price above 20 MA and 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 0.7520
• Take Profit Level: 0.7620 (100 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.7470
• Take Profit Level: 0.7400 (70 pips)



GOLD
Possible long position at the breakout of the level 1207

EURUSD
Possible long position at the breakout of the level 1.0690

USDCHF
Possible short position in the breakdown of the level 1.0050

GBPUSD
Possible short position in the breakdown of the level l 1.2130

 

[PaxForex]

Analysis on Boeing 16.01.2017

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 160.00
• Take Profit Level: 163.00 (300 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 156.00
• Take Profit Level: 155.00 (100 pips)



GOLD
Possible long position at the breakout of the level 1208

USDJPY
Possible short position in the breakdown of the level 113.50

USDCHF
Possible long position at the breakout of the level 1.0140

GBPUSD
Possible short position in the breakdown of the level 1.1980

 

[PaxForex]

GBPUSD Fundamental Analysis – January 18th 201

Here are the key factors to keep in mind today for British Pound trades:

• UK Jobless Claims Change and Claimant Count Rate: UK Jobless Claims Change for December are predicted at 5.0K and the Claimant Count Rate is predicted at 2.3%. Forex traders can compare this to UK Jobless Claims Change for for November which were reported at 2.4K and to the Claimant Count Rate which was reported at 2.3%.
• UK Employment Change, ILO Unemployment Rate and Average Weekly Earnings: The UK Employment Change for the tri-monthly period ending in November is predicted at -35K and the ILO Unemployment Rate at 4.8%. Forex traders can compare this to the UK Employment Change for the tri-monthly period ending October which was reported at -6K and to the ILO Unemployment Rate which was reported at 4.8%. Average Weekly Earnings for the tri-monthly period ending in November are predicted to increase by 2.6% annualized and Average Weekly Earnings Excluding Bonuses are predicted to increase by 2.6% annualized. Forex traders can compare this to Average Weekly Earnings for the tri-monthly period ending in October which increased by 2.5% and Average Weekly Earnings Excluding Bonuses which increased by 2.6%.

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

• US CPI: The US CPI for December is predicted to increase by 0.3% monthly and by 2.1% annualized. Forex traders can compare this to the US CPI for November which increased by 0.2% monthly and by 1.7% annualized. The US Core CPI for December is predicted to increase by 0.2% monthly and by 2.2% annualized. Forex traders can compare this to the US Core CPI for November which increased by 0.2% monthly and by 2.1% annualized.
• US Industrial Production and Manufacturing Production: US Industrial Production for December is predicted to increase by 0.6% monthly and Manufacturing Production is predicted to increase by 0.5% monthly. Forex traders can compare this to US Industrial Production for November which decreased by 0.4% monthly and to Manufacturing Production which decreased by 0.1% monthly.Capacity Utilization for December is predicted at 75.4%. Forex traders can compare this to Capacity Utilization for November which was reported at 75.0%.
• US NAHB Housing Market Index: The US NAHB Housing Market Index for January is predicted at 69. Forex traders can compare this to the US NAHB Housing Market Index for December which was reported at 70.

Should price action for the GBPUSD remain inside the or breakout above the 1.2325 to 1.2375 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 1.2350
• Take Profit Zone: 1.2750 – 1.2800
• Stop Loss Level: 1.2200

Should price action for the GBPUSD breakdown below 1.2325 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 1.2275
• Take Profit Zone: 1.1925 – 1.2000
• Stop Loss Level: 1.2375

 

[PaxForex]

Analysis on EURTRY 19.01.2017

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 4.0630
• Take Profit Level: 4.1230 (600 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 4.0500
• Take Profit Level: 4.0400 (100 pips)



GOLD
Possible short position at the breakdown level 1196

USDJPY
Possible long position at the breakout of the level 115.00

EURUSD
Possible long position at the breakout of the level 1.0720

GBPUSD
Possible long position at the breakout of the level 1.2420

 

[PaxForex]

Analysis on AUDCAD 20.01.2017

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 1.0085
• Take Profit Level: 1.0170 (85 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.0030
• Take Profit Level: 0.9970 (60 pips)



GOLD
Possible short position in the breakdown of the level 1195

EURUSD
Possible short position in the breakdown of the level 1.0590

USDCHF
Possible long position at the breakout of the level 1.0590

GBPUSD
Possible short position in the breakdown of the level 1.2240

 

[PaxForex]

Analysis on GOLD 23.01.2017

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 1220
• Take Profit Level: 1232 (1200 pips)


