Day trading strategies on currency pair EURCAD 13-09-2016 by AzaForex forex broker, the best successful foreign exchange earning tips and tricks

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Euro exchange rate began to move higher against the Canadian dollar. Already Bulls has made a test attack and the bears could not return to the previous level of price. Price is now again is near the top of the range. Euro has already passed weak resistance levels and went to the stronger and more important level. If the attack of traders, focused on Euro growth, will be successful, this currency pair may allow investors and speculators to earn good money by catching good trend movement. After all, the next stop for the price can be a smooth level of 1.5000, which can break the wave of price movement. But if the price breaks through all barriers and rush upward, then at this level we fix profit and will not take part in the battle of traders with different moods and interests.
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: 1.4750
•    The level of profit and close the position: 1.5000 (250 pips)

Metal GOLD 
Possible bearish movement in the breakdown of the support level 1320

Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.3260

Forex currency pair USDCHF
Possible bullish movement in the breakout of the resistance level 0.9740

Forex currency pair USDJPY
Possible bullish movement in the breakout of the resistance level 102.10