Analysis of EURZAR 31.10.2019The 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 16.9600
• Take Profit Level: 17.1500 (1900 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 16.7800
• Take Profit Level: 16.7300 (500 pips)
USDJPY
A possible short position in the breakdown of the level 108.20
GOLD
A possible long position at the breakout of the level 1506.00
USDCHF
A possible short position in the breakdown of the level 0.9860
EURUSD
A possible long position at the breakout of the level 1.1180
