Forex Trade recommendation on NZDCAD 25-04-2016 by AzaForex,a list of helpful foreign exchange trading tips feed

Follow these simple techniques for expert trading on the foreign exchange market
The new Zealand dollar, as we described in the previous recommendation, dealt a strong blow to the Сanadian dollar. The currency pair just a stone fell down. Traders who use the recommendations AzaForex made in one day a profit of 100 pips, trading Forex this currency pair. Now the price movement on the chart, is in a state of correction, the price almost reached the level of yesterday's short position. But there is a good chance to continue the trend. If the price is lowered. We are happy to join the bears.
 
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 0.8645
•             The level of profit and close the position: 0.8539 (106 pips)
 
 
Forex currency pair GBPUSD
Possible bullish movement in the breakout of the resistance level 1.4470
 
Metal GOLD
Possible bearish movement in the breakdown of the support level 1226
 
Forex currency pair USDCHF
Possible bullish movement in the breakout of the resistance level 0.9800
 
Forex currency pair USDJPY
Possible bullish movement in the breakout of the resistance level 112.00