Analysis on DISNEY 7.11.2017

Written by: PaxForex analytics dept - Tuesday, 07 November 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 100.90
• Take Profit Level: 102.70 (180 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 99.40
• Take Profit Level: 99.00 (40 pips)

GOLD
Possible long position at the breakout of the level 1282.70

USDJPY
Possible long position at the breakout of the level 114.40

USDCHF
Possible long position at the breakout of the level 1.0020

GBPUSD
Possible long position at the breakout of the level 1.3180

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