Forex Trading recommendation on USDCAD 18-05-2016 by AzaForex forex broker

The best successful foreign exchange earning tips.
The U.S. dollar is not going to give the Canadian dollar. For several days the pair is marking time, but doesn't fall down. Near the resistance level and if the Forex market after news release investors and traders is a lot of optimism, the currency pair can greatly go up.
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: 1.3020
•             The level of profit and close the position: 1.3150 (130 pips)
 
Metal GOLD
Possible bearish movement in the breakdown of the support level 1269
 
Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.1254
 
Forex currency pair USDCHF
Possible bullish movement in the breakout of the resistance level 0.9840
 
Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4400