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Market Analysis for 1 May 2018

Our outlook is still positive for the Pound and the Euro, the Dollar will continue to retreat and the Japanese Yen, Gold needs some downside before we start to open long positions

This week's trading recommendations are as follows

BUY XAUUSD AT 1310      SL 1290          TP 1325
BUY GBP USD AT 1.3760   SL 1.3760       TP 1.410
BUY GBP JPY AT 150.48    SL 149.0         TP 152.0
BUY EUR USD AT 1.2050   SL 1.2000       TP 1.2140
BUY EUR JPY AT 131.85    SL 131.00       TP 132.50

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