Short'n'longs

Aggressive purchases were on GBP/USD yesterday. It happened despite a weak report on business activity in the services sector in Great Britain. It seems to me this pair has the potential for the further growth. I’ll open long positions, if the price fixes above the 1.3040 local resistance. The pair may move to 1.3075-1.3100.

AUD/USD held the local offer zone at 0.8015-0.8025 during today Asian session. I don’t exclude the bearish sentiment development. I plan to sell the pair if it fixes below the 0.7980 local support. Target movement - to 0.7940.

I can point out active sales on EUR/USD before today's meeting of the ECB. Statements and comments of the Central Bank head Mario Draghi will be at the center of attention today. He’ll talk about the significant strengthening of the euro. I plan to wait for the ECB press conference. Prior to the meeting of the regulators, there may be many deceptive movements on the market. I’ll open positions from key levels:
support: 1.1910, 1.1835
resistance: 1.1975, 1.2060
I’ll buy EUR/USD, if the price fixes above 1.1975. It may move to 1.2050-1.2060.
I’ll sell it, if the price fixes below 1.1910. The pair may move to 1.1850-1.1835.

The Bank of Canada unexpectedly raised its key interest rate by the 25 basis points to 1.00% yesterday. It triggered aggressive USD/CAD sales. The currency has reached the 1.2200 round level. It seems to me that the demand for the Canadian dollar remains at a high level. I’ll sell this pair, if the price fixes below 1.2200. The pair may move to 1.2165-1.2145.
At the same time, I do not exclude a technical correction. I’d buy USD/CAD in case the price overcomes the 1.2240 local resistance.

There is the bullish sentiment on EUR/USD now. The ECB head Mario Draghi supported the euro. The ECB will take a decision to reduce the quantitative easing program in the near future. Most likely, these changes will occur in October. The Central Bank also raised the forecast for the GDP growth this year.
At the same time, I don’t rule out a technical correction. The EUR/USD currency pair formed a rather strong reversal formation – the divergence of price and MACD histogram. I plan to open positions from key levels.
I’ll sell EUR/USD, if the price fixes below the 1.2035 local support. The goal for taking profit is the 1.2000 round level.
I’ll buy the pair, if it fixes above 1.2090. It may move to 1.2125-1.2150.

Aggressive sales are observed on NZD/USD. I plan opening positions in the current trend direction. I’ll buy the pair, if it fixes above the 0.7315 local resistance level. The pair may move to 0.7335-0.7350.

An interesting technical pattern has formed on NZD/USD. The pair has retained the 0.7290 mirror support. The bearish sentiment will likely prevail in the near future. I’ll sell NZD/USD, if the price fixes below the 0.7260 local support. The nearest goal for taking profit is 0.7230. The pair may reach the 0.7180 mark in several days.

A correction is observed on USD/JPY. It opened with a gap up today. The price is testing the 108.60 local support. I expect the further correction of USD/JPY. I’ll open long positions, if the price fixes above 108.60. The target movement: 109.00-109.20.

My yesterday's expectations for USD/JPY were confirmed. There are aggressive purchases now. The demand for the safe currencies weakened against the background of the geopolitical risks reduction on the Korean peninsula. I plan to open deals in the current trend direction. I’ll buy the pair, if it fixes above 109.75. The target level is 110.00-110.25.

The bullish sentiment prevails on GBP/USD at the moment. The price overcame the 1.3215 key resistance level. Recently, an optimistic report on the inflation in the UK was published. I plan to wait for the retest of 1.3215-1.3225. If the price reaches this zone, I will buy GBP/USD. The poair may move to 1.3260-1.3275.

My yesterdays expectations on GBP/USD confirmed. I don’t exclude a technical correction now. My fav reversal formation, the divergence of price and MACD histogram, has formed here. I’ll sell the pair, if the price fixes below the 1.3270 local support. The pair may move to 1.3240-1.3215.

The EUR/USD pair is consolidating now. I expect a downward trend and I’ll sell, if the price fixes below the 1.1975 local support. The pair may move to 1.1950-1.1930. I’ll use a trailing stop for this position. And the deal will be short-term and speculative.

My yesterday's expectations on EUR/USD were confirmed. It seems to me that the trading instrument will continue to decline. The report on the US inflation will be released today at 12:30 (GMT). I plan to wait for the retest of the 1.1930 mirror resistance. I’ll sell EUR/USD, if the price reaches this mark. The pair may move to 1.1870-1.1835. The entry points to the market may appear during several days.

USD/JPY is consolidating now. I expect a technical correction after a significant increase since the beginning of this week. I’ll sell this pair, if the price fixes below 11035. It may move to the 110.00 round level.

USD/JPY retained the 100.00 round level during the Asian trading session. It triggered a bullish sentiment. The price is testing the 110.75 key resistance level now. I think that the quotes have the potential for the further growth. I’ll buy USD/JPY after the breakthrough and retest of 110.75. It may move to 111.00-111.25.

The ‘head and shoulders’ figure has appeared on USD/CHF. I’ll sell the pair, if it fixes below the 0.9610 mirror support. It may move to 0.9550.

Aggressive purchases were observed on GBP/USD last week. The pound has reached the 1.3600 round level. The Bank of England may raise the issue of reducing the economy stimulation program in the near future. GBP/USD is consolidating now. I don’t exclude a technical correction. I’ll sell the pair, if the price fixes below the 1.3525 local support. The closest goal for taking profit is the 1.3475 mark.

The current technical pattern indicates a possible correction on USD/JPY. The price is testing the 111.30 local resistance now. I plan to sell it, if the price fixes below 111.10. The closest target for taking profit is the 110.75 support level.

My yesterday's expectation for GBP/USD were confirmed. I expect a strong corrective movement on this asset. The price is testing the 1.3475 local support at the moment. I’ll sell the pair, if the price fixes below this mark. The goal of its movement is the 1.3400 round level.

There is a correction on USD/CAD after sharp fall in the end of August. The pair has the potential for recovery. The Inside Bar pattern was formed on the H4 chart. I’ll buy this pair, if it fixes above 1.2335. It may move to the 1.2400 round level. This deal will be medium-term.