Hello. Below are a few recommendations for trading in the Forex market on 23.03.2018
On USDCHF stopped near the trend line and formed a pattern Doji. The advantage on the buyers side and I think will continue to move down. Maybe soon we will see a change of trend. Sales do not see here .
On the GBPUSD pair formed a pattern Pin-bar-level 1,41000. Will probably be a small correction to 1,400-1,3900, and then continue the growth further, according to the trend. The sale is not considered here because they are against the trend.
On a pair USDCAD in the same pattern the Pin bar at the resistance level of reach 1.2900 levels. According to statistics, deals the advantage just from sellers. Probably worth waiting for the resumption of growth in the uptrend. Consider purchase here.
On EURGBP pair formed a pattern Pin-bar on a very strong support level 0,8700. Probably the strength to go below there and should expect the resumption of growth to 0,8900, continuing to move sideways. The reserve price is quite large and you can look at to shopping.
On GBPJPY pair formed a pattern of Absorption bounced off the level 150,15. Apparently long correction is finished and should wait for the continuation of the down trend. Sales here have not yet considered. Wait for the breakdown endovas line.
Open orders big banks
In open orders banks today, a lot of changes, many banks have changed the order and moved SL. It is worth paying attention to.
Morgan Stanley and Citi closed a buy GBP/NZD and GBP/USD. Having earned 130пп each.
Several banks have agreed in opinion that buying EUR/CHF and selling EUR/GBP. You should look at these pairs and look for trades in the same direction.