GBPCAD Fundamental Analysis – January 18th 2019

18 Jan. 2019
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 0.7180
Take Profit Level: 0.7280 (100 pips)

If the price rebound from resistance level, you should follow recommendations below:

Timeframe: H4
Recommendation: Short Position
Entry Level: Short Position 0.7120
Take Profit Level: 0.7060 (60 pips)

USDJPY 

Possible long position at the breakout of the level 109.60

EURUSD 

Possible short position in the breakdown of the level 1.1370

AUDCHF

Possible long position at the breakout of the level 0.9960

GBPUSD

Possible long position at the breakout of the level 1.3000
Click here to deposit funds and start trading
IF YOU WANT TO BE THE FIRST TO GET OUR FORECASTS 
JOIN OUR TELEGRAM CHANNEL:

Risk Warning: Forex and CFD trading carry a high degree of risk. As such they may not be suitable for all investors. Investors should ensure they fully understand the risks associated with CFD trading before deciding to trade. Investors may choose to seek independent advice and should not risk more than they are prepared to lose.

No comments:

Post a Comment