PaxForex

PaxForex

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 1.8970 • Take Profit Level: 1.9170 (200 pips) If the...

PaxForex

Here are the key factors to keep in mind today for Euro trades: Italian Industrial New Orders and Industrial New Sales: Italian Industrial New Orders for August are predicted to increase by 1.9% monthly and to decrease by 2.6% annualized. Forex traders can compare this to Italian Industrial New Orders for July which decreased by 2.9% monthly and by 1.0%...

PaxForex

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 237.50 • Take Profit Level: 240.00 (250 pips) If the...

PaxForex

Here are the key factors to keep in mind today for Euro trades: French CPI: The French CPI for September decreased by 0.3% monthly and increased by 0.9% annualized. Economists predicted a decrease of 0.3% monthly and an increase of 0.9% annualized. Forex traders can compare this to the French CPI for August which increased by 0.5% monthly and by 1.0% annualized....

PaxForex

Here are the key factors to keep in mind today for British Pound trades: UK Jobless Claims Change and Claimant Count Rate: The UK Jobless Claims Change for September is predicted at 26.5K and the Claimant Count Rate is predicted at 3.3%. Forex traders can compare this to the UK Jobless Claims Change for August which was reported at 28.2K and to the Claimant Count...

PaxForex

Here are the key factors to keep in mind today for Euro trades: German Wholesale Price Index: The German Wholesale Price Index for September decreased by 0.4% monthly and by 1.9% annualized. Forex traders can compare this to the German Wholesale Price Index for August which decreased by 0.8% monthly and by 1.1% annualized. Eurozone Industrial Production: Eurozone...

PaxForex

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 2.0030 • Take Profit Level: 2.0200 (170 pips) If the...

PaxForex

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 134.65 • Take Profit Level: 135.65 (100 pips) If the...

PaxForex

Here are the key factors to keep in mind today for Euro trades: Final German CPI: The Final German CPI for September was reported flat at 0.0% monthly and increased by 1.2% annualized. Economists predicted a flat reading of 0.0% and an increase of 1.2%. Forex traders can compare this to the German CPI for August which decreased by 0.2% monthly and which increased...

PaxForex

Here are the key factors to keep in mind today for New Zealand Dollar trades: New Zealand Business Manufacturing PMI: The New Zealand Business Manufacturing PMI for September was reported at 48.4. Forex traders can compare this to the New Zealand Business Manufacturing PMI for August which was reported at 48.4. New Zealand Card Spending: New Zealand Retail Card...

PaxForex

Here are the key factors to keep in mind today for US Dollar trades: US CPI: The US CPI for September is predicted to increase by 0.1% monthly and by 1.8% annualized. Forex traders can compare this to the US CPI for August which increased by 0.1% monthly and by 1.7% annualized. The US Core CPI for September is predicted to increase by 0.2% monthly and by 2.4%...

PaxForex

Here are the key factors to keep in mind today for British Pound trades: UK RICS House Price Balance: The UK RICS House Price Balance for September decreased by 2.0% monthly. Economists predicted a decrease of 7.0% monthly. Forex traders can compare this to the UK RICS House Price Balance for August which decreased by 4.0%. UK Industrial Production and UK...

PaxForex

The price is below the moving average of 20 MA and MA 200, indicating the downward trend. MACD is below the zero level. The oscillator Force Index is below the zero levels. If the level of support is broken, you shall follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 19.4900 • Take Profit Level:...

PaxForex

The price is below the moving average of 20 MA and MA 200, indicating the downward trend. MACD is below the zero level. The oscillator Force Index is below the zero levels. If the level of support is broken, you shall follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 16.15 • Take Profit Level: 15.15...

PaxForex

Here are the key factors to keep in mind today for US Dollar trades: US JOLTS Job Openings: US JOLTS Job Openings for August a predicted at 7.191M. Forex traders can compare this to US JOLTS Job Openings for September which were reported at 7.217M. US Wholesale Inventories and Trade Sales: US Final Wholesale Inventories for August are predicted to increase by...

PaxForex

Here are the key factors to keep in mind today for Australian Dollar trades: Australian ANZ Roy Morgan Weekly Consumer Confidence Index: The Australian ANZ Roy Morgan Weekly Consumer Confidence Index for the week of October 6th was reported at 112.3. Forex traders can compare this to the Australian ANZ Roy Morgan Weekly Consumer Confidence Index for the week of...

PaxForex

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...

PaxForex

Here is the key factor to keep in mind today for Canadian Dollar trades: Canadian Housing Starts and Building Permits: Canadian Housing Starts for September are predicted at 217.5K. Forex traders can compare this to Canadian Housing Starts for August which were reported at 226.6K. Canadian Building Permits for August are predicted to increase by 1.2% monthly....