Hello colleagues, Independence Day in the United States has passed. Today, the Economic Calendar must be checked at the following times:
- Eurozone: 10:55; 11:00.
- USA: 5:00 p.m.; 21:30.
- UK: 11:30 a.m.
Forecast for EURUSDAnalise H 4:
The general trend is neutral.
The price is approaching the level of 1.1120 (support).
- MACD: in the positive zone.
- RSI: increases.
Recommendations for M 5 – H 1: from the level of 1.1120 we are looking for buy entries. Next, we follow the price reaction to the level of 1.1200. There are two options:
breakout and consolidation – we are looking for buy entries;
Consolidation – we do not trade, because the price has been decreasing for too long.
Forecast for GBPUSD
Analysis H 4:
The general trend is neutral.
The price is approaching the level of 1.3185 (support).
- MACD: in the positive zone.
- RSI: decreasing.
Recommendations for M 5 – H 1: from the level of 1.3150 we are looking for short buy entries.
Prediction for USDJPY
Analysis H 4:
The general trend is neutral.
The price is approaching the level of 102.90 (support).
- MACD: in the negative zone.
- RSI: decreasing.
Recommendations for M 5 – H 1: key levels 101.00 and 103.00. From 101.00 we are looking for buy entries. When the price approaches 103.00, there are two options:
breakout and consolidation – we are looking for buy entries;
Consolidation – we open short sales.
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