Hello. Below are a few recommendations for trading in the Forex market on 6.10.2017
EURAUD
On the pair EURAUD formed a pattern of Absorption. Support the pattern there, so in purchase to enter is not recommended. It is possible that go out of the sideways pattern after breaking the resistance 1,5071, then you can look for Price Action signals to buy.
AUDJPY
On the pair AUDJPY the same pattern of Absorption. To the level of 89.00 nearly made it, but it seems that the correction up is over and you can try to sell. To expect continuation of falling of 86.00.
Open orders big banks
Changes in 5.10.2017
- Credit Suisse has opened a Buy EUR/CHF with 1,1460, TR – 1,1760, SL 1.1350