Short'n'longs

A local resistance 1.2580 formed on the GBPUSD pair. I plan to buy after the break and retest of this level. I’m going to take profit by parts at 1.2600-1.2625 levels. Stop loss can be set slightly below the signal formation.

The technical picture on the GBPUSD pair indicates a possible correction. Currency overcame the 1.2535 local support. I plan to open a conservative transaction today. If the price makes retest of a "mirror" resistance level of 1.2535, I will sell. Potential movement - to 1.2450.

I think that the uptrend may continue on the USDCAD currency pair. I’ll buy after the break and retest of 1.3565 local resistance. Potential movement - to 1.3600. Stop loss should be set below the signal formation.

I expect correction on the USDJPY pair. I’ll sell in case of the breakthrough and retest of the 107.75 local support level. There may be movement to the 106.90 level. Stop loss should be set slightly above the signal formation.

I like the technical picture on the AUDUSD. It will be a long after overcoming and fixing of prices above the 0.7580 level. I’ll look for the point of entry into the market at the smaller timeframes. Potential movement - to the local resistance 0.7625.

GBPUSD is good for long today. I’ll buy after the breakthrough and retest of 1.2485 level. Potential movement - to 1.2535. This position will be accompanied by trailing stop.

The New Zealand dollar trades near the strongest level of support (0.7070). I’ll sell in case of breakthrough of this level and appearing of additional evidence at smaller timeframes. Potential movement - to 0.7035.

I expect correction on the USDJPY pair. A strong reversal pattern (Pin Bar Price Action) has formed on D1 chart. I’ll sell after the breakthrough and retest of 108.75 local support level. Potential movement - to 107.75. Trailing stop can be used in this transaction.

The AUDUSD currency pair has a downward trend since the beginning of November. I plan to look for an entry point in the current trend direction. I’ll sell in case of overcoming and fixing prices below the 0.7460 local support. Potential movement - to 0.7410.

I’m going to open a counter trend bullish deal on the EUR/USD pair today. In case of breakthrough and retest of the 1.0620 resistance level, I will buy. Potential movement – to 1.0675

GBP/USD is for short today. I’m going to sell after the breakthrough and retest of the local support level (1.23900). Potential movement – to 1.2355.

I expect the correction of USD/JPY. I’m going to sell in case of breakthrough and retest of the 110.500 local support level. Potential movement - to 109.650. The point of entry into the market should be found at M5 and M15 timeframes.

Kiwi reached the strongest demand zone 0.7290-0.7335. I expect a correction at the moment. I’ll buy if the price overcomes and consolidates above the local resistance level (0.7360). Potential movement - to 0.7405.

I am waiting for the downward movement on USD/CAD. I’ll sell in case of breakthrough and retest of the 1.3400 support level. Potential movement - to 1.3350-1.3325. The position will be accompanied by trailing stop.

GBP/USD. I highlighted the 1.2500 key resistance level. Ill buy after its breakthrough and take profit at 1.2530, 1.2550 and 1.2575 levels with the use of trailing stop.

The United States celebrate Thanksgiving today. Strong movements should be expected. I plan to look for entry points to open short-term speculative positions.

GBP/USD

The cable held the "mirror"support level 1.2345 yesterday. I’ll buy after the breakthrough and retest of the 1.2435 local resistance. Potential movement - to 1.2460.

I plan to look for an entry point with the current downward trend on AUD/USD. I will sell after breakthrough and fixing of prices below 0.7370. Potential movement - to 0.7340.

USD/CAD has kept 1.3440-1.3455 demand zone. I plan to buy after the breakthrough and retest of the 1.3490 local resistance level. Confirmation and the entry point into the market should be found at M5 and M15 timeframes. Potential movement - to 1.3515.

The New Zealand dollar is trading near the 0.7035 local resistance at the moment. If the price keeps this level and an additional confirmation will be formed on the lower timeframes, I’ll sell NZD/USD. Potential movement - to 0.7005.

A correction against major currencies on the US dollar is expected. I plan to open positions from the key support and resistance levels.
I’m going to buy EUR/USD after the breakthrough and retest of the 1.0670 local resistance level. Potential movement - to 1.0700