Graphical analysis of the major currency pairs on 18.08.2017

Hello. Below are a few recommendations for trading in the Forex market on 18.08.2017


On the EURUSD pair formed a pattern Pin-bar based on the level 1,17000. Possible breakout of the trend line was false and will be followed by a continuation of the growth trend up. Look here to purchase.


On the pair EURAUD is also a pattern Pin-bar in the area 1,48160 and trend line. It’s probably a signal to end the correction after the breakout of the trendline. Possible resumption of growth and the movement to up trend. Consider purchase here.


On the pair AUDJPY has formed pattern Internal bar rebounding from the level of 87,500. Likely over correction after the breakout of the base pattern Double top. To expect continuation of falling and the down trend. Consider there sales.

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Changes in 17.08.2017

  • Credit Suisse worked Sell Limit on EUR/USD with 1,1786
  • Credit Suisse otstupite on sale for AUD/USD with 0,7869 at 0,7950.
  • Credit Suisse worked Buy Limit on EUR/JPY with 128,60
  • Nomura changed with SL of 1.5750 on the 1.5800 in buying EUR/NZD
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