Forex technical analysis on 27.03.2018

Hello. Below are a few recommendations for trading in the Forex market on 27.03.2018


On the pair USDJPY formed a pattern of Absorption after the breakout of the level of 105,500. According to the statistics of transactions can be seen that all already in sales. And probably go to the correction, relief of excess trading. Buy here do not consider, as against the trend and from above the resistance level.


On the pair EURAUD reached the level 1,6130 and formed a pattern Doji. Should probably wait for a correction down to gain strength for a breakout of the level. Sales do not see here. Will look for buy after the break of the level.


On GBPJPY pair rebounded from the level of 147,80 and formed the pattern of Absorption. it seems that the down is not yet allowed and will try to change the trend to upward. Purchase will look after the breakout of the resistance 150,10

Open orders big banks

Briefly about changes in open orders banks:

On AUD/NZD octopolis 2 on 168пп ANZ Bank and TD Bank on 98пп.
Several banks have changed the order and Morgan Stanley opened a buy on CAD/JPY.
The most interesting pairs to banks are EUR/GBP and EUR/CHF. These and not only pairs, it is seen that the directions of all defined the same. When trading in the medium term, it is possible to take these trends into account.

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