Analysis of USDZAR 5.09.2018

5 wrz 2018

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 15.7000
• Take Profit Level: 16.1000 (4000 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 15.4000
• Take Profit Level: 15.2000 (2000 pips)



GOLD
Possible short position in the breakdown of the level 1189.00

USDJPY
Possible long position at the breakout of the level 111.70

USDCHF
Possible long position at the breakout of the level 0.9770

GBPUSD
Possible short position in the breakdown of the level 1.2790