EUR / USD
To open long positions for EURUSD, you need:
Buying the euro is best considered when upgrading the first intermediate support level of 1.1753 with the formation of a false breakdown, which will give a chance for an upward correction to the area of 1.1785 and an update of resistance to 1.1806, where I recommend fixing the profit. In case of a larger euro decline in the first half of the day below the level of 1.1753, I recommend buying back after the testing area of 1.1715-1.1725.
To open short positions for EURUSD, you need:
Sellers will try to gain a foothold below 1.1753, which will be a good signal to increase short positions in order to update to 1.1725 and 1.1715, where I recommend fixing profits. If the euro rises in the first half of the day, it is best to return to selling after the resistance test at 1.1806 or on a rebound from a larger level of 1.1855.
GBP / USD
To open long positions for GBPUSD, you need:
Buyers today need to keep the pair above the 1.3347 level. The formation of a false breakdown will serve as an additional signal to increase long positions on the pound for the purpose of updating to 1.3415 and further exit at 1.3465, where I recommend fixing profits. In case of a fall below 1.3347, it's best to go back to buying from 1.3309 or after updating to 1.3271.
To open short positions for GBPUSD, you need:
Sellers will try to gain a foothold below 1.3347, which would be a good signal to increase short positions in order to update to 1.3309 and exit at 1.3271, where I recommend fixing profits. In the event of a false breakout at 1.3347, it is best to return to selling after growth to 1.3415 or to a rebound of 1.3465.
Indicator descriptions
MA (moving average) 50 days - yellow
MA (moving average) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA 9
Bollinger Bands 20
