Hello colleagues. In addition to economic news, we can trade on global news. A change in the country’s domestic politics could mark a move for several weeks. Many professional traders follow the world news.
If you trade so much according to the economic calendar, pay attention to today’s news.
Today we check the Economic Calendar at the following time:
- USA: 3:30 p.m.; 16:15; 17:00; 20:00; 22:30.
- Canada: 3:30 p.m.
- Eurozone: 12:00; 22:30.
- UK: 15:00;22:30.
Let’s consider the main signals for today.
Prediction for EURUSD
Analysis H 4:
General trend: upward.
The price is approaching the level of 1.1150 (resistance).
- MACD: in the positive zone.
- RSI: decreasing, leaving the overbought zone.
Recommendations for M 5 – H 1: we focus on the levels of 1.1150 and 1.1200. After reaching them, we enter the sale.
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Forecast for GBPUSD
Analysis H 4:
General trend: upward.
The price is approaching the level of 1.3440 (resistance).
- MACD: in the positive zone.
- RSI: decreasing.
Recommendations for M 5 – H 1: follow today’s news release. If nothing significant happens, we are waiting for the price to approach the level of 1.3500 and sell from its borders.
Prediction for USDJPY
Analysis H 4:
General trend: upward.
The price is approaching the level of 106.00 (resistance).
- MACD: in the positive zone.
- RSI: increases.
Recommendations for M 5 – H 1: today we expect a downward correction for this pair. We focus on the level of 106.30 (we sell from it).
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Happy end to the week and have a great weekend everyone!
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