USDCAD Signals
USD/CAD is trading in a downtrend on the 4-hour chart. On the hourly chart, you can see that the USD/CAD is trading below the MA with a period of 55, which corresponds to the level of 1.3372 and generally contributes to the decline in the price in the short term. I recommend to trade on this pair - buy on the basis of the existing wave pattern.
The signal to open a long position will be a breakdown of the resistance at 1.3417, with the aim to rise to the resistance at 1.3497 and in case of its breakdown - further to 1.3574. I recommend to place a stop-loss for this strategy at 1.3290.
The signal to open a short position (sell) is a breakdown of the support at 1.3301, with the aim to continue lowering to the support at the next level 1.3227 and in case of further breakdown to 1.3149. Stop-loss in this strategy can be placed at the level of 1.3455.
Taking into account that the moving average and the location of the technical figure boundaries move over time, it is necessary to make adjustments to their positions. I also recommend opening positions by the end of the hour to avoid false breakouts.
EURUSD Signals
The pair EUR/USD trades within the ascending price channel on the hourly chart. I recommend opening long positions (buy) in case of breakdown of the resistance at 1.0430 and further rise to the resistance at 1.0458-1.0488. Stop loss is set below the level of 1.0370.
I recommend opening a short position after breakdown of support at 1.0382 and further decline to the support at 1.0354-1.0327. Stop loss is above 1.0435.
GBPUSD Signals
Taking the technical modeling of the pound/dollar pair as a basis, you can form a forecast of further movement in this forex pair. The pair has a medium term tendency to rise.
In the given technical situation it is recommended to buy the pound from the level of 1.2007, it is also possible to place pending buy order at the level of 1.1920 with the further increase aiming at the resistance range of 1.2263-1.2376, I recommend to place a stop at the level of 1.1745.
Upon gaining a profit of 30 pips or more, we close 50% of the position, the remaining position is set at no loss. If this forecast for GBP/USD coincides with your personal opinion, you can confidently use this trading strategy.