Analysis of AUDJPY 22.05.2018

Written by: PaxForex analytics dept - Tuesday, 22 May 2018


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 84.500
• Take Profit Level: 85.500 (100 pips)


If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 84.000
• Take Profit Level: 83.400 (60 pips)



GOLD
Possible long position at the breakout of the level 1296.50

USDJPY
Possible long position at the breakout of the level 111.20

USDCHF
Possible long position at the breakout of the level 1.0000

GBPUSD
Possible long position at the breakout of the level 1.3490

Get Bonus No Deposite in your Trading Account now and add this currency pair to your forex portfolio, enjoy your trading with us!

    
    

  

    Bonus 1000% Up To $100            WELCOME 30 USD

No comments:

Post a Comment