USD/CAD Signals
USD/CAD is trading in a downtrend on the 4-hour chart. It shows that the USD/CAD is trading above the 55-period moving average on the hourly chart (the level of 1.3736), which generally contributes to the price increase 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 1.3793 to 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 1.3645.
The signal for the opening of a short position is a breakdown of support at 1.3672, with the aim of going down to 1.3579 if it is broken through 1.3507. Stolploss for this strategy can be placed at the level of 1.3825.
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.
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 resistance at 0.9870 with the aim of going up to resistance at 0.9898-0.9926. Stop below 0.9800.
I recommend to open short positions after breakdown of support at the level of 0.9818 with the aim to go down to support at the level of 0.9791-0.9766. Stop above 0.9885.
GBP/USD Signals
On the basis of technical modeling on pair pound/dollar the forecast of the further movement was formed and the average urgent predisposition to increase.
In the given technical situation pound can be bought from the level of 1.1299 and also it is possible to expose the pending buy order at the level of 1.1171 with the purpose of increase in the area of resistance at the level of 1.1499-1.1729, the stop at the given strategy can be placed at the level of 1.1020.
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.
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