Daily technical Analysis and Recomendations by AzaForex

[AZAforex]

Forex trading recommendations on EURNZD 8-06-2016 by AzaForex broker

To become successful at foreign exchange trading follow this advice.
Euro exchange rate can not rise in relation to the New Zealand dollar. All attempts of the bulls ended in failure. The Euro again approached the level of support. If the price can pass this level, you can fall even lower to the next level of the level of 1.6100. Although the Euro exchange rate and growing against other currency pairs in the Forex market, the new Zealand dollar looks stronger. So expect a real breakout support and 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 1.6220
• The level of profit and close the position: 1.6100 (120 pips)


Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4500

Metal GOLD
Possible bullish movement in the breakout of the resistance level 1253

Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1400

Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9630

 

[AZAforex]

Forex trading recommendations on EURNZD 9-06-2016 by AzaForex broker


After the news the New Zealand Dollar soared to just quotes all charts in relation to all currency pairs on the Forex market. The traders who guided our trading recommendation failed to capitalize on this movement of 120 pips, but the price has continued its movement of about 90 points. Now traders and investors took profits, so the Euro have stopped its decline, but after such a sharp price changes, it is possible to count on a second wave. We will wait for further depreciation of the Euro and after breaking the support level of 1.5910 join the bears with a goal of 100 points.

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 1.5910
• The level of profit and close the position: 1.5810 (100 pips)


Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4440

Metal GOLD
Possible bullish movement in the breakout of the resistance level 1267

Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.1320

Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9570

 

[AZAforex]

Forex trading recommendations on GBPCHF 10-06-2016 by AzaForex broker


Tips from the masters for trading on forex.
British Pound is very weak in recent days. Also coming referendum on secession of Britain from the European Union is putting pressure on its quotes. Taking this into account, Swiss franc looks more stable. If the currency pair continue falling, this will be not a conquest of the franc, but the weakness of the pound. For several days now the pound is in a downward trend, investors and traders are in no hurry to invest in the British currency. Therefore, if the price will overcome the support level 1.3855, we open a short position.

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 1.3855
• The level of profit and close the position: 1.3735 (120 pips)


Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4410

Metal GOLD
Possible bullish movement in the breakout of the resistance level 1271

Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.1280

Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9570

 

[AZAforex]

Trading recommendations on the currency pair USDJPY 13-06-2016 by AzaForex forex broker


Have you heard about forex you could be making money online easily.
The dollar looks weaker in the Forex market against the Japanese yen. Now the pair has approached a strong support level from which price has bounced several times. But we hope that the bears manage to break the level of protection and lower quotes even lower, because below this level no protection there. The nearest support level more than 150 points. Of course, the bulls have a chance, as before, from level to raise the price, but if they are not strong enough to do it, and the game will include traders working on the slide.

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 105.50
• The level of profit and close the position: 104.00 (150 pips)


Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4110

Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.1220

Forex currency pair GOLD
Possible bullish movement in the breakout of the resistance level 1285

Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9615

 

[AZAforex]

Trading recommendations on the currency pair GBPCHF 14-06-2016 by AzaForex forex broker


Learn how to become a successful foreign exchange trader.
The British Pound continues its downward dive. More recently, we opened short positions on this pair, which have already reached the goal, and we got profit. Judging by the fact that nothing really has changed in the attitudes of traders and investors in the Forex market, this pair may fall further in price. The graph shows that the price could be kept at the level of 1.3600, only thanks to smooth price level of support level. If the bears continue their onslaught the pound can stay alone. The Swiss franc looks stronger and therefore in case of breakdown of the support level, we again go short.

