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30.01.201803:08 Forex Analysis & Reviews: Trading plan for the Asian session on January 30 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 EURUSD, it is required:

Consider new purchases of the EUR/USD after the repeated decline and the formation of a false breakout in the area of 1.2339 during the Asian session, which may lead to a return to the resistance area of 1.2389. If the buyers manage to get above 1.2389 during the Asian session, then I recommend that you keep long positions in euros before updating 1.2449.

To open short positions for EURUSD, it is required:

While trading is below 1.2389, you can count on a second test and a breakdown at 1.2339. However, a larger downward movement in the Asian session in the area of 1.2255 will unlikely occur, so the intermediate target is the area of 1.2300, where I recommend locking in profits.

Exchange Rates 30.01.2018 analysis

GBP/USD

To open long positions for GBP/USD, it is required:

It is best to consider long positions on the pound after a return and consolidation at 1.4086, which may lead to a larger upward correction towards the area of 1.4159, where I recommend locking in the profit. In the event of a further decline, it would be best to buy the pound after a rebound from 1.4015.

To open short positions for GBP/USD, it is required:

While the trade is at 1.4086, we can continue to rely on the continuation of the pound's decline with an update at 1.4015 and the key goal of reaching a more powerful level of 1.3920, where I recommend locking in profits. In case of a return to 1.4086, short positions can be returned immediately to a rebound with a test of 1.4159.

Exchange Rates 30.01.2018 analysis

Indicator description

  • Moving Average (average sliding) 50 days - yellow
  • Moving Average (average 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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