EUR/USD Signals
The EUR/USD pair is trading within the descending price channel on the hourly chart. I recommend opening long positions in case of breakdown of resistance at 0.9845 with the aim of going up to resistance at 0.9886-0.9928. Stop below 0.9760.
I recommend opening short positions after breakdown of support at 0.9780 with the aim to go down to support at 0.9742-0.9706. Stop above 0.9855.
GBP/USD Signals
On the basis of the technical modeling on pair GBP/USD the forecast of the further movement was formed and the average urgency predisposes to decrease.
In the given technical situation it is possible to sell from level 1.1268 also it is possible to expose the pending order on sale at level 1.1445 with the purpose of decrease in area of support at level 1.0950-1.0568, the stop at the given strategy can be placed at level 1.1525.
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 can safely use this strategy.
USD/CAD Signals
USD/CAD is trading in an uptrend on the 4-hour chart. It shows that the USD/CAD is trading above the 55 moving average on the hourly chart (level 1.3708), which generally contributes to the price increase in the short term. I recommend to work on this pair from purchases on the basis of the existing wave model.
The signal for long position opening will be a break-down of resistance at 1.3777 with the aim to go up to the resistance level of 1.3838 and in case of its break-down to 1.3899. Stolploss may be placed at the level of 1.3690.
The signal for the opening of a short position is a breakdown of support at 1.3656 with the aim of going down to 1.3574, in case it is broken through 1.3507. Stolploss for this strategy can be placed at the level of 1.3820.
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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