Daily Signals, Fundamental Analysis and Recommendations from PaxForex

[PaxForex]

Analysis on NZDUSD 2.08.2016

The price above 20 MA and 200 MA, indicating a growing trend.
The MACD is above the zero level, average came out of the histogram.
The oscillator Force Index is above the zero level.

If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 0.7230
• Take Profit Level: 0.7320 (90 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.7160
• Take Profit Level: 0.7100 (60 pips)



GOLD
Possible long position at the breakout level 1361

USDJPY
Possible short position at the breakdown level 101.30

EURUSD
Possible long position at the breakout level 1.1210

GBPUSD
Possible short position at the breakdown level 1.3060

 

[PaxForex]

Analysis on AUDCAD 4.08.2016

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 0.9980
• Take Profit Level: 1.0075 (95 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.9900
• Take Profit Level: 0.9820 (80 pips)



GOLD
Possible short position in the breakdown of the level 1348

EURUSD
Possible short position in the breakdown of the level 1.1100

USDCHF
Possible long position at the breakout of the level 0.9750

GBPUSD
Possible short position in the breakdown of the level 1.3260

 

[PaxForex]

What you could earn on Forex in July 2016

Here what could be earned by following our recommendations in the Forex market? We offer you a detailed report on the results of our analysts in July.
Clients who had received our signals and got the next result + 730 points in Jule, i.e. when trading 1 lot, your profit would have been $ 7 300!
If opened positions will be closed further recommended target, in result catching all price actions. It could significantly increase profits up to 540 points. It's mean trading only with 1 lot, can help you make $ 5 400 more!
The recommended size of the deposit to trade 1 lot:
- The aggressive style of trading from $ 5 000,
- The conservative style 20 000 $.

For clients with a smaller amount of the Deposit, it is recommended to reduce the position size proportionally, choosing the suitable style of trading. So, when you Deposit $ 500 with the aggressive style of trading, the recommended size is 0.1 lot position. When you Deposit $ 2,000 for a conservative style position size 0.1 lot.
In this case, the profit for July would be $ 730.

More:
[URL deleted]

 

[PaxForex]

Analysis on EURGBP 5.08.2016

The price above 20 MA and 200 MA, indicating a growing trend.
The MACD 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 0.8500
• Take Profit Level: 0.8600 (100 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.8450
• Take Profit Level: 0.8370 (80 pips)



GOLD
Possible long position at the breakout of the level 1367

USDJPY
Possible short position at the breakdown level 100.60

USDCHF
Possible long position at the breakout of the level 0.9755

GBPUSD
Possible short position at the breakdown level 1.3100

 

[PaxForex]

Analysis on GBPAUD 8.08.2016

The price is below the moving average MA 200 and 20 MA, indicating the downward trend.
Average in the MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the price rebound from resistance level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.7045
• Take Profit Level: 1.6800 (245 pips)


If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.7230
• Take Profit Level: 1.7300 (70 pips)
GOLD
Possible short position in the breakdown of the level 1328

EURUSD
Possible short position in the breakdown of the level 1.1040

USDCHF
Possible long position at the breakout of the level 1.1040

USDJPY
Possible long position at the breakout of the level 102.50

 

[PaxForex]

Analysis on AUDUSD 9.08.2016

The price above 20 MA and 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 0.7675
• Take Profit Level: 0.7800 (125 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.7620
• Take Profit Level: 0.7550 (70 pips)


GOLD
Possible short position in the breakdown of the level 1329

EURUSD
Possible long position at the breakout of the level 1.1045

USDCHF
Possible short position in the breakdown of the level 0.9840

GBPUSD
Possible short position in the breakdown of the level l 1.2950

 

[PaxForex]

GBPUSD Fundamental Analysis – August 9th 2016

Here are the key factors to keep in mind today for British Pound trades:

• British Industrial Production and British Manufacturing Production: British Industrial Production for June is predicted to increase by 0.1% monthly and by 1.6% annualized. Forex traders can compare this to British Industrial Production for May which decreased by 0.5% monthly and which increased by 1.4% annualized. British Manufacturing Production for June is predicted to decrease by 0.2% monthly and to increase by 1.3% annualized. Forex traders can compare this to British Manufacturing Production for May which decreased by 0.5% monthly and which increased by 1.7% annualized.
• British Trade Balance: The British Visible Trade Balance for June is predicted at -£10.075B. Forex traders can compare this to the British Visible Trade Balance for May which was reported at -£9.879B. The British Trade Balance Non EU for June is predicted at -£2.563B. Forex traders can compare this to the British Trade Balance Non EU for May which was reported at -£2.566B. The British Total Trade Balance for June is predicted at -£2.550B. Forex traders can compare this to the British Total Trade Balance for May which was reported at -£2.263B.
• British NIESR GDP Estimate: The British NIESR GDP Estimate for July is predicted to increase by 0.4% monthly. Forex traders can compare this to the British NIESR GDP Estimate for June which increased by 0.6% monthly.

