Forex Trading recommendation on USDCHF 16-05-2016 by AzaForex forex broker

Tips on being a top foreign exchange trader.
The US dollar again tries the strength of the resistance level of the Swiss franc. More likely, the price is in the range, but still there is a chance that the bull will want to change the situation on the Forex market. When you break through the resistance level, most likely, strong and powerful change rate of the currency pair, we will not see, but, nevertheless, we will be able to earn around 100 points.
 
The price is below a simple moving average 200 MA and 20 MA indicating bearish trend.
The average came out of the MACD histogram, 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 0.9780
•             The level of profit and close the position: 0.9880 (100 pips)
 
 
Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4330
 
Metal GOLD
Possible bullish movement in the breakout of the resistance level 1284
 
Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.1280
 
Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 108.40