Daily review Forex 8.04.2020

Hello. Below are a few recommendations for trading in the Forex market on 8.04.2020

USDCHF

On the pair USDCHF has formed the pattern of Absorption bounced near the level of 0,97500. Likely that the above does not work to go forward and drop to the area 0,95500. Consider there sales.

USDJPY

On USDJPY price formed a pattern inside bar after breakout of the level of 108,500. I think that the correctional move down and continue the growth of prices. Consider here the purchase, purposes 112,000.

XAGUSD

The Silver price stood near the level of 15,034 and formed a pattern Pin-bar. Maybe finish the correction, and will resume the fall in the price of the trend. I’ll try to go there in the sale.

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