Here are the key factors to keep in mind today for US Dollar trades:

• US NFIB Small Business Optimism Index: The US NFIB Small Business Optimism Index for July is predicted at 94.5. Forex traders can compare this to the NFIB Small Business Optimism Index for June which was reported at 94.5.
• US Non-Farm Productivity and Unit Labor Costs: Preliminary US Non-Farm Productivity for the second-quarter is predicted to increase by 0.5% quarterly and Unit Labor Costs by 1.8% quarterly. Forex traders can compare this to US Non-Farm Productivity for the first-quarter which decreased by 0.6% quarterly and to Unit Labor Costs which increased by 4.5% quarterly.
• US Wholesale Inventories and Wholesale Trade Sales: US Wholesale Inventories for June are predicted flat at 0.0% monthly and Wholesale Trade Sales to increase by 0.5% monthly. Forex traders can compare this to US Wholesale Inventories for May which increased by 0.1% monthly and to Wholesale Trade Sales which increased by 0.5% monthly.

Should price action for the GBPUSD remain inside the or breakout above the 1.2975 to 1.3025 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 1.3000
• Take Profit Zone: 1.3900 – 1.4000
• Stop Loss Level: 1.2800

Should price action for the GBPUSD breakdown below 1.2975 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 1.2925
• Take Profit Zone: 1.2700 – 1.2800
• Stop Loss Level: 1.3025

 

[PaxForex]

Analysis on GBPCHF 10.08.2016

The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
Average in the MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the price rebound from resistance level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.2730
• Take Profit Level: 1.2500 (230 pips)

If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.2820
• Take Profit Level: 1.2900 (80 pips)

GOLD
Possible long position at the breakdown level 1355

GBPUSD
Possible short position at the breakdown level 1.2950

EURUSD
Possible long position at the breakdown level 1.1190

USDCHF
Possible short position at the breakdown level 0.9760

 

[PaxForex]

Analysis on EURGBP 12.08.2016

The price above 20 MA and 200 MA, indicating a growing trend.
The MACD 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 0.8630
• Take Profit Level: 0.8760 (130 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.8580
• Take Profit Level: 0.8500 (80 pips)


GOLD
Possible long position at the breakout of the level 1342

USDJPY
Possible long position at the breakout of the level 102.30

USDCHF
Possible short position at the breakdown level 0.9700

GBPUSD
Possible short position at the breakdown level 1.2930

 

[PaxForex]

Analysis on USDCHF 16.08.2016

The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
Average in the MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the price rebound from resistance level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.9630
• Take Profit Level: 0.9540 (90 pips)

If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 0.9670
• Take Profit Level: 0.9740 (70 pips)

GOLD
Possible long position at the breakout level 1351

GBPUSD
Possible long position at the breakout level 1.2940

USDJPY
Possible short position at the breakdown level 100.00

EURUSD
Possible long position at the breakout level 1.1280

 

[PaxForex]

Analysis on AUDJPY 17.08.2016

The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
Average in the MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the price rebound from resistance level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 76.45
• Take Profit Level: 75.00 (145 pips)

If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 77.60
• Take Profit Level: 78.30 (70 pips)

GOLD
Possible short position at the breakdown level 1332

GBPUSD
Possible short position at the breakdown level 1.2980

USDJPY
Possible short position at the breakdown level 100.60


EURUSD
Possible long position at the breakout level 1.1322

 

[PaxForex]

Gold Fundamental Analysis – August 17th 2016

Here are the key factors to keep in mind today for Gold trades:

