Candlestick analysis, Forex 6.04.2018

Hello. Below are a few recommendations for trading in the Forex market on 6.04.2018


On GBPUSD formed a pattern of Absorption from level 1,41000. one would assume the reverse of the trend, but just the bottom trend line. I think we’ll break the trend is downward, but not quickly. Let us just watch the situation without transactions.


On the pair EURNZD has formed a pattern Doji at the level of the zone of 1.6800. aeroace again rebound and start rising to 1,7100. A good opportunity to try to earn in the outset. Consider purchase here.

Open orders big banks

Briefly about changes in open orders banks:

Thomson Reuters IFR otstupite buying on GBP/USD(-80пп), and a little later put Sell Limit.
Bofa Merrill Lynch opened buy on GBP/USD. Some banks have changed the order.
For a schematic visualization shows that banks agree in opinion on the direction for many couples. You should pay attention to the direction of transactions and to take this into account when trading.

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