Analysis Forex market 11.04.2018

Hello. Below are a few recommendations for trading in the Forex market on 11.04.2018


On the pair USDCHF has formed a pattern Doji based on the trend line. From above the resistance level 0,96530, but a rather weak level and I think we will overcome it. Look here to purchase.


On USDJPY continue to expand the trend and formed the pattern of Absorption on the trend line. Want to see the continued growth and long up trend. But at the level of 108,40 you may want to close the purchase. The resistance level is very strong. New deals in the not open. Waiting for developments and new signals.


On pair EURGBP is again stopped at the support level 0,8707 and formed a Pin-bar . Probably below do not go in and expect the resumption of growth, and the movement towards 0,89010. Are looking at buying.

Open orders big banks

Briefly about changes in open orders banks:

Closed by TP of the transaction at the Thomson Reuters IFR on EUR/USD(+125пп), and JP Morgan in the transaction at AUD/CHF(+100пп).
Thomson Reuters IFR has placed a limit order to buy EUR/USD.

Like this post? Please share to your friends:
Leave a Reply