Daily Signals, Fundamental Analysis and Recommendations from PaxForex

[PaxForex]

Analysis on Apple 7.02.2017

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 130.50
• Take Profit Level: 132.50 (200 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 127.00
• Take Profit Level: 126.30 (70 pips)



GOLD
Possible long position at the breakout of the level 1235.50

USDJPY
Possible long position at the breakout of the level 112.40

USDCHF
Possible long position at the breakout of the level 1.0000

GBPUSD
Possible short position in the breakdown of the level 1.2340

 

[PaxForex]

Analysis on Exxon Mobil for 8.02.2017

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: 82.25
• Take Profit Level: 80.00 (225 pips)


If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position: 83.65
• Take Profit Level: 84.45 (80 pips)
GOLD
Possible long position at the breakout of the level 1241

EURUSD
Possible short position in the breakdown of the level 1.0630

USDCHF
Possible short position in the breakdown of the level 0.9950

USDJPY
Possible short position in the breakdown of the level 111.50

 

[PaxForex]

Analysis on TeslaMotor 10.02.2017

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: 271.35
• Take Profit Level: 282.00 (1065 pips)


If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position: 266.50
• Take Profit Level: 263.50 (300 pips)
GOLD
Possible short position in the breakdown of the level 1221.30

EURUSD
Possible short position in the breakdown of the level 1.0620

USDCHF
Possible long position at the breakout of the level 1.0050

USDJPY
Possible long position at the breakout of the level 113.90

 

[PaxForex]

Analysis on GBPСAD 15.02.2017

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 1.6210
• Take Profit Level: 1.6000 (210 pips)


If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.6340
• Take Profit Level: 1.6410 (70 pips)
GOLD
Possible long position at the breakout of the level 1231

EURUSD
Possible short position in the breakdown of the level 1.0530

USDCHF
Possible long position at the breakout of the level 1.0100

USDJPY
Possible long position at the breakout of the level 114.60

 

[PaxForex]

Analysis on Boeing 16.02.2017

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 170.00
• Take Profit Level: 173.00 (300 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 168.00
• Take Profit Level: 167.00 (100 pips)



GOLD
Possible long position at the breakout of the level 1239

USDJPY
Possible short position in the breakdown of the level 113.40

USDCHF
Possible short position in the breakdown of the level 1.0000

GBPUSD
Possible long position at the breakout of the level 1.2530

 

[PaxForex]

Analysis on Amazon 17.02.2017

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 847.40
• Take Profit Level: 860.00 (1260 pips)


If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 841.00
• Take Profit Level: 839.00 (200 pips)



EURUSD
Possible long position at the breakout of the level 1.0680

USDJPY
Possible short position in the breakdown of the level 112.60

USDCHF
Possible short position in the breakdown of the level 0.9960

GBPUSD
Possible short position in the breakdown of the level 1.2380

 

[PaxForex]

Analysis on Cisco 20.02.2017

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 34.00
• Take Profit Level: 35.00 (100 pips)


If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 33.40
• Take Profit Level: 33.00 (40 pips)



EURUSD
Possible short position in the breakdown of the level 1.0600

USDJPY
Possible short position in the breakdown of the level 112.60

USDCHF
Possible long position at the breakout of the level 1.0050

GBPUSD
Possible long position at the breakout of the level 1.2480

 

[PaxForex]

Analysis on GOLD 22.02.2017

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 1239.00
• Take Profit Level: 1249.50 (1000 pips)


If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1233
• Take Profit Level: 1227 (600 pips)



EURUSD
Possible short position in the breakdown of the level 1.0480

USDJPY
Possible short position in the breakdown of the level 112.90

USDCHF
Possible long position at the breakout of the level 1.0140

GBPUSD
Possible short position in the breakdown of the level 1.2390

 

[PaxForex]

Analysis on GBPCHF 23.02.2017

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 1.2660
• Take Profit Level: 1.2800 (140 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.2550
• Take Profit Level: 1.2500 (50 pips)



GOLD
Possible long position at the breakdown level 1240

USDJPY
Possible short position at the breakdown level 112.80

USDCHF
Possible long position at the breakdown level 1.0140

GBPUSD
Possible long position at the breakdown level 1.2500

 

[PaxForex]

Analysis on USDJPY 24.02.2017

The price is below the moving average MA 200 and 20 MA, indicating the downward trend.
The 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 112.50
• Take Profit Level: 111.50 (100 pips)

If the price rebound from support level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 113.00
• Take Profit Level: 113.60 (60 pips)


GOLD
Possible long position at the breakout level 1255.00

GBPUSD
Possible long position at the breakout level 1.2570

EURUSD
Possible short position in the breakdown of the level 1.0560

USDCHF
Possible short position in the breakdown of the level 1.0040

 

[PaxForex]

Analysis on USDCAD 28.02.2017

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 1.3195
• Take Profit Level: 1.3295 (100 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.3160
• Take Profit Level: 1.3100 (60 pips)



GOLD
Possible long position at the breakout of the level 1255

EURUSD
Possible long position at the breakout of the level 1.0610

USDCHF
Possible short position in the breakdown of the level 1.0030

GBPUSD
Possible long position at the breakout of the level 1.2480

 

[PaxForex]

Analysis on AUDNZD 1.03.2017

The price above 20 MA and 200 MA, indicating a growing trend.
The MACD is above the zero level.
The oscillator Force Index is above the zero level.

