EUR / USD

To open long positions on EURUSD, it is required:

Pressure on the euro persists. Counting on a return of the buyers to the market is best after the formation of a false breakdown at 1.1763 or on a rebound from larger areas in the area of 1.1740 and 1.1726. In case of growth and consolidation above 1.1786 close to the second half of the day, you can expect larger purchases of the euro with the expectation of an exit to 1.1815, where it is recommended to lock in profits.

To open short positions on EURUSD, it is required:

Sellers will try to gain a foothold below 1.1763, which opens up good prospects for a further decline in the euro for the purpose of testing 1.1740 and 1.1726, where it is recommended to lock in profits. In case of unsuccessful fastening below 1.1763, it is best to return to short positions after the repeated resistance test of 1.1786, or on a rebound from 1.1815.

GBP / USD

To open long positions on GBPUSD, it is required:

It is better to consider long positions on the pound after updating the low of yesterday with a return to 1.3241, from which it will be possible to count on a larger upward trend with testing at 1.3286. Fastening above 1.3286 after good inflation data may bring the GBP / USD back to the area of 1.3334 and 1.3375, where it is recommended to lock in profit.

To open short positions on GBPUSD, it is required:

You can sell the pound after the breakdown and consolidation under the level of 1.3241 but a larger downward movement can be formed only after the weak inflation data in the UK. In this scenario, you can expect to update the support levels in the area of 1.3172 and 1.3125, where it is recommended to lock in the profits. In case of a growth in pound in the morning, you can go back to sales at a rebound of 1.3334, or already from a larger resistance of 1.3375.

Indicator description

MA (moving average) 50 days - yellow

MA (moving average) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA 9

Bollinger Bands 20