Analysis Forex market on 29.01.2020

Hello. Below view on a few interesting points to trade in the Forex market on 29.01.2020


EURUSD reached 1.1000 and formed a pattern Doji. It seems that the strength to pass the level is not enough and should expect the correction into the area 1,1072. Then expect to continue falling. The preponderance of buyers in the statistics of transactions that can contribute.


On AUDUSD formed a pattern Doji at the district 0,67500. I think that in the near future will see a correction in the district 0,6800, after which we continue to fall further. To enter sales will be after a rollback.


On a pair NZDUSD stopped at the trendline and also formed a pattern Doji. Probably will try to resume growth and continue the upward trend. Consider purchase here. Although confused by almost the same ratio of buyers and sellers in the statistics transactions.


On a pair USDCAD stopped at the level of 1.3200 and bounced formed a pattern of Rails. You can start with a small correction down. But judging by the large number of sellers, I think will continue to grow further. Will look for signals to buy, in the area of 1,3100.


On the pair EURAUD has failed to go beyond the upper boundary of the sideways movement and formed a small pattern Pin-bar. Probably worth waiting for the continuation of the movement within the sideways pattern, and badenia to the lower boundary of 1,6000. Consider there sales.

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