Day trading strategies on currency pair AUDCAD 28-07-2016 by AzaForex forex broker, exchange trading requires

Easy ways to begin making money now by trading foreign exchange.
The price movement of the currency pair Australian and Canadian dollar is more like a ride roller coaster. Price either flies  up or with the same speed and the amplitude falls down. These fluctuations in the Forex market prices always give a good opportunity for earning to all the participants of the currency market. Traders will not sit on long positions but take profits from the trading strategies within the day. This currency pair at the terminals of all Forex brokers shows a strong level of resistance was met on the way. And now we again swing up with the bulls. If bulls are full of optimism and they have the strength, then this resistance level is broken, in which case we go to the foreign exchange market and open a long position on the trend. Lets assume, that the pendulum may make a few approaches to the level before you go further, but we like the professional traders must always be patient, to sit and wait for the best entry in the position and the maximum earnings in trading.

The price is above a simple moving average 200 MA and 20 MA indicating bullish trend.
The MACD trend indicator is above zero level now, indicating bullish movement.

If the resistance level is broken you can use the following recommendation:
•    Chart timeframe: H4
•    The trade recommendation: Buy
•    The level of entry into long position: 0.9975
•    The level of profit and close the position: 1.0075 (100 pips)

Metal GOLD 
Possible bullish movement in the breakout of the resistance level 1343

Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.3060

Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9820

Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1120