Analysis on Oracle 8.09.2017



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 51.80
• Take Profit Level: 53.00 (120 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 51.20
• Take Profit Level: 50.60 (60 pips)

GOLD
Possible long position at the breakout of the level 1358.00

USDJPY
Possible short position in the breakdown of the level 107.50

USDCHF
Possible short position in the breakdown of the level 0.9410

GBPUSD
Possible long position at the breakout of the level 1.3150

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