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Business / Finance

Daily technical analysis for 5.11.2018

Portal Forex trader 04.11.2018 at 22:51

Forex trading strategies, expert advisors, indicators, video training trade

Hello. Let's see below what an interesting to trade in the Forex market at the beginning of the new trading week 5.11.2018

EURUSD

On the EURUSD pair formed a pattern Pin bar after Bouncing off the level 1.14500. levels. Veoyatno upside correction is over and continue the down trend. Consider there sales.

USDCHF

On USDCHF as a pattern Pin-bar level 1,00000. Probably will continue the growth trend up. The sellers in the statistics of transactions dominated and probably at their expense and will increase. Consider purchase here.

USDCAD

On a pair of USDCAD formed a pattern Doji at the district trend line. I think it's worth to wait for growth to continue and look at the purchases. The sellers in the statistics of transactions can contribute to this.

USDJPY

On the USDJPY pair rebounded from trend line and formed a pattern of Absorption. Then consider buying with the expectation of a continuation of the trend up. Purpose shopping 114,500 and up.

regards, Artem aka TeaDrinker

last autumn