EUR / USD
To open a long position on EURUSD, you need to:
Demand for the euro increased after a speech from ECB President Mario Draghi.
To open a short position on EURUSD, you need to:
I do not recommend selling the euro today.
GBP / USD
To open a long position on GBPUSD, you need to:
Buyers of the pound will remain in the market while the pair stays above 1.2966, which will update current resistance levels of 1.3014 and 1.3048, where I recommend locking in profits.
To open a short position on GBPUSD, you need to:
Sellers can return to the market only with a return and consolidation option that is below 1.2966, which will open a direct road to the area of weekly support levels of 1.2917 and 1.2863.
Indicators
- MA (moving average) 50 days - yellow
- MA (moving average) 30 days - green
- MACD: a fast EMA 12, Slow EMA 26, SMA
- Bollinger Bands 20
