Analysis of the weekly candles on the major currency pairs on 23.01.2020

Hello. Below are a few recommendations for trading in the Forex market on 23.01.2020

USDCHF

On the USDCHF pair made an attempt to go above 0.9700, but returned and formed a pattern Pin-bar. Still waiting here fall in the trend, and to participate in the sale. In the statistics of transactions shows a large preponderance of buyers, due to which you can go down.

EURCHF

The pair EURCHF on a similar situation a Pin bar below the level 1,0746. In General, since yesterday, nothing has changed. I think we should continue to wait for the price to drop, then the trend is down. Consider then the sales order 1,0666 and below.

AUDUSD

Continue to monitor AUDUSD and today stopped at the trendline and formed a pattern Doji. Of course I would like to see resumption of growth next trend. But confused by a large preponderance of buyers in the statistics transactions. Still just watch. In General, is configured to purchase and watch them. Sales will look after the breakout of the trendline.

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