If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.0770
• Take Profit Level: 1.0870 (100 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.0740
• Take Profit Level: 1.0670 (70 pips)



GOLD
Possible short position at the breakdown level 1241

USDJPY
Possible long position at the breakout level 113.90

EURUSD
Possible short position at the breakdown level 1.0520

GBPUSD
Possible short position at the breakdown level 1.2320

 

[PaxForex]

Analysis on Apple 6.03.2017

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 140.10
• Take Profit Level: 141.60 (150 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 138.30
• Take Profit Level: 137.60 (70 pips)



GOLD
Possible short position in the breakdown of the level 1228.00

USDJPY
Possible short position in the breakdown of the level 113.50

USDCHF
Possible long position at the breakout of the level 1.0110

GBPUSD
Possible short position in the breakdown of the level 1.2240

 

[PaxForex]

Analysis on GBPJPY 7.03.2017

The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
Average in the MACD came out of the histogram.
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 138.80
• Take Profit Level: 137.80 (100 pips)

If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 139.60
• Take Profit Level: 140.2 (60 pips)

GOLD
Possible short position at the breakdown level 1222

GBPUSD
Possible short position at the breakdown level 1.2180

EURUSD
Possible long position at the breakout level 1.0600

USDCHF
Possible long position at the breakout level 1.0160

 

[PaxForex]

Analysis on Johnson and Johnson 10.03.2017

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 126.20
• Take Profit Level: 128.20 (200 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 124.50
• Take Profit Level: 123.80 (70 pips)



GOLD
Possible short position in the breakdown of the level 1194.00

USDJPY
Possible long position at the breakout of the level 115.50

USDCHF
Possible short position in the breakdown of the level 1.0090

GBPUSD
Possible short position in the breakdown of the level 1.2130

 

[PaxForex]

Analysis on AUDNZD 13.03.2017

The price above 20 MA and 200 MA, indicating a growing trend.
The MACD is above the zero level.
The oscillator Force Index is above the zero level.

If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.0930
• Take Profit Level: 1.1030 (100 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.0850
• Take Profit Level: 1.0780 (70 pips)



GOLD
Possible short position at the breakdown level 1211

USDJPY
Possible short position at the breakdown level 114.40

EURUSD
Possible long position at the breakout level 1.0720

GBPUSD
Possible long position at the breakout level 1.2240

 

[PaxForex]

Analysis on GBPAUD 14.03.2017

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 1.5990
• Take Profit Level: 1.5830 (160 pips)


If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.6170
• Take Profit Level: 1.6240 (70 pips)
GOLD
Possible short position in the breakdown of the level 1200

EURUSD
Possible short position in the breakdown of the level 1.0730

USDCHF
Possible long position at the breakout of the level 1.0100

USDJPY
Possible long position at the breakout of the level 115.20

 

[PaxForex]

GBPUSD Fundamental Analysis – March 23rd 2017

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

• UK Retail Sales: UK Retail Sales for February are predicted to increase by 0.3% monthly and by 3.2% annualized. Forex traders can compare this to UK Retail Sales for January which decreased by 0.2% monthly and which increased by 2.6% annualized. UK Retail Sales Including Auto and Fuel for February are predicted to increase by 0.4% monthly and increased by 2.6% annualized. Forex traders can compare this to UK Retail Sales Including Auto and Fuel for January which decreased by 0.3% monthly and which increased by 1.5% annualized.
• UK CBI Retailing Reported Sales and UK CBI Total Distributive Reported Sales: UK CBI Retailing Reported Sales for March are predicted at 4 and UK CBI Total Distributive Reported Sales are predicted at 20. Forex traders can compare this to UK CBI Retailing Reported Sales for February which were reported at 9 and to UK CBI Total Distributive Reported Sales which were reported at 25.

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

• US Initial Jobless Claims and Continuing Claims: US Initial Jobless Claims for the week of March 18th are predicted at 240K and US Continuing Claims for the week of March 11th are predicted at 2035K. Forex traders can compare this to US Initial Jobless Claims for the week of March 11th which were reported at 241K and US Continuing Claims for the week of March 4th which were reported at 2,030K.
• US New Home Sales: US New Home Sales for February are predicted to increase by 2.0% monthly to 566K new homes. Forex traders can compare this to US New Home Sales for January which increased by 3.7% monthly to 555K new homes.
• US Kansas City Fed Manufacturing Activity Index: The US Kansas City Fed Manufacturing Activity Index for March is predicted at 14. Forex traders can compare this to the US Kansas City Fed Manufacturing Activity Index for February which was reported at 14.

Should price action for the GBPUSD remain inside the or breakout above the 1.2450 to 1.2500 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 1.2475
• Take Profit Zone: 1.2750 – 1.2800
• Stop Loss Level: 1.2350

Should price action for the GBPUSD breakdown below 1.2450 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 1.2400
• Take Profit Zone: 1.2100 – 1.2200
• Stop Loss Level: 1.2500