Stay 
Trading Conditions
Products
Tools
EUR / USD
To open long positions for EURUSD, it is required:
I recommend going back to buying European currency after the consolidation at the level of 1.1756, which limited the upside potential today in the Asian session. The break level of 1.1756 opens a good opportunity for further euro growth in the area of 1.1792 and 1.1845, where I recommend fixing profits. In the case of a decline in the pair in the morning, consider buying the most optimal in the support range of 1.1694-1.1700.
To open short positions for EURUSD, it is required:
Today, it is best not to rush the selling of euro. Updating to 1.1792 with the formation of a false breakdown will be the first signal for the opening of short positions. A more optimal level for sales is located at the new monthly maximum near 1.1845.
GBP / USD
To open long positions for GBPUSD, it is required:
Buyers of the pound will show themselves after returning to the support area of 1.3131. The formation of a false breakdown which will indicate the presence of large players in the market and will keep further upside potential for the pound in order to update to 1.3175 and 1.3206, where I recommend fixing profits. In the event of a breakdown of 1.3131, it is best to postpone purchases to the support level of 1.3082.
To open short positions for GBPUSD, it is required:
Today, sellers will try to gain a foothold below 1.3131. Testing this level from the bottom up on the volume will be a good signal to increase short positions in order to update to 1.3082 and 1.3047. In case of the continuation of trend movement, it is better to go back to pound sales when forming a false breakout at 1.3175, or immediately to rebound from a larger resistance of 1.3206.
Indicators
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