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 1.3600
• The level of profit and close the position: 1.3460 (140 pips)


Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4100

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

GOLD
Possible bullish movement in the breakout of the resistance level 1287

Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9615

 

[AZAforex]

Trading recommendations on the currency pair EURAUD 15-06-2016 by AzaForex forex broker


Successful forex trading secrets for better trades.
A few days the course of the currency pair is in a narrow range. The Euro could not oppose to the increase in the price of any weighty arguments against the Australian dollar and the bears begin to take the initiative in their own hands. On the currency chart shows that the trend is downward direction. These narrow ranges typically ends abruptly breakthrough levels of support and resistance and a further rapid price movement. In Forex market there is nothing accidental, such figures have already shown their potential for earning money. Only attentive traders even before the start of the movement can advance, while the whole crowd was not acted upon, properly invest in your trading in the foreign exchange market. Price has the potential of movement to a strong support level at 1.5000 where to take profit.
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 1.5180
• The level of profit and close the position: 1.5000 (180 pips)


Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4090

Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.1185

GOLD
Possible bullish movement in the breakout of the resistance level 1289.30

Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9615

 

[AZAforex]

Trading recommendations on the currency pair CADJPY 16-06-2016 by AzaForex forex broker


Learn how to become a successful foreign exchange trader.
The rate of the Japanese Yen against the Canadian Dollar for a long time was near the support level of 81.70, but bears their onslaught broke through this level. We recorded a long-awaited profit from trading this currency pair and are ready again to open a short position. Now the correction will start and if the Forex traders who trade for a fall of the currency exchange rate will again begin to move price down, we open a short position. If support level is breached 79.80 price will easily make the way to the next support level, and we can put on our trading account an additional 90 points.

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 79.80
• The level of profit and close the position: 78.90 (90 pips)


Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.4090

Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.1190

GOLD
Possible bullish movement in the breakout of the resistance level 1313

Forex currency pair USDCHF
Possible bullish movement in the breakout of the resistance level 0.9680

 

[AZAforex]

Day trading strategies on GOLD 17-06-2016 by AzaForex forex broker

The rate of Gold yesterday drastically changed after fresh news. During last days it was possible to observe a growing trend. Gold was growing every day, and it seemed that it would never end. But yesterday everything changed. Within minutes, the mood of traders and investors have taken completely the opposite direction. Such abrupt changes in rates in the Forex market rarely stops without future movement. Therefore, you can count on a further reduction in rates, at a penetration level of support. If the bearish sentiment in the stock market will continue, we will open a short position.

On the bearish sentiment indicates that the average out of the MACD histogram.
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 1276
• The level of profit and close the position: 1264 (1200 pips)


Forex currency pair GBPUSD
Possible bullish movement in the breakout of the resistance level 1.4300

Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.1270

Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 103.50

Forex currency pair USDCHF
Possible bullish movement in the breakout of the resistance level 0.9680

 

[AZAforex]

Day trading strategies on GBPUSD 20-06-2016 by AzaForex forex broker


Forex trading techniques can be quite helpful.
The British Pound ahead of the Brexit referendum on British exit from the European Union only became more expensive. For all currency pairs on the Forex market, which are crosses with the Pound, the rise of the British currency. . The attention of all traders and investors are now focused to the future results of the referendum. On exchange rates can seriously affect the result of the referendum, will be increased volatility and increased margin requirements for all Forex brokers. How will the British currency is not known to anyone, but judging by the growth on the charts, we can assume that traders are quite optimistic. Therefore, if the pair get out of range and will be able to overcome the resistance level 1.4770, we open a long position and will remain there until a strong resistance level 1.5000

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: 1.4770
• The level of profit and close the position: 1.5000 (130 pips)

Metal GOLD
Possible bullish movement in the breakout of the resistance level 1276

Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 104.00

Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9570

Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1380

 

[AZAforex]

Day trading strategies on the currency pair USDCHF 21-06-2016 by AzaForex forex broker


Dabble in foreign exchange and increase your funds with this advice.
The dollar can not do anything against the Swiss franc for several days. The currency pair is marking time and three times already bounced from the support level. But now in the Forex market it is seen that the bears are back bend the line and lower the price to this level. Typically, these chart patterns of currencies to end the breakthrough level. Given that the trend itself downward, it is permitted a slight movement in them after breaking through the support. Thus after the price will reach and pass 0.9570 we open a short position.

