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Technical Analysis
PaxForex: Daily Recommendations on Major
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[QUOTE="PaxForex, post: 167728, member: 31371"] "Trade With Passion" is our motto. We developed our broker for you with the passion for trading. We believe that you are one of those, who want only best trading conditions and who are passionate about Forex as we are. We know all your trading needs and we will do our best to satisfy you with our service. We do not want to be your next "good" broker, we will be your the best trading experience you ever had. _____ [SIZE=6][B]Analysis of GOOGLE 29.07.2019[/B][/SIZE] [IMG]https://paxforex.com/sites/default/files/google-29-07-19en.jpg[/IMG] 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 1268.00 • Take Profit Level: 1288.00 (2000 pips) If the price rebound from resistance level, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 1240.00 • Take Profit Level: 1235.00 (500 pips) USDJPY A possible long position at the breakout of the level 108.80 GOLD A possible long position at the breakout of the level 1425.00 USDCHF A possible short position in the breakdown of the level 0.9910 EURUSD A possible short position in the breakdown of the level 1.1110 [URL]https://paxforex.com/forex-analysis/GOOGLE-29-07-2019[/URL] [/QUOTE]
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