EUR / USD
To open long positions on EURUSD, it is required:
Steadying at 1.1660 may prompt buyers to update weekly highs around 1.1705, where it is recommended to lock in profits in the morning. In case of unsuccessful rise above the level of 1.1660 and return under this level, it is the best way to return to buying the euro.
To open short positions on EURUSD, it is required:
Sellers will count on the formation of a false breakout and return to the level of 1.1660, which will lead to the sale of the euro with the test of 1.1614, and the fastening below this level will hit the orders of buyers that will crash EUR / USD to the area of 1.1577, where it is recommended to lock in profits today. In the case of growth above 1.1660, one can return to euro-selling after updating to 1.1705 or on a rebound from 1.1759.
GBP / USD
To open long positions on GBPUSD, it is required:
The movement of the pound will depend on the decision of the Bank of England. 1.3371 and 1.3412. 1.3371 and 1.3412. If the rate is raised, it is possible to revive the breakthrough of the level of 1.3296 and 1.3334 with the further target of growth in the area of resistance 1.3371 and 1.3412. If the rate is left unchanged, then buying the pound today is not recommended, even if it is reduced to large levels of support.
To open positions for GBPUSD, it is required:
Keeping up the rate of unchanged in the area of 1.3204 and 1.3167 and 1.3272 and 1.3244, and then in a larger sale, will crash the GBP / USD. The main target will be the area of 1.3130, where it is recommended to take profit on short positions.
Descriptor:
- MA (moving average) 50 days - yellow
- MA (moving average) 30 days - green
- MACD: fast EMA 12, slow EMA 26, SMA 9
- Bollinger Bands 20