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 0.9570
• The level of profit and close the position: 0.9490 (80 pips)


Forex currency pair GBPUSD
Possible bullish movement in the breakout of the resistance level 1.4480

Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1190

GOLD
Possible bearish movement in the breakdown of the support level 1276

Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 103.50

 

[AZAforex]

Day trading strategies on the currency pair USDCAD 22-06-2016 by AzaForex forex broker

Foreign exchange trading follow these basic steps.
The dollar didn't do anything special that would raise their quotes in the Forex market against the Canadian dollar. The pair, recently made an attempt to break out of the downtrend, but the bears were stronger and were able not only to return the price to previous levels, but also to start a new descending movement. In fact, if the price moving below the support level 1.2760 will be a great chance to earn about 100 points, as no obstacle to the fall of the dollar are not near.

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 1.2760
• The level of profit and close the position: 1.2660 (100 pips)


Forex currency pair GBPUSD
Possible bullish movement in the breakout of the resistance level 1.4800

Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1190

GOLD
Possible bearish movement in the breakdown of the support level 1276

Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 103.50

 

[AZAforex]

Day trading strategies on the currency pair GBPUSD 24-06-2016 by AzaForex forex broker


Have you heard about forex you could be making money online easily.
Results of Brexit referendum in the UK shocked forex market and trading floors all of the world. Such abrupt changes of the course of currency pairs did not happen for a long time. These volatile movements provide an excellent opportunity to earn money in a very short period of time. Suffice it to sit on the trend and ride it to the end of the day. British Pound has fallen historically. Such movements point to strong emotion traders and investors wary. After such a sharp collapse of quotations of currencies you can always count on the second tick on the chart.Therefore, if the stock market will remain in pessimistic mood on the British pound, we will open a short position on a break of support level and 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 1.3210
• The level of profit and close the position: 1.4100 (100 pips)


Forex currency pair USDCHF
Possible bullish movement in the breakout of the resistance level 0.9800

Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.1090

GOLD
Possible bullish movement in the breakout of the resistance level 1358

Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 98.80

 

[AZAforex]

Day trading strategies on currency pair USDCAD 27-06-2016 by AzaForex forex broker

Review these tips if you are an aspiring foreign exchange trader.
The referendum in the UK broke all the trends in almost all currency pairs in the Forex market. All more or less predictable trends on the chart were changed to no recognition. Technical analysis is not working on many markets for some time the psychology of traders and investors panic and can not be predictable in linear dimension. The currency pair US and Canadian dollar is one of the few trading tools where the situation is clear. Shown to a moderate upward trend, which is now braced to resistance level 1.3100. In the currency pair there is all chances to pass this level and allow traders to earn about 100 pips. If the US dollar, on the background of events in the world, will be strengthened, our recommendation will bring the desired results in our trading account

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: 1.3100
• The level of profit and close the position: 1.3190 (90 pips)

Metal GOLD
Possible bullish movement in the breakout of the resistance level 1336

Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.3170

Forex currency pair USDCHF
Possible bullish movement in the breakout of the resistance level 0.9800

Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.0900

 

[AZAforex]

Day trading strategies on the currency pair AUDNZD 28-06-2016 by AzaForex forex broker


Invest smarter and increase your earnings in the forex market now.

The Australian and New Zealand dollars for several days are almost on the same level. They do not worry about external shocks the Forex market. Last few days the price at a chart is repelled from the smooth support level 1.0400, at which the next new level of support is far away. And even price leaving up from this level do not makes new highs, but on the contrary fewer amplitude rebound. This suggests that investors and traders, as well, are not highly enthusiastic and in no hurry to open long positions for this pair. Our trading strategy is very simple in this currency market, we are waiting until the price falls to the level of support and pass it down. Immediately after that, we will open a short position and wait until the bears take control into their own hands and will lower the price in a downtrend.