• New Zealand Producer Prices: New Zealand Producer Prices Inputs for the second-quarter increased by 0.9% quarterly and New Zealand Producer Prices Outputs increased by 0.2% quarterly. Forex traders can compare this to New Zealand Producer Prices Inputs for the first-quarter which decreased by 1.0% quarterly and to New Zealand Producer Prices Outputs which decreased by 0.2% quarterly.
• New Zealand Employment Data: The Unemployment Rate for the second-quarter was reported at 5.1%. Economists predicted an Unemployment Rate of 5.3%. Forex traders can compare this to the Unemployment Rate for the first-quarter which was reported at 5.2%. The Employment Change for the second-quarter increased by 2.4% quarterly and by 4.5% annualized. Economists predicted an increase of 0.6% quarterly and 2.3% annualized. Forex traders can compare this to the Employment Change for the first-quarter which increased by 1.3% quarterly and 2.0% annualized. The Participation Rate for the second-quarter was reported at 69.7% quarterly. Economists predicted a Participation Rate of 68.8% quarterly. Forex traders can compare this to the Participation Rate for the first-quarter which was reported at 69.0% quarterly.
• Australian Westpac Leading Index: The Australian Westpac Leading Index for July increased by 0.05% monthly. Forex traders can compare this to the Australian Westpac Leading Index for June which decreased by 0.22%.
• Australian Wage Cost Index: The Australian Wage Cost Index for the second-quarter increased by 05% quarterly and by 2.1% annualized. Economists predicted an increase of 0.5% quarterly and 2.0% annualized. Forex traders can compare this to the Australian Wage Cost Index for the first-quarter which increased by 0.5% quarterly and 2.1% annualized.
• UK Jobless Claims Change and Claimant Count Rate: UK Jobless Claims Change for July was reported at -8.6K and the Claimant Count Rate was reported at 2.2%. Economists predicted a reading of 9.0K and 2.2%. Forex traders can compare this to UK Jobless Claims Change for for June which was reported at 0.4K and the Claimant Count Rate which was reported at 2.2%.
• UK Employment Change, ILO Unemployment Rate and Average Weekly Earnings: The UK Employment Change for the tri-monthly period ending in June was reported at 172K and the ILO Unemployment Rate at 4.9%. Economists predicted a reading of 153K and 4.9%. Forex traders can compare this to the UK Employment Change for May which was reported at 176K and to the ILO Unemployment Rate which was reported at 4.9%. Average Weekly Earnings for the tri-monthly period ending in June increased by 2.4% annualized and Average Weekly Earnings Excluding Bonuses increased by 2.3% annualized. Economists predicted an increase of 2.4% and of 2.3%. Forex traders can compare this to Average Weekly Earnings for May which increased by 2.3% and Average Weekly Earnings Excluding Bonuses which increased by 2.2%.

Should price action for Gold remain inside the or breakdown below the 1,340.00 to 1,350.00 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 1,345.00
• Take Profit Zone: 1,200.00 – 1,210.00
• Stop Loss Level: 1,380.00

Should price action for Gold breakout above 1,350.00 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 1,360.00
• Take Profit Zone: 1,380.00 – 1,400.00
• Stop Loss Level: 1,340.00

 

[PaxForex]

Analysis on EURAUD 18.08.2016

The price above 20 MA and 200 MA, indicating a growing trend.
The MACD is above the zero line.
The oscillator Force Index is below the zero line.

If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.4800
• Take Profit Level: 1.4900 (100 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.4660
• Take Profit Level: 1.4600 (60 pips)



GOLD
Possible long position at the breakdown level 1357

EURUSD
Possible long position at the breakdown level 1.1340

USDCHF
Possible short position at the breakdown level 0.9570

GBPUSD
Possible long position at the breakdown level 1.3180

 

[PaxForex]

Analysis on USDCHF 19.08.2016

The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
Average in the MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the price rebound from resistance level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.9530
• Take Profit Level: 0.9450 (80 pips)

If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 0.9600
• Take Profit Level: 0.9650 (50 pips)

GOLD
Possible long position at the breakout level 1356

GBPUSD
Possible short position at the breakdown level 1.3080

USDJPY
Possible short position at the breakdown level 99.50


EURUSD
Possible long position at the breakout level 1.1365

 

[PaxForex]

Analysis on USDJPY 23.08.2016

The price is below the moving average MA 200 and 20 MA, indicating the downward trend.
The MACD is below the zero level.
The oscillator Force Index is below zero level.

