Analytical review of the trending tools to 6.02.2018

Hello. Below are a few recommendations for trading in the Forex market on 6.02.2018

USDCHF

On USDCHF we continue to move in the district level 0,93000 and formed a pattern Doji. As seen in the statistics of trades from different brokers, most traders in shopping. I still tend to continue to drop the price further in the trend, moreover, is already at whose expense. Consider there sales.

USDJPY

USDJPY seems to have completed the correction and rebounding from the level of 110.00 formed a pattern of Rails. On the way near the resistance level of 109.00 and will probably be his trial for the continuation of the trend down and collect the stops of buyers. Sales will look after the breakout of the level, sell level is not desirable, a possible re-release.

Open orders big banks

Changes in 5.02.2018

  • Citi opened a Sell on USD/JPY with 109,85, TR – 107,50, SL – 111.00
  • Morgan Stanley placed a Buy limit on EUR/CAD with 1,5430, TR – 1,6400,
    SL – 1.5230
  • Credit Agricole has changed with SL of 1.4900 on of 1.5445 in buying EUR/AUD

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