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 1.0400

• The level of profit and close the position: 1.0270 (130 pips)



Forex currency pair USDCHF

Possible bullish movement in the breakout of the resistance level 0.9820


Forex currency pair GBPUSD

Possible bearish movement in the breakdown of the support level 1.3100


GOLD

Possible bearish movement in the breakdown of the support level 1335


Forex currency pair USDJPY

Possible bullish movement in the breakout of the resistance level 101.30

 

[AZAforex]

Day trading strategies on currency pair USDCHF 29-06-2016 by AzaForex forex broker

Achieve your trading goals with these simple tips for the forex market.
Forex market can’t recover from such a drastic change courses currency pairs and precious metals. There is no complete certainty in the direction of the price chart. Many traders and investors have been slow to open any positions, waiting what will take over the palm of leadership and will move the market forward. Now traders are taking profit - it can be seen from the large correction in the currency market. The US dollar has always been a strong currency, and after news about Brexit it reacted to the Swiss franc not so strong as other currency pairs. We can assume that the dollar will continue to grow in the near future, and there is room to grow, as the nearest resistance level is still about 100 points.

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: 0.9840
• The level of profit and close the position: 0.9930 (90 pips)

Metal GOLD
Possible bullish movement in the breakout of the resistance level 1324

Forex currency pair GBPUSD
Possible bullish movement in the breakout of the resistance level 1.3430

Forex currency pair USDJPY
Possible bullish movement in the breakout of the resistance level 102.86

Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1100

 

[AZAforex]

Day trading strategies on GOLD 30-06-2016 by AzaForex forex broker

Here are some things to know regarding foreign exchange traders.
There is nothing clear in Forex market now. All currency pairs freezes in anticipation of a miracle. All more or less clear movement of the foreign exchange market purchased the flat variety. Frankly, we would advise traders, if they have open positions, to reduce their number, and if you have not had time to enter into the market do not rush too much with it. Summer came and now is the time to rest and relax in nature.
The rate of Gold does not look particularly impressive, but each price cut less and less, which indicates that Gold has its own buyers. Taking into account that there is nothing special to trade with and the price of gold rose last few days, you can try to catch a large price movement of the trend.

The price is above a simple moving average 200 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: 1328
• The level of profit and close the position: 1340 (1200 pips)

Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 1.3530

Forex currency pair GBPUSD
Possible bullish movement in the breakout of the resistance level 1.3530

Forex currency pair USDJPY
Possible bullish movement in the breakout of the resistance level 103.00

Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1150

 

[AZAforex]

Day trading strategies on GOLD 4-07-2016 by AzaForex forex broker

Need some moneymaking tips for trading on foreign exchange try these.
In the previous trading recommendations for Gold, we recommend to buy the precious metal and they were right. The price of gold all the time only grows. When other currency pairs in the Forex market trends are not clear with the precious metal more or less clear. Gold, as a tool for risk aversion again in demand. This indicates the absence of traders and investors confidence in the future and they have resorted to the time-tested tactic of trading. If the price of Gold will overcome the level of support, and this breakthrough will not be false, and to find support in a sufficient number of orders for the purchase, then the transaction will be to make good money, as obstacles to the growth of the price of Gold is not.

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: 1358
• The level of profit and close the position: 1374 (1600 pips)

Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9700

Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.3210

Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 102.40

Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1170

 

[AZAforex]

Day trading strategies on the currency pair GBPJPY 5-07-2016 by AzaForex forex broker

Tips for forex traders that may help your trading.
Pound was unable to recover after such a sharp fall. All attempts of the currency to raise its rate turned out to be a failure. Watching the currency pairs that are in the cross with the pound, you can see the dynamics of the downward trend. Where the price has broken through the support level at which the currency price is reached to the level of support, but overall, downward movement and the rally down to the Pound Forex market is assured. We also decided to join the bears and will open a short position as soon as the price will be the level of support. Given that the next support level on the chart is too far away, this trading can bring good profits.

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 133.20
• The level of profit and close the position: 131.00 (220 pips)


Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.1300

Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.1190

GOLD
Possible bullish movement in the breakout of the resistance level 1358

Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9680

 

[AZAforex]

Day trading strategies on GOLD 6-07-2016 by AzaForex forex broker

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: 1376
• The level of profit and close the position: 1389 (2300 pips)

More on web site AzaForex

 

[AZAforex]

Day trading strategies on the currency pair USDJPY 7-07-2016 by AzaForex forex broker

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 100.15
• The level of profit and close the position: 99.00 (115 pips)
More on web site AzaForex