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Herramientas
EUR/USD
To open long positions for EURUSD, it is required:
The level of 1.2460 did not resist the second test of sellers, therefore it is better to consider new long positions after updating the larger support of 1.2426, with the main goal of a return to 1.2460 and an exit to the middle of the 1.2500 channel, where I recommend locking in the profit. In the absence of demand for the euro in the area of 1.2426, it is best to postpone purchases to a support of 1.2387.
To open short positions for EURUSD, it is required:
A retest at 1.2460 led to the breakdown and this level, which opens new lows for sellers in the area of 1.2426 and 1.2387, is where I recommend locking in profits. If the euro rises in the second half of the day, short positions can be viewed immediately at a rebound of 1.2500.
GBP/USD
To open long positions for GBP/USD, it is required:
You can count on long positions after upgrading a large support level around 1.4008, and in the absence of a large volume in this range, long positions are best postponed until a test of 1.3949. The main goal of buyers will be a return and a consolidation above 1.4074 by the end of the day.
To open short positions for GBP/USD, it is required:
The first target for short positions at the moment is the area of 1.4008, the consolidation below which opens a straight road to a new low at 1.3949, where I recommend locking in profits. In the event of an upward correction for the pound in the afternoon, selling the GBP/USD can be considered on a rebound from 1.4074.
Indicator description
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