EUR/USD Signals
The pair EUR/USD is trading within the ascending price channel on the hourly chart. I recommend opening long positions in case of breakdown of the resistance at 1.0000 with the aim of going up to the resistance at 1.0044-1.0085. Stop below 0.9940.
I recommend to open short positions after breakdown of support at the level of 0.9951 with the aim to go down to support at the level of 0.9910-0.9869. Stop above 1.0010.
GBP/USD Signals
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 within the limits of correction.
In the given technical situation it is possible to sell from level 1.1488 also it is possible to expose the pending order on sale at level 1.1625 with the purpose of decrease in area of support at level 1.1275-1.1155, the stop at this strategy can be placed at level 1.1655.
If we gain a profit of 30 pips or more, we fix 50% of the position, and place the rest at no-loss. If this forecast for the GBP/USD pair coincides with your opinion, then you should feel free to use this strategy.
USD/CAD Signals
USD/CAD is trading in a downtrend on the 4-hour chart. It shows that USD/CAD is trading below the moving average with a period of 55 on the hourly chart (level of 1.3697), which generally contributes to the decline in the price in the short term. I recommend to work on this pair from sales on the basis of the existing wave model.
The signal for long position opening will be a break-down of resistance at 1.3595 with the aim to go up to the resistance level of 1.3662 and in case of its break-down at the end of the hour to 1.3719. Stolploss may be placed at the level of 1.3490.
The signal for the opening of a short position is a breakdown of support at 1.3507 with the aim of going down to 1.3442, in case it is broken through 1.3372. Stolploss for this strategy may be placed at the level of 1.3615.
Considering that the moving average and the positioning of the technical figure boundaries move over time, it is necessary to make corrections in their positions on the hourly chart. I also recommend to open positions by the end of the hour to avoid false breakouts.
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