Forex Trading recommendation on CADJPY 7-04-2016 by AzaForex

The opportunities are endless with forex trading.
Yen rips all the currency pairs that are with her in cross. For many currency surrendered under the pressure the Japanese. The pair has not changed much in price, so there is a boost of energy to continue the movement. If the support level is broken, we join the bears.
 
The price is below a simple moving average 200 MA and 20 MA indicating bearish trend.
The MACD trend indicator is below zero level now, indicating bearish movement.
The oscillator Force Index is below zero level now, indicating the strength of bears.
 
If the support level is broken you can use the following recommendation:
•             Chart timeframe: H4
•             The trade recommendation: Sell
•             The level of entry into short position 82.80
•             The level of profit and close the position: 81.80 (100 pips)
 
 
Metal GOLD
Possible bullish movement in the breakout of the resistance level 1232
 
Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 108.40
 
Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4000
 
Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9520