Forex Trading recommendation on EURAUD 15-06-2016 by AzaForex forex broker, trading system, forex indicators, stock market trading company

Successful forex trading secrets for better trades.
A few days the course of the currency pair is in a narrow range. The Euro could not oppose to the increase in the price of any weighty arguments against the Australian dollar and the bears begin to take the initiative in their own hands. On the currency chart shows that the trend is downward direction. These narrow ranges typically ends abruptly breakthrough levels of support and resistance and a further rapid price movement. In Forex market there is nothing accidental, such figures have already shown their potential for earning money. Only attentive traders even before the start of the movement can advance, while the whole crowd was not acted upon, properly invest in your trading in the foreign exchange market. Price has the potential of movement to a strong support level at 1.5000 where to take profit.

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.
 
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 1.5180
•             The level of profit and close the position: 1.5000 (180 pips)
 
 
Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4090
 
Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.1185
 
GOLD
Possible bullish movement in the breakout of the resistance level 1289.30
 
Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9615