Day trading strategies on currency pair NZDCAD 29-07-2016 by AzaForex forex broker, bad decisions

To become successful at foreign exchange trading follow this advice.
It seems that the New Zealand dollar is targeted to the upper limit of its range. It passed the first step, and the bulls are starting to buy a New Zealand dollar in the Forex market. Perhaps this trend will not be long over, but for us, as the currency market speculators, is enough to earn more than 130 pips throughout the day to feel better before the weekend. There is no particularly strong barriers during the way of this currency pair, and when it comes to the upper limit, and will meet a barrier of orders and counter orders to sell, we'll fix the profits and exit the market. Let professionals fight at high levels, and we will join the strongest. So if currency decide to move further and the Canadian dollar will falter before the onslaught we'll open a long position.

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: 0.9370
•    The level of profit and close the position: 0.9500 (130 pips)

GOLD 
Possible bullish movement in the breakout of the resistance level 1345

Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.3060

Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 102.60

Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.1200