Hello dear traders. Today is Friday, the last trading day of the week. Let’s perform an indicator analysis and look at the news summary for today.
Main news of the day
We check the economic calendar at the following time:
- USA: 3:00 p.m.; 15:30; 17:00; 20:00; 22:30.
- Eurozone: 09:00; 22:30.
- Russia: 10:30 p.m.
- UK: 11:30 a.m.; 22:30.
- Japan: 22:30.
- Australia: 22:30.
Do not forget that the release of news is one of the most unfavorable moments for entering a position. Pay special attention to the UK today.
Let’s move on to technical analysis.
Signals on EURUSD
Let’s analyze the indicator data on the four-hour (H4) timeframe.
- BB: the bands are in neutral, the price has accumulated below the midline.
- MACD: the indicator is located in the zero zone, indicating market volatility.
- RSI: the line is in a horizontal position, confirm the current flat.
Possible pivot points
Support: 1.1261; 1.1240; 1,1211.
Resistance: 1.1300; 1.1320; 1,1348.
Recommendations: we enter sales when the price approaches resistance levels. After 20:00 we do not trade (the end of the week + a number of important news is released in the US that can affect the price dynamics).
Signals on GBPUSD
Let’s analyze the data of indicators on H4.
- BB: stripes in neutral position. The price stopped the downward movement at the level of the middle line.
- MACD: bars in the negative zone, show the probability of a downward momentum.
- RSI: the line is pointing downwards, confirms the probability of a downward momentum.
Possible pivot points
Support: 1.3180; 1,3128; 1,3085.
Resistance: 1.3232; 1.3260; 1,3275.
Recommendations: sell after breaking through one of the support levels.
Signals for USDJPY
Let’s analyze the indicator data on the four-hour H4.
- BB: the bands are narrowed, indicating market instability.
- MACD: bars near the zero level.
- RSI: the line is decreasing, but the slope vector is too weak for any forecast.
Possible pivot points
Support: 100.00; 99.75; 99,50.
Resistance: 100.40; 100.80; 102,20.
Recommendations: given the end of the week, we do not conduct transactions on this pair.
If you choose trusted binary options brokers and trade strictly according to the trading plan, then you do not need to worry about the result.
Have a nice weekend everyone!
Tagged with: Binary Options Signals • Binary Options Signals • Binary Options Trading Signals
