EURUSD*
The technical cross-section**:
Trend: -1
A strength of trend: -2
Overbought/oversold: none
The priority area of transactions: selling
The purchase in the area of 1,1260 with a stop below 1,1220 and a profit in area 1,1350.
Selling in the area of 1.1370 with a stop above 1.1420 and a profit in the area of 1.1270.
GBPUSD
The technical cross-section:
Trend: -1
A strength of trend: -2
Overbought/oversold: none
The priority area of transactions: selling
The purchase in the area of 1,2840 with a stop below 1,2780 and a profit in area 1,2980.
Selling in the area of 1,2980 with a stop above 1,3050 and a profit in the area of 1,2840.
USDJPY
The technical cross-section:
Trend: 0
A strength of trend: 3
Overbought/oversold: none
The priority area of transactions: buying
Selling in the area of 110,90 with a stop above 111,40 and a profit in the area of 110,10.
The purchase in the area of 110,10 with a stop below 109,60 and a profit in area 110,90.
* all transactions are intraday, that is, it must be closed at the end of the day. The error in the parameters of transactions is +/- 5 points; in the case of fundamental force majeure, the recommendations may be less relevant
**the trend parameter accepts values “+1” - an uptrend, “-1” - a downtrend, “0” - no trend. Determined in terms of the author's analysis of a set of signals from technical indicators from different time frames;
the trend strength parameter - accepts values from “-4” to “+4” and shows how strong this trend is. It is determined based on the author's analysis of a set of signals from technical indicators from different time frames;
overbought/oversold is defined in terms of the analysis of the RSI (8) indicator on a daily time frame. The boundaries of the zones are accordingly 70 and 30.
the priority area of transactions depends first of all on trend and its strength but is also taken into account our value judgments of the situation on the market.
Wish you successful trading solutions and transactions.