Hello. Below are a few recommendations for trading in the Forex market at the beginning of the trading week 30.07.2018.
USDJPY
On USDJPY price has stopped and a few days moving in the area of 111.00 and a trend line. According to the statistics, transactions, the margin in the direction of buyers is not large. But perhaps for this move for so long at the level that would persuade a majority of purchases. Sales to look at before. I’m eyeing the purchases with the expectation of continuation of trend.
XAUUSD
Gold failed to break the level 1216,76 and formed a pattern Doji. It seems that we continue to move sideways and expect growth to the upper boundary. Transactions here are not considered. Looking forward to the development of the situation, and going beyond the boundaries of the sideways pattern.
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