Good morning colleagues. Let’s consider the main market signals for today.
Important economic news:
See more events here: Economic Calendar
Signal for the EURUSD pair
Analysis H 4:
General trend: neutral, the price is between the levels of 1.1180 and 1.1215.
- MACD: in the negative zone, but is approaching zero.
- RSI: increases.
Recommendations for M 5 – H 1: we are waiting for which of the levels the price will move to. If it is 1.1215, then we expect it to break through and consolidate higher (we are looking for buy entries). If by 1.1180, then two scenarios are possible:
breakout and downward movement;
consolidation at the border and further movement to 1.1215.
Signal for the GBPUSD pair
Analysis H 4:
General trend: upward.
The price is consolidating near the level of 1.4655.
- MACD: Increasing.
- RSI: enters a phase of re-growth.
Recommendations for M 5 – H 1: near the level of 1.4655, we are looking for entry points to buy.
Signal for the USDJPY pair
Analysis H 4:
The general trend is neutral.
Nearest strong levels: 109.70; 110.36.
- MACD: in the positive zone and tends to zero.
- RSI: decreasing.
Recommendations for M 5 – H 1: given the same scenario for three days in a row, it is better to refrain from trading on this pair until next week, because The price is looking for the best scenario for its further development.
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Tagged with: Binary Options Signals • Binary Options Signals • Binary Options Trading Signals
