Analysis of JP MORGAN 31.07.2019The 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 117.10
• Take Profit Level: 119.00 (190 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 114.50
• Take Profit Level: 113.50 (100 pips)
USDJPY
A possible short position in the breakdown of the level 108.40
GOLD
A possible long position at the breakout of the level 1433.00
USDCHF
A possible long position at the breakout of the level 0.9920
EURUSD
A possible short position in the breakdown of the level 1.1130
