EUR / USD

To open long positions for EUR/USD, it is required:

The Euro fell sharply against the US dollar and returned to weekly lows. At the moment, buyers can expect to return to the market only after a second test of the support level of 1.1682 with a large volume on it. In the case of a decline under 1.1682, it is best to postpone the purchase to a new weekly minimum of 1.1652. The consolidation above 1.1752 will also indicate further growth of the euro in the resistance area of 1.1758.

To open short positions for EUR/USD, it is required:

Sellers, after updating the week's minimums, hastened to fix the profit, which led to such a sharp rebound after the decline of the euro from the highs around 1.1789. At the moment, I recommend to go back to selling after updating the resistance of 1.1725 or after confident fixation below the level of 1.1682, which will lead to a test of the new support of 1.1652.

GBP / USD

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

Buying the pound is best after the return and consolidation at 1.2872, as there was no larger downward movement from this area in the first half of the day. You can count on the recovery in the area of the highs of the day 1.2905 with a further output to 1.2954. In the case of a pound drop in the afternoon, it's best to go back to buying after upgrading the support to 1.2843 and returning to it or to a rebound from 1.2817.

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

As long as the trade is below 1.2872, you can expect a further decline to 1.2843 and 1.2817. In the case of consolidation below 1.2843, you can increase short positions with the expectation of updating to 1.2817. If in the second half of the day, the pound returns to the resistance of 1.2872, I recommend to go back to sales only for a rebound from daily highs around 1.2905 or wait until the new level of 1.2954 is updated.

Indicators

MA (medium sliding) 50 days - yellow

MA (medium sliding) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA

Bollinger Bands 20