Thursday, 2 August 2018

FOREX TS, 02/08/18

Posted by Anonymous at 12:25 Labels:


EUR / USD
Yesterday, the pair continued to trade within the triangle range, while again pushing away from the upper boundary. In early European trading, the pair continued to decline and today is testing the level of $ 1.1640 on the background of stronger US currency. The next support is located in the zone $ 1.1610 and further $ 1.1595.
Trading recommendations longs at these levels and lower down to $ 1.1610
GBP / USD
After some consolidation, the pressure on the pair continued. Today, the pair is storming the level of 1.3090 and, with its confident passage; we can expect the market to fall into the zone of 1.3000 and below 1.2950.
Trading recommendations-shorts with a target of 1.3000
AUD / USD
The market continued its decline and fell into the 0.7370 zone amid the strengthening of the US dollar. The sideway trade dynamics is preserved as the strategy of trading inside the channel.
Trading recommendations - longs in the 0.7370 zone and below
USD / JPY
The operational picture has significantly changed in this market. The pair has fixed above the level of JPY111.45 and continued to gain to JPY112.20, which is the resistance zone. Local support is located in the zone JPY111.75.
Trading recommendations - longs in the $ 111.75 zone and lower

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