Trading forecasts and ideas on 22.05.2020

Hello. Below are a few recommendations for trading in the Forex market on 22.05.2020


EURUSD reached 1.1000 and bounced formed a pattern Doji. The situation in the statistics of transactions begins to please, there was a speaker, and a slight advantage sellers. I want to see the exit of the sideways pattern and good trend. Maybe some more will try to gain sellers and will try to pass the level at 1.1000. The transaction is then not considered.


On a pair NZDUSD has approached the upper boundary of the sideways movement in the area 0,6150 and formed pattern Inner bar. There are also there are more sellers in the statistics transactions. And probably we will soon see, trying to get past resistance levels. Therefore, sales do not see here.


On EURJPY price formed a pattern Pin bar after Bouncing off the level 118,56. Should probably wait for the resumption of falling prices and continue the trend down. Look here to sales.

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