If the level of support is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 99.50
• Take Profit Level: 98.50 (100 pips)

If the price rebound from support level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 100.90
• Take Profit Level: 101.60 (70 pips)


GOLD
Possible long position at the breakout level 1344

GBPUSD
Possible long position at the breakout level 1.3220

EURUSD
Possible long position at the breakout level 1.1370

USDCHF
Possible short position in the breakdown of the level 0.9590

 

[PaxForex]

Analysis on GOLD 25.08.2016

The price is below the moving average 20 MA and MA 200, indicating the downward trend.
MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the level of support is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1323
• Take Profit Level: 1311 (1200 pips)

If the price rebound from support level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1328
• Take Profit Level: 1334 (600 pips)


GBPUSD
Possible short position in the breakdown of the level 1.3150

EURUSD
Possible long position at the breakdown level 1.1300

USDCHF
Possible short position in the breakdown of the level 0.9630

USDJPY
Possible short position in the breakdown of the level 0.9630

 

[PaxForex]

Analysis on AUDNZD 26.08.2016

The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
Average in the MACD is at the zero level.
The oscillator Force Index is below the zero level.

If the price rebound from resistance level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.0390
• Take Profit Level: 1.0300 (90 pips)

If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.0450
• Take Profit Level: 1.0500 (50 pips)

GOLD
Possible short position at the breakdown level 1327

GBPUSD
Possible short position at the breakdown level 1.3270

USDJPY
Possible long position at the breakout level 100.20


USDCHF
Possible long position at the breakout level 0.9640

 

[PaxForex]

Analysis on AUDUSD 30.08.2016

The price is below the moving average MA 200 and 20 MA, indicating the downward trend.
The MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the price rebound from resistance level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.7520
• Take Profit Level: 0.7430 (90 pips)

If the level of resistance is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 0.7580
• Take Profit Level: 0.7640 (60 pips)

GOLD
Possible short position in the breakdown of the level 1314

EURUSD
Possible short position in the breakdown of the level 1.1155

USDCHF
Possible long position at the breakout of the level 0.9815

USDJPY
Possible long position at the breakout of the level 102.50

 

[PaxForex]

Analysis on GOLD 31.08.2016

The price is below the moving average 20 MA and MA 200, indicating the downward trend.
MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the level of support is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1309
• Take Profit Level: 1297 (1200 pips)

If the price rebound from support level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1316
• Take Profit Level: 1320 (600 pips)


GBPUSD
Possible long position at the breakdown level 1.3165

EURUSD
Possible short position in the breakdown of the level 1.1120

USDCHF
Possible long position at the breakdown level 0.9850

USDJPY
Possible long position at the breakdown level 103.40

 

[PaxForex]

GBPAUD Fundamental Analysis – September 7th 2016

Here are the key factors to keep in mind today for British Pound trades:

• British Halifax House Price Index: The British Halifax House Price Index for August decreased by 0.2% monthly and increased by 6.9% tri-monthly annualized. Economists predicted a decrease of 0.1% monthly and an increase of 7.0% tri-monthly annualized. Forex traders can compare this to the British Halifax House Price Index for July which decreased by 1.0% monthly and which increased by 8.4% tri-monthly annualized.
• British Industrial Production and British Manufacturing Production: British Industrial Production for July is predicted to decrease by 0.2% monthly and to increase by 1.9% annualized. Forex traders can compare this to British Industrial Production for June which increased by 0.1% monthly and by 1.6% annualized. British Manufacturing Production for July is predicted to decrease by 0.3% monthly and to increase by 1.7% annualized. Forex traders can compare this to British Manufacturing Production for June which decreased by 0.3% monthly and which increased by 0.9% annualized.
• British NIESR GDP Estimate: The British NIESR GDP Estimate for August is predicted to increase by 0.3% monthly. Forex traders can compare this to the British NIESR GDP Estimate for July which increased by 0.3% monthly.

Here are the key factors to keep in mind today for Australian Dollar trades:

• Australian AiG Performance of Construction Index: The Australian AiG Performance of Construction Index for August was reported at 46.6. Forex traders can compare this to the Australian AiG Performance of Services Index for July which was reported at 51.6.
• Australian GDP: The Australian GDP for the second-quarter increased by 0.5% quarterly and by 3.3% annualized. Economists predicted an increase of 0.6% quarterly and of 3.3% annualized. Forex traders can compare this to the Australian GDP for the first-quarter which increased by 1.0% quarterly and by 3.0% annualized.

Should price action for the GBPAUD remain inside the or breakout above the 1.7500 to 1.7550 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 1.7525
• Take Profit Zone: 1.8300 – 1.8500
• Stop Loss Level: 1.7375

Should price action for the GBPAUD breakdown below 1.7500 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 1.7450
• Take Profit Zone: 1.7000 – 1.7100
• Stop Loss Level: 1.7500