ADVERTISEMENT



Analysis on Oracle 17.03.2017 by PaxForex

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 47.00
• Take Profit Level: 49.00 (200 pips)


If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 45.00
• Take Profit Level: 45.20 (80 pips)



EURUSD
Possible long position at the breakout of the level 1.0780

USDJPY
Possible short position in the breakdown of the level 112.85

USDCHF
Possible short position in the breakdown of the level 0.9940

GBPUSD
Possible long position at the breakout of the level 1.2400

 

Source: www.paxforex.com

Read 870 times

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Newsletter Subscription Form

You are more than welcome to subscribe to our Newsletter and be among the first who get to hear about regular updates on forex and other related news, brokers' updates, websites' changes and more!
I agree with the Terms and conditions and the Privacy policy
Thank you!