Forex Trading recommendation on EURUSD 13-05-2016 by AzaForex forex broker

Simple tips for a successful forex strategy.
The Euro begins to change its rate against the Dollar. Although, this currency pair in the Forex market there is a growing trend, price already broke the support level held to a minimum The possible return of prices to the level that will undoubtedly be resistance and a further decline in prices. The reserve is about 100 points where the price can go so we will prepare for a short position.
 
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 1.1325
•             The level of profit and close the position: 1.1225 (100 pips)
 
 
Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4370
 
Metal GOLD
Possible bullish movement in the breakout of the resistance level 1280.70
 
Forex currency pair USDJPY
Possible bullish movement in the breakout of the resistance level 109.40
 
Forex currency pair USDCHF
Possible bullish movement in the breakout of the resistance level 0.9640