Hello. Below are a few recommendations for trading in the Forex market on 25.10.2017
GBPUSD
On GBPUSD formed a pattern of Absorption from the level of 1.3200 levels. Probably worth waiting for the continuation of the fall and development of the down trend. Consider there sales.
USDJPY
On USDJPY released from the outset for the level of 113.00 fell back and formed a pattern of Rails. On the way to the next resistance level 114,500. I think that the level 114,500 go through and update the highs continuing the trend upwards.
EURJPY
On EURJPY formed the pattern of Rails on the 1,3300 level. To expect continuation of growth of prices and the trend is up. Then consider buying with the objectives of 137.00.
Open orders big banks
Changes in 24.10.2017
- Credit Agricole triggered a Buy Limit on AUD/NZD with 1,1178
- Thomson Reuters IFR changed the Sell Limit on EUR/USD. Entrance from 1,1850
on 1,1800, SL 1,1950 on 1,1900 - Morgan Stanley otstupite buying on AUD/USD with 0,7870 for 0,7780. Loss-90пп
- Credit Agricole has changed with SL of 1.1350 on 1,1460 in buying EUR/CHF
- Credit Agricole placed a Buy Limit on GBP/CHF with 1,2980, TR – 1.3500,
SL 1.2720