USDCAD signals
The USD/CAD pair is trading within an uptrend on a 4-hour chart. The chart shows that the USD/CAD rate is trading below the moving average with a period of 55, which corresponds to the level of 1.3432. This helps to reduce the price in the short term. Recommendation - sales for this pair based on the established wave model.
The signal to open a long position, to buy, will be a breakdown of resistance at the level of 1.3497 in order to increase the rate to resistance at the level of 1.3597. If this level is deflected, it will move further to 1.3667. At the same time, I recommend placing the stop loss at 1.3380.
The signal to open a short position, to sell, will be a breakdown of support at the level of 1.3393 with the aim of further decline to the next support level of 1.3301. When it breaks through, it goes further to 1.3227. I recommend placing the stop loss with this strategy at the level of 1.3515.
EURUSD signals
The EUR/USD pair is trading within the ascending price channel on the hourly chart. I recommend opening long positions in case of breakdown and consolidation of the resistance at 1.0449 by the hourly candle in order to further increase to the resistance at 1.0475-1.0498. It is desirable to set the stop loss below 1.0390.
I recommend opening short positions after the breakdown at the end of the support hour at the level of 1.0403 and with the further aim of reducing to support in the range of 1.0379-1.0354. We set the stop loss above the 1.0455 level.
GBPUSD signals
Based on technical modeling for the pound dollar pair, a technical forecast of further movement has been formed and the pair is predisposed to increase in the medium-term perspective.
In this technical situation, the British pound can be bought from the level of 1.2027 and place a pending buy order at 1.1981 with the aim of further increasing to the resistance area in the range of 1.2337-1.2468. With this strategy, it is better to place the stop loss at 1.1880.