Forecast changes in exchange rates of major currency pairs in 7.05.2018

Hello. Below are a few recommendations for trading in the Forex market on 7.05.2018

EURUSD

EURUSD tried again to go below the level 1,19500, but to gain a foothold failed. Will probably start a correction up to recruit buyers for a further decline. Purchases, here to consider not worth it. I think we’re going to develop a down trend.

 

AUDUSD

On AUDUSD are continuing to move in the district level 0,75330 and formed a pattern Doji. According to the statistics of all buy transactions with the expectation of growth. It is not excluded that will begin a small correction to 0,76500. But in General expect to continue falling with the trend and continue to look here to sales.

USDJPY

On USDJPY pair a small pattern Pin-bar based on the trend line in the area of 109,000. Likely will resume growth next trend after the correction. Consider purchase here.

Open orders big banks

Leave a Reply