Analytical Forex forecast for 3.07.2018

Hello. Below are a few recommendations for trading in the Forex market on 3.07.2018


On EURUSD, the price is stuck between trend line and support level 1,15500, and has formed an inside bar. The ratio of statistics deals about the same, apparently all waiting for out-of-bounds. I continue to adhere to the bearish sentiment and waiting for the continuation of the down trend. The transaction will look after the breakout of the support.


On USDCHF there is a similar situation as well pattern inside bar. Here, also waiting for the continuation of the up trend and a break of the resistance level 1,0000. Statistics deals superiority in the sellers that could contribute to growth.


On a pair of USDCAD came down to 1.3100 and formed pattern Inner bar. As we can see, the market participants are actively selling. And I think that in the near future will finish the correction and continue the growth further, according to the trend.


On GBPJPY, the price failed to pass the trend line and settle above forming the Inner bar. Probably worth waiting for the resumption of falling prices in the TREN down. Consider there sales.

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