Forex Analysis from PaxForex

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PaxForex

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Dec 21, 2018
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#2
Analysis of EURNZD 27.12.2018
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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 1.7000
• Take Profit Level: 1.7120 (120 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.6840
• Take Profit Level: 1.6790 (50 pips)



USDJPY
Possible short position in the breakdown of the level 110.70

GOLD
Possible long position at the breakout of the level 1273.00

USDCHF
Possible long position at the breakout of the level 0.9960

GBPUSD
Possible short position in the breakdown of the level 1.2620

PaxForex
 
P

PaxForex

New member
Dec 21, 2018
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#3
📣 Three Key Themes for 2019 📣

Happy New Year! As traders will take a break from trading today due to the markets being closed, many will start to prepare their portfolios for the 2019 trading year which will kick off tomorrow. The following four themes are very likely to have an impact on price action across asset classes and every forex traders need to remain informed about them. One key area of focus will be the US-China trade war. Ripple effects have been felt around the global economy already and are likely to continue until it will be resolved. There is a chance that both sides will agree to reverse the announced tariffs this year, but traders should not expect a quick resolution.

Here are three forex trades which will help you start 2019 on a profitable note ⬇️⬇️⬇️
GET THE DETAILS
 

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