EUR/USD

To open long positions on EURUSD, it is required:

For buyers today, the main goal is to consolidate to 1.1667, which will lead to the increase of long positions in the euro with a prospect of further recovery to 1.1708 and 1.1753, where it is recommended to lock profits. In case of a decline to the level of 1.1634, it is recommended to return to buying only after the formation of a false breakdown there, or to completely postpone them until an update to 1.1602. To open long positions on the euro on the rebound, it is recommended only in the area of 1.1564.

To open short positions on EURUSD, it is required:

Sellers will try not to allow growth above 1.1667, and will also struggle to consolidate below 1.1634, which will lead to a deeper downward correction to the area of 1.1602 and to update to 1.1564, where it is recommended to exit short positions. If the euro rises above 1.1667, it is best to delay sales to upgrade to 1.1708 or sell immediately for a rebound of 1.1753.

GBP/USD

To open long positions on GBPUSD, it is required:

Buyers of the pound will expect to consolidate above 1.3045, which will open up the possibility for a further upward trend in the British pound, with an update of 1.3083 and 1.3121, where it is recommended to fix profits. If the pound is lower in the morning, there is no need to rush to buy in the area of 1.3016. It is better to wait for the formation of a false breakdown there, or to update the larger support levels of 1.2991 and 1.2963.

To open short positions for GBPUSD, it is required:

Pound sellers can declare after a false breakdown is formed and return to level of 1.3045, or after the update of the new resistance to 1.3083, where the presence of a peak volume will indicate the locking in of profits on long positions. To sell immediately for the pound on rebound, it is recommended only after updating to 1.3121. If in the first half of the day there is a return to the level of 1.3016, then, it is likely that its breakdown will take place, and this is an obvious signal to increase short positions with the expectation of updating for 1.2991 and 1.2963.

Fears 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

To familiarize with the basic concepts and the general rules of my TS see here.