Monday, January 14, 2019

Trading Recommendations of January 14, 2019


We have a number of trading opportunities during the day, we excluded the GBP pairs and stopped trading on it pending the results of the British vote in the evening, during the day we have a number of transactions as follows

Buy CAD JPY
The pair is currently trading above the initial support area with a distinct positive price behavior supported by the recovery of oil prices

Support 81.20
Resistance 82.00
Trading recommendation Buy
The size of the lotus is 0.1
Stop loss          80.768
Take Profit      81.768

Buy EUR USD
Looking at the pair, the pair is currently floating above the third support level, which is strong support at 1.1476, and the retreat may not exceed the key support areas at 1.1270 with
Positive price behavior
Support
Resistance 1.1566
Trading recommendation Buy
The size of the lotus is 0.1
Stop loss          1.1270
Take Profit      1.15135

Buy EUR JPY
The pair is currently trading up from a clear sell-off and is trading above the initial support levels which can be broken at any time but we have positive price behavior on the pair
Support 122
Resistance
Trading recommendation Buy
The size of the lotus is 0.1
Stop Loss        120
Take Profit      124.50             127     and      129

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