Analysis of candlesticks on 13.01.2020

Hello. Below are a few recommendations for trading in the Forex market on 13.01.2020


On the pair USDCHF has formed a Doji pattern slightly not reaching the level 0,9768. Waiting for the resumption of the falling trend. A little confusing near the strong support of 0.9700. But we think that due to the buyers in the statistics of transactions that have support enough. Consider the sale.


On AUDUSD As expected bounced from the level 0,6850 and the previously broken trend line forming a pattern of Absorption. Then you continue to keep buying, with the goals 0,69500-at 0.7000 or higher.


On a pair NZDUSD ended the downward correction and rebounding from the level of 0,6600 formed pattern Inner bar. In statistics deals have a small margin of sellers. And I think it’s time to buy, with the expectation of continuation of trend. Purpose 0,67400 and above.


On USDJPY again stopped at 109,50 and formed a pattern Doji. It is logical to assume that we will move in the continuation of the sideways trend, but a preponderance of sellers. Therefore, the deals here will refrain, I will look over the situation.

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