Daily technical analysis by PaxForex

[PaxForex]

Analysis on Google 11.10.2016

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 790
• Take Profit Level: 810 (2000 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 780
• Take Profit Level: 785 (500 pips)



GOLD
Possible short position in the breakdown of the level 1251

USDJPY
Possible long position at the breakout of the level 104.20

USDCHF
Possible long position at the breakout of the level 0.9880

GBPUSD
Possible short position in the breakdown of the level 1.2240

 

[PaxForex]

Analysis on Alcoa 12.10.2016

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: 27.80
• Take Profit Level: 25.00 (280 pips)

If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 30.00
• Take Profit Level: 31.00 (100 pips)

GOLD
Possible short position at the breakdown level 1252

GBPUSD
Possible short position at the breakdown level 1.2050

EURUSD
Possible short position at the breakdown level 1.1000

USDCHF
Possible long position at the breakdown level 0.9900

 

[PaxForex]

Analysis on Apple 25.10.2016

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 118.70
• Take Profit Level: 121.00 (230 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 116.00
• Take Profit Level: 115.00 (100 pips)



GOLD
Possible long position at the breakout of the level 1275

USDJPY
Possible long position at the breakout of the level 104.65

USDCHF
Possible long position at the breakout of the level 0.9960

GBPUSD
Possible short position in the breakdown of the level 1.2160