Tuesday, 10 July 2018

Trading signals, 10/07/18

Posted by Anonymous at 13:02 Labels:

EUR / USD- for longs it's better to wait for the bulls to take the level $ 1.1755
The pair was able to consolidate to $ 1.1780, but later adjusted. An ascending channel was formed, but so far there have been no fixed actual closures above $ 1.1755, which is alarming. The support zone is located at $ 1.1720. Let's see how events will develop further. We recommend reducing the volume of longs or is even to stay out of the market.
Recommendations-out of the market
GBP / USD - political risks interrupted the development of an upward correction
The risks of the political crisis in England significantly undermined the emerging strength of the British currency and led to sales. As a result, the pair failed to moved into the new price range $ 1.3300- $ 1.3450. At the same time, support for $ 1.3205 is still relevant. The situation is not simple for making decisions, and in the market it is a sign to refrain from actions.
Recommendations - out of the market
Gold fulfilled the minimum goal
Strategically, the situation on gold has not changed much since Monday session. After some growth, profit-taking followed and local correction. Based on the results of the past week, we can conclude that the local bottom was found in the $ 1240 zone. Support is located in the $ 1250- $ 1255 zone.
Recommendations - longs in the $ 1250 zone
AUD / USD- all attention to the zone 0.7450-0.7437
The strengthening USD dollar suspended the growth of the pair. In the nearest trading hours the nearest support zone 0.7450-0.7437 will be checked for strength. There are chances for cautious longs. But watch out!
Recommendations – careful longs

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