Analysis on Intel 3.10.2017

Tuesday, 03 October 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 39.05
• Take Profit Level: 40.00 (95 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 38.20
• Take Profit Level: 37.60 (60 pips)

GOLD
Possible short position at the breakdown level 1267.00

GBPUSD
Possible short position at the breakdown level 1.3220

EURUSD
Possible short position at the breakdown level 1.1690

USDCHF
Possible long position at the breakout level 0.9790

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