EUR/USD
To open long positions for EURUSD, you need:
Buyers were unable to maintain the level of 1.1786, which led to the selling of the euro in the morning. At the moment, I only recommend returning to buying the euro after updating a large support level of 1.1739 or immediately to a rebound from the level of 1.1711. The consolidation above 1.1786 in the second half of the day will lead to the euro rising to the area of daily highs of 1.1819, where I recommend locking in the profit.
To open short positions for EURUSD, you need:
Sellers can return to the market after testing a level of 1.1786, which is now resisting. The main goal continues to be updating the support of 1.1739, a breakdown below which will lead to the test of 1.1711, where I recommend locking in the profit. In case of growth above 1.1786, selling the euro would be best for a rebound from 1.1819.
GBP/USD
To open long positions for GBPUSD, you need:
Buyers of the pound failed to keep the pair at its lower support limit of 1.2841. At the moment, it would be better to return to buying the British pound after securing above a level of 1.2841, with the purpose of updating 1.2884. In case of a recession to support at 1.2815, I recommend that you buy the pound until the new weekly low is updated in the area of 1.2761.
To open short positions for GBPUSD, you need:
While the pair is below 1.2841, there is a real possibility of further decline. Forming a false breakout with an unsuccessful attempt to consolidate above 1.2841 will be an additional signal for the opening of short positions. A re-descent to 1.2815 could lead to a decline in the pound towards the area of new weekly lows at 1.2761. In case of growth above 1.2841, returning to the selling of the pound would be best for a rebound from 1.2884.
Indicators
- MA (average sliding) 50 days - yellow
- MA (average sliding) 30 days - green
- MACD: fast EMA 12, slow EMA 26, SMA
- Bollinger Bands 20
