Analysis of USDTRY 8.10.2019
The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 5.8500
• Take Profit Level: 5.9000 (500 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 5.7900
• Take Profit Level: 5.7600 (300 pips)
USDJPY
A possible short position in the breakdown of the level 107.00
GOLD
A possible long position at the breakout of the level 1505.00
USDCHF
A possible short position in the breakdown of the level 0.9910
EURUSD
A possible long position at the breakout of the level 1.1000
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 5.8500
• Take Profit Level: 5.9000 (500 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 5.7900
• Take Profit Level: 5.7600 (300 pips)
USDJPY
A possible short position in the breakdown of the level 107.00
GOLD
A possible long position at the breakout of the level 1505.00
USDCHF
A possible short position in the breakdown of the level 0.9910
EURUSD
A possible long position at the breakout of the level 1.1000
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