Hello. Below are a few recommendations for trading in the Forex market on 21.03.2018
EURUSD
EURUSD formed a Absorption from the upper boundary of the triangle. Yesterday’s expectations for continued growth are not met and will probably continue to move sideways. Trade statistics also shows us that certainty y no. Looking forward to the development of the situation, the deal here is not considered.
AUDNZD
On pair AUDNZD the same Absorption level 1,06500. The price is definitely not let down and probably will go back to the 1.0800. Buy against the trend, therefore, is not considered.
Open orders big banks
Changes in 20.03.2018
- Thomson Reuters IFR closed on selling USD/JPY with 106,65 for 106,50. Profit +15bps
- Citi worked Buy Limit on GBP/USD with 1,4000
- Thomson Reuters IFR placed Sell Limit on GBP/USD with 1,4065,
SL – 1.4165 - Deutsche Bank opened a Sell on EUR/GBP with 0,8745, TR – 0,8050,
SL – 0.9040