Daily technical analysis for 20.04.2018

Hello. Below are a few recommendations for trading in the Forex market on 20.04.2018


On AUDUSD pattern of Absorption at the 0.7750 area. The situation is slightly ambiguous. Maybe it’s just a correction, but trade statistics says that in the transactions of many buyers, and can account for them to continue the trend. Watch the pair and will look to the sales.


On the pair EURAUD formed a pattern of Absorption from the trend line. Probably worth waiting for the continuation of the trend up. Consider here the purchase order 1,62500.


On the pair AUDJPY the same pattern of Absorption. Recent highs update could not and probably will resume falling. Consider then the sales order 80,45.


On USDRUB pair formed a pattern Doji at the level 60,70. Will probably finish the correction following the strong upward momentum and resume growth. I think that you can look at here to purchase.

Open orders big banks

Briefly about changes in open orders banks:

Citi otstupite and selling on EUR/GBP(-80пп). Thomson Reuters IFR otstupite buying on GBP/USD(-90пп) and selling EUR/GBP(-95пп). EUR/CHF closed the deal Nomura(+276), Deutsche Bank(+430), BNP Paribas(+380). Morgan Stanley closed the deal on CADCHF(+21 and +49).
New trades are not opened. Thomson Reuters IFR have placed a few pending orders.

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