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 228.00 • Take Profit Level: 232.00 (400 pips) If the...

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 17.350 • Take Profit Level:...

PaxForex

Here are the key factors to keep in mind today for US Dollar trades: US GDP: The Advanced US GDP for the second-quarter is predicted to increase by 2.0% annualized. Forex traders can compare this to the previous second-quarter GDP which increased by 2.0% annualized. Personal Consumption for the second-quarter is predicted to increase by 4.7% annualized. Forex...

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 8000.00 • Take Profit Level:...

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 1528.00 • Take Profit Level: 1555.00 (2700 pips) If the...

PaxForex

Here are the key factors to keep in mind today for Gold trades: Australian ANZ Roy Morgan Weekly Consumer Confidence Index: The Australian ANZ Roy Morgan Weekly Consumer Confidence Index for the week of September 22nd was reported at 110.1. Forex traders can compare this to the Australian ANZ Roy Morgan Weekly Consumer Confidence Index for the week of September...

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 0.6760 • Take Profit Level:...

PaxForex

Here are the key factors to keep in mind today for Euro trades: German PPI: The German PPI for August increased by 0.5% monthly and by 0.3% annualized. Economists predicted a decrease of 0.2% monthly and an increase of 0.6% annualized. Forex traders can compare this to the German PPI for July which increased by 0.1% monthly and by 1.1% annualized. Advanced...

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 1.7600 • Take Profit Level: 1.7800 (200 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 57.50 • Take Profit Level: 58.50 (100 pips) If the price...

PaxForex

Here are the key factors to keep in mind today for Australian Dollar trades: Australian Employment Report: The Australian Employment Change for August was reported at 34.7K. Economists predicted a figure of 15.0K. Forex traders can compare this to the Australian Employment Change for July which was reported at 36.4K. The Unemployment Rate for August was reported...

PaxForex

Here are the key factors to keep in mind today for British Pound trades: UK Retail Sales: UK Retail Sales for August are predicted to decrease by 0.3% monthly and to increase by 2.3% annualized. Forex traders can compare this to UK Retail Sales for July which increased by 0.2% monthly and by 2.9% annualized. UK Retail Sales Including Auto and Fuel for August are...

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 385.00 • Take Profit Level: 392.00 (700 pips) If the...

PaxForex

Here are the key factors to keep in mind today for US Dollar trades: US Housing Starts and Building Permits: US Housing Starts for August are predicted to increase by 5.0% monthly to 1,250K starts and Building Permits are predicted to decrease by 1.3% monthly to 1,300K permits. Forex traders can compare this to US Housing Starts for July which decreased by 4.0%...

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 July 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 June which decreased by 0.9% monthly and by 4.8% annualized....

PaxForex

Here is the key factor to keep in mind today for Euro trades: German ZEW Survey and Eurozone ZEW Survey: The German ZEW Survey Current Situation Index for September is predicted at -15.0 and the German ZEW Survey Economic Expectations Index at -38.0. Forex traders can compare this to the German ZEW Survey Current Situation Index for August which was reported at...

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 1.0990 • Take Profit Level:...

PaxForex

Here are the key factors to keep in mind today for Silver trades: New Zealand Performance of Services Index: The New Zealand Performance of Services Index for August was reported at 54.6. Forex traders can compare this to the New Zealand Performance of Services Index for July which was reported at 54.8. UK Rightmove House Prices: UK Rightmove House Prices for...