EUR / USD

To open long positions for EUR / USD pair, you need:

There were no changes in the first half of the day. Buyers are still counting on growth and consolidation above 1.1756, which will serve as a good signal to increase long positions in order to reach the new monthly highs of 1.1803 and 1.1845. The ideal option for opening long positions will be after the formation of a false breakdown in the area of support at 1.1716. In the case of a larger decline in the euro, it is recommended to go back to buying after reaching the levels of 1.1671 and 1.1624.

To open short positions for EUR / USD pair, you need:

Sellers will try to gain a foothold below 1.1716, which will open the opportunity to reduce the area of larger support levels at 1.1671 and 1.1624, where fixing profits are recommended. Sales are expected after a failed attempt to rise and return towards the level of 1.1756, as the formation of a divergence can no longer be considered. In the case of a larger growth, you can immediately sell on a rebound from 1.1803.

GBP / USD

To open long positions for GBP / USD pair, you need:

For the pound, buyers formed a new level of support at 1.3102. A break and consolidation at the level of 1.3135 will be an additional signal to increase long positions which are expected to reach a new weekly high in the area of 1.3176. If the pound is reduced to the support area of 1.3102, it is recommended to purchase only after the formation of a false breakdown.

To open short positions for GBP / USD pair, you need:

Sellers can return after an unsuccessful attempt to consolidate to 1.3135. A return to this level could lead to the decline of the GBP/USD to the support area of 1.3102 once again possibly towards 1.3069. If the pound is higher than 1.3135, you can immediately return to selling after a rebound to 1.3176 today.

Fears of indicators

• MA (average sliding) 50 days - yellow
• MA (average sliding) 30 days - green
• MACD: fast EMA 12, slow EMA 26, SMA
• Bollinger Bands 20

To familiarize with the basic concepts and the general rules of the TS is possible here.