EUR/USD

To open long positions for EURUSD, you need:

Buyers did not attempt to gain a foothold above the first resistance level of 1.1858, and it continues to be their main concern. Only a breakdown and yield above 1.1858 would open the possibility of restoring the euro towards the resistance area of 1.1903 and 1.1954. In case the euro declines, you can count on buying after a false breakout in the area of 1.1796 or immediately on a rebound from 1.1731.

To open short positions for EURUSD, you need:

Sellers retained 1.1858, however, at the same time a larger downward movement in the area of 1.1796 did not happen. A repeated false break of 1.1858 and a return to this level will be a good signal to raise short positions with the target of 1.1796 and 1.1731, where I recommend locking in the profit. If the euro rises above 1.1858, it is better to postpone sales until the monthly peak is updated and a return under 1.1903 or to sell immediately for a rebound of 1.1954.

GBP/USD

To open long positions for GBPUSD, you need:

I do not recommend buying the British pound today in the afternoon. Some profit-taking and a rebound will be noticeable in the support area of 1.3073, which sellers are currently seeking. In the event of a return and consolidation above 1.3130, an upward adjustment to the pound could continue until a level of 1.3171 is updated.

To open short positions for GBP USD, you need:

You can sell the pound further after forming a false breakout and returning to the level of 1.3130 in order to reduce a larger support of 1.3073. In case of an upward correction, you can immediately see selling of the pound on a rebound from 1.3171.

Indicators

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