Relevant trade ideas on 12.07.2017

Hello. Below are a few recommendations for trading in the Forex market on 12.07.2017

USDCHF

On USDCHF are unable to go round the level of 0.9700 and formed a small pattern Pin-bar. I think that will continue falling down trend to the support level of 0,9500. Consider there sales.

USDJPY

On USDJPY as expected formed a pattern Pin-bar-level 114,28. Probably worth the wait downward correction, perhaps even to 112,00. I think it’s worth the risk, and to consider sales with the expectation of a long correction.

GBPJPY

On GBPJPY beautiful pattern is not painted, but the price rebounded from the level of 147,87. Probably the beginning of a correction after a long recoilless growth. The signals to enter in trades you can search within the day. But do not forget about the risks, sales against the trend.

Open orders big banks

Changes in 11.07.2017

  • BNP Paribas opened a Sell on GBP/AUD with 1,2890, TR – 1,2500, SL 1.3060
  • Citi has placed the Sel limit on GBP/USD with 1,2912, TR – 1,2550, SL 1.3075

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