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22.01.201809:37 Forex Analysis & Reviews: Trading plan for the European session on January 22 EUR / USD and GBP / USD

Long-term review
Essas informações são fornecidas a clientes profissionais e de varejo como parte da comunicação de marketing. Elas não contêm e não devem ser interpretadas como consultoria, recomendação de investimento ou uma oferta ou solicitação para se envolver em qualquer transação ou estratégia em instrumentos financeiros. O desempenho passado não é uma garantia ou previsão de desempenho futuro. A Instant Trading EU Ltd. não se responsabiliza pela exatidão ou integridade das informações fornecidas, ou por qualquer perda decorrente de qualquer investimento com base em análises, previsões ou outras informações fornecidas por um funcionário da Empresa, ou de outra forma. O termo de responsabilidade completo está disponível aqui.

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.

Exchange Rates 22.01.2018 analysis

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.

Exchange Rates 22.01.2018 analysis

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

Miroslaw Bawulski
Analytical expert of InstaForex
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