Short'n'longs

I’ ll look for the entry points for opening long positions on GBP/USD today. The currency kept the 1.2475 key support level on Friday, February, 10. We can see the power of buyers at the moment. The indicators also point onto the development of an upward trend. I will buy GBP/USD if the price exceeds the 1.2540 level. Potential movement - to 1.2625.

The growth of the Canadian dollar against the US dollar continued yesterday. USD/CAD has formed the 1.3045 local support level at the moment. I plan to open deals towards the current trend. I will sell USD/CAD after the breakout and retest of the 1.3045 mark. Potential movement – to 1.3000.

The speech of Fed Chairman on the monetary policy and the economy is in the focus today. The data on the GDP of the eurozone will be also published. I identified the following key levels:
Support: 1.0595
Resistance: 1.0620

I plan to open short-term speculative positions.
I will buy the EUR/USD if the price fixes above the 1.0620 level. Potential movement - to 1.0660.
I will sell it if the price fixes below 1.0595. Potential movement - to 1.0550.

Waiting for it too to see how it's going to influence the majors
it will be interesting to discuss the outcome with you , my friend

The US dollar strengthened against the major world currencies yesterday. Janet Yellen stated that it is not necessary to delay an increase in interest rates in 2017.

EUR/USD
There is an interesting technical pattern on EUR/USD at the moment. I will sell it if the price fixes below 1.0570. Potential movement - to 1.0525-1.0500.

A classic figure of technical analysis, "Triangle", has formed on USD/CAD now. It seems to me that the US dollar will continue to grow today. I would buy USD/CAD after the breakout and retest of the 1.3080 mark.
Potential movement - to 1.3100-1.3120.

The demand for the Australian dollar is supported with positive labor market data today. AUD/USD has kept the 0.7695 "mirror" support level. I would buy AUD/USD after the price fixes above the 0.7715 level. Potential movement - to 0.7750-0.7775.

The technical pattern on GBP/USD is mixed at the moment. I identified the following key levels:
support - 1.2420
resistance - 1.2545
I will look for the entry points into the market after the breakout and retest these levels.

If the price fixes above the 1.2545 level, I will buy GBP/USD. Potential movement – to 1.2670.

If the price fixes below 1.2420, I’ll sell it. Potential movement - to 1.2275.

This transaction will be a medium-term one.

My yesterday's expectations for AUD/USD have failed. The technical pattern indicates the downward trend development at the moment. I’m going to wait for the retest of the 0.7205 "mirror" resistance level. I’ll sell the pair after the price reaches this mark. Potential movement - to 0.7155.

An interesting technical picture has developed on the USD/CHF. Currency has retained the 0.9935-0.9965 key demand zone. I expect the correction here. I’d buy USD/CHF after the price fixes above the 0.9995 level. Potential movement - to 1.0035.

There are holidays in the United States and Canada today. Trading activity on the financial markets is going to decrease.

EUR/USD is trading near the 1.0630-1.0650 local offers area at the moment. I plan to look for the entry points for opening short positions. I will sell it after the price fixes below the 1.0600 round level. Potential movement - to 1.0550-1.0540. The transaction may last for several days.

The demand for the Japanese currency is supported by falling of U.S. 10-year Bond Yield. I’m going to sell USD/JPY after the price fixes below 113.000. The immediate objective for taking profit is 112.600. The deal will be short-term and speculative.

There is an increased demand for the US dollar at the moment. This is due to the growth of U.S. 10-Year Bond Yield.
The sales dominate on EUR/USD. My expectations were confirmed yesterday. I plan to open positions in the current trend direction. I will sell this pair after the price fixes below 1.0550. Potential movement - to 1.0520-1.0500.

USD/CAD is trading at 1.3150-1.3165 offers area now. The buyers have power there. I expect a continuation of the current trend. I will look for an entry point into the market and I’ll open a long position after the price fixes above the area. The goal for taking profit is at the 1.32000 round level.

My yesterday suggestion for EUR/USD has confirmed. The single currency continued to fall against the US dollar. This happened due to the growth of political risks in the EU and an opportunity of the Fed rate increasing in March. I’ll open short positions today. I’ll sell EUR/USD after the retest of the 1.0520 "mirror" resistance level of. Potential movement - to 1.0475-1.0450.

Sales dominate on NZD/USD at the moment. The currency is traded near the 0.7155 local support. I will open short positions after the price fixes below this mark. The target for taking profit if 0.7130. The deal is short-term and speculative.

EUR/USD has kept the 1.0500 round level. It caused a correction in the second half of the day yesterday. It seems to me that the correction movement may continue. The local resistance is on 1.0570. I’ll buy EUR/USD after the price consolidates above this level. Potential movement - to 1.0610.

There are aggressive sales on NZD/USD today. The currency has broken the 0.7200 key support level. I plan to wait for the retest of this level. I’ll open short positions after the price reaches this mark. Potential movement - to 0.7175-0.7150.

There was aggressive buying on GBP/USD yesterday. The pound has overcome the1.2545 key resistance level. I’ll look for the entry points for opening long positions today. The next target for taking profit is the 1.2580 mark.

The technical pattern on USD/CHF indicates a further correction. The nearest resistance level is 1.0050. I will sell it after the price fixes below this mark. Potential movement - to 1.0000.