Forex Trading recommendation on EURNZD 18-04-2016 by AzaForex, the best foreign exchange tips you never knew about

Using foreign exchange systems for huge profits and success.
The currency pair Euro and new Zealand dollar were frozen near a strong support level. Today, the Euro makes it clear that the price is kept from last forces. The bears don't allow the price to change its course for growth. If the pressure continues to increase, the Euro may significantly fall. On the chart we see how price has hit a support level and is the only thing keeping the Euro today.

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 1.6260
•             The level of profit and close the position: 1.6130 (130 pips)
 
 
Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4120
 
Metal GOLD
Possible bullish movement in the breakout of the resistance level 1239.30
 
Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9640
 
Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 107.60