Forex Trading recommendation on USDJPY 30-05-2016 by AzaForex forex broker

Simple tips to ​educate you about foreign exchange ​in the following article.
The dollar is rising against the currency pairs and Gold. The growth rate of the Us Dollar against the Japanese Yen may be delayed only at the resistance level of 111.90. If traders and investors are full of optimism and wish to continue to purchase its assets in the dollar, this level of resistance can be easily passed and we will be able to capitalize on this price movement over a hundred 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 111.90
•             The level of profit and close the position: 113.30 (140 pips)
 
 
Forex currency pair GBPUSD
Possible bullish movement in the breakout of the resistance level 1.4660
 
Metal GOLD
Possible bearish movement in the breakdown of the support level 1119
 
Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.1090
 
Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9955