Daily technical analysis for 10.08.2018

Hello. Below are a few recommendations for trading in the Forex market on 10.08.2018


On the USDCHF the price does not want to move away from the triangle and formed a pattern Doji. According to the statistics of transactions shows that the majority decides on the sales. But I think we should wait for the continue growth of the price further in the trend and exit of the triangle to the upside. The transaction is not considered, waiting for developments.


On AUDUSD price formed a pattern of Absorption based on the trend line. The price is very long moves sideways. Perhaps this recent bounce off the trendline and will be followed by a fall below the trend. The statistics of transactions indicates that purchases a significant advantage and at their expense will go down. look here to sales.


On EURGBP pair rebounded from level to 0.9000. Beautiful pattern inside bar then failed. But probably go to the correction to the area of 0,8950. After that will resume growth next trend. Sales here do not consider, as they are against the trend.

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