Hello. Below are a few recommendations for trading in the Forex market on 22.02.2018
For AUDCAD pair again rebounded from the level of 1,00000 and formed the pattern of Absorption. Terms of a trend reversal is not yet done and the trend line is not passed. But it looks to be a Double top, and try to reverse the trend.
On EURJPY formed a pattern Pin-bar. Pattern suspended in the air and below the level of support level at 1.3180 which repeatedly fought back. Transactions on pattern be considered not worth it.
On the pair AUDJPY has formed a pattern of Absorption at the level of 84,500. It seems that is expect continue falling after a small correction. Consider there sales targets of 82.00 and below.
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Changes in 21.02.2018
- Thomson Reuters IFR triggered a Sell Limit on USD/JPY from 107,40
- Thomson Reuters IFR triggered a Buy Limit on AUD/USD with 0,7870
- Thomson Reuters IFR changed a Sell on USD/JPY. Set TR on 106,30 changed SL from 108,40 for 108,10
- Thomson Reuters IFR changed a Buy on AUD/USD. Set TR at 0.8115.