Good morning colleagues. Let’s consider the market signals for today.
Times to visit the Economic Calendar:
- Eurozone: 10:55 a.m.
- UK: 11:30 a.m.
- USA: 17:00.
Signal for the EURUSD pair
Analysis H 4:
General trend: neutral, the price is between the levels of 1.1100 and 1.1125.
- MACD: in the positive zone, but is approaching zero.
- RSI: decreasing.
Recommendations for M 5 – H 1: we are waiting for the direction in which the price will move. Benchmark: level 1.1150. If it breaks through, we are looking for buy entries.
Signal for the GBPUSD pair
Analysis H 4:
The general trend is neutral.
The price is consolidating near the level of 1.4485.
- MACD: decreasing.
- RSI: enters the growth phase.
Recommendations for M 5 – H 1: we trade only if the price approaches the level of 1.4600 (we are looking for a buy entry).
Signal for the USDJPY pair
Analysis H 4:
The general trend is neutral.
Nearest strong levels: 111.00; 110.05.
- MACD: in the negative zone.
- RSI: decreasing.
Recommendations for M 5 – H 1: we are waiting for the price to approach 110.40. After breaking through it, we are looking for a sell entry.
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Good luck!
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