Signals EUR/USD
The EUR/USD pair is trading within the ascending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9848 with the aim of going up to resistance at 0.9888-0.9934. Stop below 0.9770.
I recommend opening short positions after breakdown of support at 0.9783 with the aim to go down to support at 0.9741-0.9697. Stop above 0.9865.
Signals GBP/USD
On the basis of technical modeling on pair pound/dollar the forecast of the further movement was formed and the average urgency predisposes to decrease.
In the given technical situation pound can be sold from the level of 1.1172 and also it is possible to expose the pending sell order at the level of 1.1244 with the purpose of decrease in the support area at the level of 1.0826-1.0293, the stop at this strategy can be placed at the level of 1.1430.
If we gain a profit of 30 pips or more we fix 50% of the position, and place the rest of the profit at no-loss. If this forecast for the GBP/USD pair coincides with your opinion, then you can safely use this strategy.
Signals USD/CAD
USD/CAD is trading in an uptrend on the 4-hour chart. It shows that the USD/CAD rate is trading above the 55-period moving average on the hourly chart (1.3720 level), which generally contributes to the price increase in the short term. I recommend to work on this pair from sales on the basis of the existing wave model.
Breaking through resistance at 1.3838 with the aim to go up to resistance at 1.3900 will be a signal to open a long position, and if it is broken through to 1.3946 by the end of the hour. Stolploss may be placed at the level of 1.3710.
The signal for the opening of a short position is a breakdown of support at 1.3719 with the aim of going down to 1.3662, in case it is broken through 1.3596. Stolploss in this strategy can be placed at the level of 1.3855.
Taking into account that the moving average and the location of the technical figure boundaries move over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend opening positions by the end of the hour to avoid false breakouts.
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