Day trading strategies on currency pair Microsoft 10-27-2016 by AzaForex forex broker, foreign exchange advice to help you learn to trade better

Earn more with stock market by taking this advice.
Shares of the global giant Microsoft grew to new highs. Microsoft has announced the desire to launch a new 28-inch touch screen and a monitor that can compete with Apple products. on the background of these statements, the company's shares came out of the 58.70 resistance level and broke up, drawing on a graph stock a new historical maximum. Considering that after reaching the maximum shares have not fallen off much back, we can assume that the price could again rise to new heights. The good news and optimism of investors on the New York Stock Exchange Nyse, may contribute to the further growth of the company. Thus, putting quite realistic goals in 100 points we can earn at this second wave of germ stock prices. With the passage of price of 61.40 we buy Microsoft shares, ie, go long.

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: 61.40
•    The level of profit and close the position: 62.40 (100 pips)

Metal GOLD 
Possible bearish movement in the breakdown of the support level 1264

Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.2070

Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9900

Forex currency pair USDJPY
Possible bullish movement in the breakout of the resistance level 105.00