EUR / USD
To open long positions on EURUSD, it is required:
Opening long positions on the euro today is recommended after the breakdown and consolidation at the level of 1.1774, after which it will be possible to count on a larger upward movement to the area of 1.1818 with the update of the high at 1.1854, where it is recommended to lock in profits. In case of a further decline in the euro, it is best to expect buying after updating the support level to 1.1728, or immediately on a rebound from the level of 1.1698.
To open short positions on EURUSD, it is required:
While the trade is below 1.1774, sellers can count on a further decline in the trend with the update of the large support at 1.1728. It is recommended to lock in profits here. If the euro rises above 1.1774, it is best to return to short positions after updating to 1.1818 or immediately on a rebound from 1.1854.
GBP / USD
To open long positions on GBPUSD, it is required:
Returning to the level of 1.3221 level fastening on it will allow us to count on larger purchases with the renewal of the resistance level of 1.3280, where it is recommended to lock in profits today. A breakthrough in this range will open the way to new highs in the area of 1.3336. In case of a drop in the pound in the first half of the day, the best way to go back to buying is after the 1.3163 test, or on a rebound from 1.3094.
To open short positions on GBPUSD, it is required:
The next formation of a false breakdown at 1.3221 or consolidation below 1.3170 will lead to larger sales of the pound with the test at the level of 1.3094, where it is best to lock in profits. In case of growth above 1.3221, selling the pound for a rebound is recommended from the level of 1.3280.
Fears of indicators
MA (moving average) 50 days - yellow
MA (moving average) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA 9
Bollinger Bands 20
