EUR / USD
To open long positions for EURUSD, it is required:
You can buy the euro after forming a false breakdown at the level of 1.1861 with the expectation of a return to 1.1901. After growth and consolidation above the level of 1.1901, you can also look at long positions in EUR / USD with the purpose of updating to 1.1947, where I recommend fixing profit. In the case of a decline in the first half of the day below the level of 1.1861, I recommend to postpone the purchase for a rebound from the larger weekly area of 1.1796.
To open short positions for EURUSD, it is required:
Sellers will try to consolidate below 1.1861, from which they will have a good prospect of further reduction to the area of 1.1796, where I recommend today to record profits, as in the area of this level, the month may close. In the case of the growth of the euro in the morning, return to sales is best on a false breakout of 1.1901 or on a rebound from the larger resistance of 1.1947.
GBP / USD
To open long positions for GBPUSD, it is required:
Pound was again clamped in the channel. I recommend to count on purchases after the breakdown and consolidation above the level of 1.2940 with the purpose of updating to 1.2969 and reaching a new monthly maximum to 1.3014. If the pound is lowered for intermediate support of 1.2909, it is best to return to new long positions after a false breakdown of 1.2881 or to a rebound from 1.2815.
To open short positions for GBPUSD, it is required:
Sellers will try to form a false breakdown of 1.2940, and a return to this level will be an additional signal to increase short positions in the pair with the aim of lowering the lower limit of 1.2881. Breakdown and consolidation below 1.2881 will open a good opportunity to further reduce the pound for the purpose of the test 1.2815, where I recommend fixing profits.
Indicators
MA (medium sliding) 50 days - yellow
MA (middle sliding) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA 9
Bollinger Bands 20