Forex Trading recommendation on EURAUD 22.03.2016 by AzaForex


Make more money in forex trading by following these tips. The price for a long time is in the range. When the price is out of the range of price movement will be strong.
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 1.4700
•             Take Profit Level: 1.4500 (200 pips)
 
 
GOLD
Possible bullish movement in the breakout of the resistance level 1260
 
GBPUSD
Possible bearish movement in the breakdown of the support level 1260
 
USDJPY
Possible bearish movement in the breakdown of the support level 111.30
 
USDCHF
Possible bearish movement in the breakdown of the support level 0.9650