Monday, May 7, 2018

Trading Recommendations During the period from May 7, 2018 to May 12, 2018


The major currency pairs are trading lower against the US dollar, but this may represent the correction we need before moving towards the 2013 and 2014 levels, especially as we found gold to resist resistance above 1290 so we will place outstanding orders on currency pairs as follows


BUY   AUD USD      @        0.7333             SL       0.7233             TP        0.790
BUY   EUR JPY        @        128.35             SL       127.35             TP        135.33
BUY   EUR USD       @        1.1823             SL       1.1800             TP        1.239
BUY   GBP JPY        @        145.40             SL       138                  TP        156
BUY   GBP USD       @        1.3284             SL       1.3030             TP        1.461
BUY   USD JPY        @        104.30             SL       102                  TP        112
BUY   GOLD             @        1275                SL       1200                TP        1385
BUY   CHF JPY        @        108.8               SL       106                  TP        113
BUY   EUR AUD      @        1.5616             SL       1.540               TP        1.6345
BUY   EUR CAD      @        1.5169             SL       1.5000             TP        1.6095
BUY   NZD JPY        @        74.10               SL       73.10               TP        81.00

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