Site icon Forex trading portal #1

Trading recommendations for 19.05.2020

Hello. Below are a few recommendations for trading in the Forex market on 19.05.2020

USDCHF

USDCHF pair on Continue to move under the level 0,97500 and formed a pattern Doji. According to the statistics of transactions, we are slowly rediscovering sellers, and possibly will break the level up. about the signals in the purchase of yet and can only wait for developments. It is not excluded that go down to the lower boundary of sideways trend.

USDCAD

On a pair USDCAD continued its sideways and gradually narrows into a triangle. Today formed a pattern of Absorption. But beyond the outset did not. Probably get down to the level of 1,38500. Transactions here do not consider, I will wait for from the outset.

NZDUSD

On a pair NZDUSD again rebounded from the level of 0,5927 and formed the pattern of Absorption. Looks like forces to support is not enough, and expect the growth in the area 0,6189. The transaction is also not considered. Will wait for the development of the trend after the exit from the outset.

Exit mobile version