Sunday, January 27, 2019

Trading opportunities for January 28, 2019

During the beginning of the trading we saw some decline on the euro pairs, while again waiting for the result of the British vote, political problems in America weaken the dollar a lot, oil prices have not settled yet
So we will make the trades a little and without much risk during that period
Trading recommendations are as follows

EUR AUD
The pair started to rebound from oversold areas and managed to stay above 1.58 support
Trading Recommendation
Buy the pair with 1.559 targets

EUR NZD
The pair started trying to bounce back from its 2-week low, currently the pair is currently bullish and trading above 1.660 support area
Trading Recommendation
Buy the pair with 1.677 targets

EUR CAD
The pair is trading below the 1.510 support level and we have stronger support at 1.504, the pair is currently bullish and can start ascending at any moment
Trading Recommendation
Buy the pair with 1.519 targets

USD JPY
The pair started to bounce back from its 2-week low and the highest support is 108 pips targeting the first major resistance areas 109.90
Trading Recommendation
Buy the pair with 110.00 targets

CHF JPY
The pair is trading within a tight range between 110.50 and 109.50 which makes chances of reaping some points from the pair possible but we recommend buying only during that period
Trading Recommendation
Buy the pair with 110.50 targets



All trades are open only on the trading platform https://www.fxdd.com/mt/en

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