Good morning everyone. Let’s take a look at the main signals for today.
Times to visit the Economic Calendar:
- Eurozone: 12:00.
- USA: 3:30 p.m.
- Canada: 5:00 p.m.
Signal for the EURUSD pair
Analysis H 4:
General trend: upward.
The price is between the levels of 1.1345 and 1.1400.
- MACD: increases, but tends to zero.
- RSI: in a horizontal position and is near the overbought zone.
Recommendations for M 5 – H 1: if the price falls below the level of 1.1300, then we are looking for sell entries. If the correction is not so deep, we buy.
Signal for the GBPUSD pair
Analysis H 4:
General trend: neutral
Price between levels 1.4490 and 1.4585.
- MACD: in the positive zone
- RSI: decreasing.
Recommendations for M 5 – H 1: after yesterday’s gap, the currency pair cannot decide on the direction in any way. Given the upper border of the channel and a large 4-hour overhang with a long tail upwards, we should expect a downward correction. Therefore, we do not trade or look for sell entries.
Signal for the USDJPY pair
Analysis H 4:
General trend: decreasing.
Nearest strong levels: 107.90; 106.50.
- MACD: in the positive zone.
- RSI: came out of the oversold zone, but stopped growing.
Recommendations for M 5 – H 1: we are looking for sell entries near the level of 107.90. If it breaks through and grows rapidly, we do not re-enter the position.
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Good luck!
Tagged with: Binary Options Signals • Binary Options Signals • Binary Options Trading Signals
