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Technical overview of the Forex market on 18.07.2017

Hello. Below view on a few interesting points to trade in the Forex market on 18.07.2017

GBPUSD

On GBPUSD rebounded from level 1,31000 and formed pattern Inner bar. Probably, the correctional movement down to the level of 1,3000, after which it will resume growth and will try to continue the growth trend. sales here do not consider, as they are against the trend.

USDCAD

On a pair USDCAD is also a pattern of Internal bar at the level 1,26500. Then the correction may be delayed until levels reach 1.2900 levels, after a good fall. Waiting for the end correction, then I will look for signals for sale.

AUDUSD

On AUDUSD after a long recoilless growth rebounded from the level 0,7800 and formed pattern Inner bar. Waiting for the correction to the area 0,77000, and then will probably continue to increase further on the up trend. Sales do not see here.

EURAUD

On the EURAUD the same inside bar at the support level 1,4667. It seems that the strength to go down is not enough and resume growth in the area of 1.5140 continuing the outset. I think you can try the purchase here.

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Changes for down 17.07.2017

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