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Forex Signals for USD/CAD, EUR/USD and GBP/USD on 14/10/2022

EUR/USD, currency, GBP/USD, currency, USD/CAD, currency, Forex Signals for USD/CAD, EUR/USD and GBP/USD on 14/10/2022

USD/CAD Signals

USD/CAD is trading in an uptrend on the 4-hour chart. It shows that the pair USD/CAD trades above the moving average with a period of 55 on the hourly chart (level 1.3720), which generally contributes to the rise in 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 1.3853 with the aim to go up to the resistance level of 1.3920 and in case of its break-down at the end of the hour to 1.3993. Stolploss may be placed at the level of 1.3770.

The signal for the opening of a short position is a breakdown of support at 1.3719 with the aim of going down to 1.3646, in case it is broken through 1.3578. Stolploss in this strategy can be placed at the level of 1.3785.

Taking into account that the moving average and the location of the boundaries of technical figures moves 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.

USD/CAD 4-hours Chart Forex

EUR/USD Signals

EUR/USD is trading within the ascending price channel on the hourly chart. I recommend opening long positions in case resistance at 0.9810 is broken in an hour with the aim of going up to resistance at 0.9843-0.9877. Stop below 0.9750.

I recommend opening short positions after breakdown of support at 0.9761 with the aim to go down to support at 0.9725-0.9690. Stop above 0.9820.

EUR/USD 1-hour Chart Forex

If you are interested in EUR/USD analytics, we recommend you to visit the analytics page, where you can find the latest analytics on Forex from top traders from all over the world. These analytics will be useful both for beginners and professional traders. The Forex signals service makes it much easier for beginners to make their first steps in trading on the financial markets. The latest EUR/USD forecasts and signals contain support and resistance levels, as well as stop-loss levels.

GBP/USD Signals

On the basis of the technical modeling on pair pound/dollar the forecast of the further movement was formed and the average urgent predisposition to rise.

In the given technical situation pound can be bought from the level of 1.1289 and also it is possible to expose the pending buy order at the level of 1.1128 with the purpose of increase in the area of resistance at the level of 1.1486-1.1729, the stop at this strategy can be placed at the level of 1.0975.

If we gain a profit of 30 pips or more, we fix 50% of the position, and place the rest at a lossless position. If this forecast for GBP/USD coincides with your opinion, then you should feel free to use this strategy. 

GBP/USD 4-hours Chart Forex
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Symbols EUR/USD, GBP/USD, USD/CAD

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