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EUR / USD
To open long positions for EUR/USD, it is required:
The formation of a false breakout with a return to the level of 1.2215 will be the first signal for the opening of long positions in euros, and the consolidation above 1.2253 will allow for a larger upward movement with the update of 1.2294 and the main target of 1.2342, where I recommend fixing the profit. In the case of a decline in the euro in the first half of the day below the level of 1.2215, I recommend considering long positions only after updating to 1.2169 or on a rebound from 1.2127.
To open short positions on EUR/USD, it is required:
The formation of a false breakout at 1.2253 and a return to this level may lead to the correction of the euro in the morning to the support area of 1.2215, and a consolidation below this range will lead to a sale to a stronger level of 1.2169 and 1.2127, where I recommend fixing the profit. In the case of growth above 1.2253, consider the new short positions best after the test of 1.2294, with the formation of a false breakdown there, or on a rebound from 1.2342.
GBP / USD
To open long positions in GBP / USD:
Returning to 1.3882 will be a good signal to increase long positions in the pound, in order to update the new monthly highs in the 1.3940 area and exit at 1.3980, where I recommend fixing profits. If the pound is lowered in the first half of the day under the level of 1.3849, long positions can only be sought for a rebound from the support of 1.3806, or even lower, around 1.3758.
To open short positions on GBP / USD, it is required:
The formation of a false breakout at 1.3882 will be the first signal for the resumption of a downward trend with a view to securing below the intermediate support area of 1.3849, which will lead to a large sell-off of the pound and the upgrade of the level 1.3806 with an exit at 1.3758, where I recommend fixing the profit. In the case of a pound rising above 1.3882, I recommend to open short positions only after forming a false breakout at 1.3940 or a rebound from 1.3980.
Indicators
MA (average sliding) 50 days - yellow
MA (middle sliding) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA 9
Bollinger Bands 20
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