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09.02.201800:41 Forex Analysis & Reviews: Trading plan for the US session on February 8 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.

Exchange Rates 09.02.2018 analysis
EUR/USD

To open long positions on EURUSD, it is required:

Considering new long positions is best provided that a false breakout occurs at 1.2216 and returns to this level in the afternoon, or after the upgrade of a larger support level of 1.2176. The return and consolidation at the 1.2250 resistance will also be a definite signal to increase long positions in EUR/USD with the purpose of updating to 1.2291.

To open short positions on EURUSD, it is required:

While the trade is below 1.2250, we can expect further decline in the euro in order to update the level of 1.2216 and the main target of entering a new weekly low in the area of 1.2176, where it is recommended to lock in profits. In the case of an increase above 1.2250, selling the euro is best on a rebound from 1.2291.

GBP/USD

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

The pound buying resumed after the decision of the Bank of England on interest rates, but are limited to 1.3988 area. Only a break and consolidation above this range will make it possible to count on further growth to 1.4064. In case of a decline of one can look for long positions after updating 1.3935 or on a rebound from 1.3877.

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

Sellers have reached the level of 1.3988, but so far there has been no serious selling. While the trade is below this range, you can expect a re-decrease to 1.3935, and a break of this level will lead to daily lows in the area of 1.3877, where it is recommended to lock in profits. In the case of growth above 1.3988, one can sell the pound for a rebound of 1.4064.

Exchange Rates 09.02.2018 analysis

Descriptors

  • MA (moving average) 50 days - yellow
  • MA (moving average) 30 days - green
  • MACD: fast EMA 12, slow EMA 26, SMA
  • Bollinger Bands 20
Miroslaw Bawulski
Analytical expert of InstaForex
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