If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1209
• Take Profit Level: 1200 (900 pips)



EURUSD
Possible long position at the breakout of the level 1.1760

USDJPY
Possible short position in the breakdown of the level 113.10

USDCHF
Possible short position in the breakdown of the level 0.9970

GBPUSD
Possible long position at the breakout of the level 1.2470

 

[PaxForex]

Analysis on Amazon 24.01.2017

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 822.00
• Take Profit Level: 840.00 (1800 pips)


If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 804.00
• Take Profit Level: 802.00 (200 pips)



EURUSD
Possible long position at the breakout of the level 1.0770

USDJPY
Possible short position in the breakdown of the level 112.50

USDCHF
Possible short position in the breakdown of the level 112.50

GBPUSD
Possible long position at the breakout of the level 1.2550

 

[PaxForex]

Analysis on Microsoft 26.01.2017

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 64.10
• Take Profit Level: 65.10 (100 pips)


If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 63.10
• Take Profit Level: 62.30 (80 pips)



EURUSD
Possible short position in the breakdown of the level 1.0680

USDJPY
Possible long position at the breakout of the level 114.50

USDCHF
Possible short position in the breakdown of the level 0.9950

GBPUSD
Possible long position at the breakout of the level 1.2670

 

[PaxForex]

Analysis on Home Depot 27.01.2017

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 139.40
• Take Profit Level: 142.00 (240 pips)


If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 137.30
• Take Profit Level: 136.60 (70 pips)



EURUSD
Possible short position in the breakdown of the level 1.0650

USDJPY
Possible long position at the breakout of the level 115.30

USDCHF
Possible long position at the breakout of the level 1.0030

GBPUSD
Possible short position in the breakdown of the level 1.2510

 

[PaxForex]

Analysis on EURUSD 30.01.2017

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 1.0650
• Take Profit Level: 1.0570 (80 pips)

If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.0670
• Take Profit Level: 1.0730 (60 pips)

GOLD
Possible short position in the breakdown of the level 1180

GBPUSD
Possible short position in the breakdown of the level 1.2480

USDJPY
Possible short position in the breakdown of the level 115.40

USDCHF
Possible long position at the breakout of the level 1.0040

 

[PaxForex]

Analysis on American Express 31.01.2017

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 78.00
• Take Profit Level: 79.50 (150 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 76.40
• Take Profit Level: 75.80 (60 pips)



GOLD
Possible long position at the breakout of the level 1207

USDJPY
Possible long position at the breakout of the level 113.10

USDCHF
Possible short position in the breakdown of the level 0.9900

GBPUSD
Possible short position in the breakdown of the level 1.2400

 

[PaxForex]

Analysis on P&G 1.02.2017

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 88.00
• Take Profit Level: 89.50 (150 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 87.40
• Take Profit Level: 86.80 (60 pips)



GOLD
Possible long position at the breakout of the level 1215

USDJPY
Possible short position in the breakdown of the level 112.10

USDCHF
Possible short position in the breakdown of the level 0.9850

GBPUSD
Possible long position at the breakout of the level 1.2660

 

[PaxForex]

Analysis on Facebook 2.02.2017

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 133.40
• Take Profit Level: 136.00 (260 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 129.20
• Take Profit Level: 128.50 (70 pips)



GOLD
Possible long position at the breakout of the level 1225.00

USDJPY
Possible short position in the breakdown of the level 112.20

USDCHF
Possible long position at the breakout of the level 0.9870

GBPUSD
Possible short position in the breakdown of the level 1.2560

 

[PaxForex]

Analysis on GBPAUD 3.02.2017

The price is below the moving average MA 200 and 20 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 1.6300
• Take Profit Level: 1.6200 (100 pips)


If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.6410
• Take Profit Level: 1.6480 (70 pips)
GOLD
Possible short position in the breakdown of the level 1225

EURUSD
Possible long position at the breakout of the level 1.0730

USDCHF
Possible short position in the breakdown of the level 0.9930

USDJPY
Possible short position in the breakdown of the level 112.50

 

[PaxForex]

Analysis on GOLD 6.02.2017

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 1225.50
• Take Profit Level: 1240.50 (1500 pips)


If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1218
• Take Profit Level: 1210 (800 pips)



EURUSD
Possible long position at the breakout of the level 1.0760

USDJPY
Possible short position in the breakdown of the level 112.20

USDCHF
Possible short position in the breakdown of the level 0.9900

GBPUSD
Possible short position in the breakdown of the level 1.2450