USD/CAD is trading in a downtrend on the 4-hour chart. It shows that the USD/CAD rate is trading below the moving average with a period of 55 on the hourly chart (the level of 1.3744), which generally contributes to the decline in the price in the short term. I recommend to work on this pair from the sales on the basis of the existing wave model.
The signal for long position opening will be a break-down of resistance at 1.3785 with the aim to rise to the resistance level of 1.3853 and in case of its break-down at the end of the hour to 1.3920. Stolploss may be placed at the level of 1.3650.
The signal for the opening of a short position is a breakdown of support at 1.3646 with the aim of going down to 1.3579 if it is broken through 1.3507. Stolploss in this strategy can be placed at the level of 1.3755.
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.
The pair EUR/USD is trading within an ascending price channel on the hourly chart. I recommend opening long positions in case the resistance at 0.9867 is broken through one hour, with the aim of going up to the resistance at 0.9899-0.9926. Stop below 0.9815.
I recommend opening short positions after breakdown of support at 0.9824 with the aim to go down to support at 0.9797-0.9766. Stop above 0.9875.
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On the basis of technical modeling on pair pound/dollar the forecast of the further movement was formed and the average urgent is predisposed to rise.
In the given technical situation pound can be bought from the level of 1.1324 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 1.1499-1.1729, the stop at this strategy can be placed at the level of 1.1010.
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.