EUR / USD
To open a long position on EURUSD it is required:
Bulls failed to catch on a level of 1.1407, which stopped the upward morning trend.
To open a short position on EURUSD it is required:
Sellers played the 1.1407 level, however, a larger and more sustained downward trend has not been established.
GBP / USD
For opening long positions on GBPUSD it is required:
Buyers made a false breakdown at a level of 1.2865, which I drew attention to during the morning forecast, and after returning to it the demand for pound resumed.
For opening short positions on GBPUSD it is required:
I recommend the selling of the pound only after updating the current high and a return to the level of 1.2903, or immediately to rebound from a larger resistance level of 1.2953.
Indicators
- MA (moving average) 50 days - yellow
- MA (moving average) 30 days - green
- MACD: a fast EMA 12, Slow EMA 26, SMA 9
- Bollinger Bands 20
