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 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.



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.


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

Like this post? Please share to your friends:
Leave a Reply