Short'n'longs

The technical pattern on GBP/USD is ambiguous for me now. I’ve identified the key levels:
Support – 1.2405
Resistance – 1.2425
I’ll open positions after the breakthrough and retest of these levels.
I’d buy GBP/USD, if the price fixes above 1.2425. Potential movement - to 1.2460.
I’ll sell it, if the price fixes below 1.2405. Potential movement - to 1.2370.
The data on the inflation in Britain will be published today at 8:30. This event can cause a strong movement on the pair.

Aggressive sales were at USD/CAD yesterday. The Canadian dollar has added more than 75 points. The currency found its support at the 1.3315 level. I plan to open deals in the current trend’s direction. I’ll sell USD/CAD, if the price fixes below 1.3315. Target movement - to 1.3280.

Geopolitical risks in Syria and North Korea continue to grow. It increases the demand for the safe assets. I’ll sell the USD/JPY pair, if the price fixes below the 109.35 local support. Potential movement - to 109.00-108.75.

EUR/USD currency pair was fixed at the 1.0600 "mirror" support level during Asian trading session. It caused a "bullish" sentiment. I plan to open deals in the current trend’s direction. I’ll buy it after the breakdown and retest of the 1.0630 local resistance. The goal for taking profits is 1.0660. The growth of the MACD histogram is a confirmation signal.

Yesterday's comments by D. Trump put pressure on the American currency. The US president said that the dollar is too strong. Also, Trump preferred to keep the interest rates low.
Bank of Canada has kept the monetary policy at the same level. The head of the Central Bank said that the rates won’t decline in the near future. Bearish sentiments prevail on USD/CAD at the moment. I plan to open deals in the current trend’s direction. I’ll sell, if the price fixes below the 1.3230 local support level. Potential movement - to 1.3200-1.3175.

Aggressive purchases took place on GBP/USD since the beginning of this week. I don’t rule out a correction at the moment. I plan to wait for the price reduction to the 1.2495-1.2510 demand zone. Upon reaching this mark, I’ll think of buying the pair.
At the same time, if the pound rally continues and the price fixes above the 1.2570 local resistance, I will also buy GBP/USD. The goal for taking profit is 1.2610.

Today, most financial markets are closed due to Good Friday. I expect lower volatility and trading activity. That’s why I won’t open positions. At the same time, the data on the US inflation will be released at 12:30 (GMT). This event can cause quite strong moves on the major currency pairs. I’ve identified the following key levels on EUR/USD.

Support levels: 1.0570
Resistance levels: 1.0630, 1.0675, 1.076

USD/JPY, the key levels:
Support levels: 108.75
Resistance levels: 109.35, 109.85, 110.40

I’m going to watch how the price will react to them, but will be back to trading on Monday.
Wish you all high profits!

The situation on USD/JPY is ambiguous for me now. On the one hand, the technical pattern indicates a correction. There is also a strong reversal formation on this currency pair: the divergence of the price and the MACD histogram. On the other hand, a tense situation in North Korea supports the demand for safe assets. I’ll open deals after the breakthrough and retest of the key levels.

I’ll buy it, if the price fixes above the 109.35 level. Potential movement - to 109.85.
I’ll sell it, If the price fixes below the 108.75 level. The goal for taking profit is 108.15.

I expect to see "bullish" sentiments on EUR/USD today. The key trading range is 1.0635-1.0650. I’ll buy the pair, if the price fixes above 1.0650. The target mark is 1.0675-1.0700. This deal will be short-term and speculative.

The pound rose against the US currency yesterday. The quotes growth exceeded 300 points. The currency has reached the 1.2900 round level. It happened due to the preterm elections in the UK. Theresa May’s party has taken the leading positions. Winning will help to make their position in the negotiations with the EU stronger.

I expect for a correction on GBP/USD after yesterday’s significant growth. I’ll sell, if the price fixes below 1.2810. The nearest goal for taking profit is 1.2750.

At the same time, I don’t exclude the possible further growth of the GBP/USD quotes. The US dollar is under pressure due to the fall of government bonds. I’ll buy, if the price fixes above 1.2860. the nearest goal is 1.2900.

An interesting technical pattern has formed on NZD/USD. Bearish sentiments prevail here at the moment. The Outside Bar pattern at the H1 timeframe is a confirmation signal of the development of a downward trend. I’ll sell the pair after the retest of the 0.7030 "mirror" resistance. Potential movement - to the 0.7000 round level.

The GBP/USD pair maintained the 1.2770 local support level during the Asian trading session. It has triggered bullish sentiments. The pound is testing the 1.2820 local resistance now. I’ll buy the pair after the breakthrough and retest of this mark. Potential movement - to 1.2860-1.2900. This deal will be short-term and speculative.

Aggressive purchases were observed on USD/CAD during this week. The Canadian dollar has weakened against the US dollar by more than 175 points. The currency has reached the 1.3490-1.3525 key offer zone. I don’t exclude a correction on this pair after such a sharp increase in the nearest future. I’ll sell, if the price fixes below the 1.3460 local support. The goal is the 1.3400 round level.

The Canadian dollar hasn’t got through the 1.3460 local support. The currency was traded in flat. It is testing the 1.3460 mark at the moment. I’m still waiting for a correction. I’ll sell the pair, if the price fixes below this level. Potential movement – to 1.3400.

The pound is flat during the latest sessions. The key range is 1.2770-1.2860. I’ll wait till the price leaves this zone.
I’ll sell GBP/USD, if the price fixes below 1.2770. It can move to the 1.2700 round level.
If it fixes above 1.2860, I’ll buy the pair. The nearest goal for taking profit is 1.2900.
Today’s data about retail sales in the UK can be a good cause for the market volatility.

An interesting technical pattern has appeared on AUD/USD. Today’s trading was opened with gap up. The pair has closed the morning gap and kept the 0.7545 “mirror” support. The MACD histogram is in the positive zone and is continuing to rise. The “Triangle” figure has formed on the market. I plan to buy it, if the price fixes above 0.7565. The goal for taking profit is 0.7590.

USD/JPY has opened with gap up (more than 140 points) today. The technical pattern is ambiguous for me at the moment. I’ve identified the following levels:
Support – 109.85
Resistance – 110.45
I plan to open positions after the price fixes above/below these levels.

In case of the breakthrough of the 110.45 level, I’ll buy USD/JPY. Potential movement - to 110.75-111.00.
I’ll sell it, if the price falls below the 109.85 local support. Potential movement - to 109.35.

The GBP/USD currency pair continues being flat. The key trading range is still 1.2770-1.2860. I plan to open deals if the price fixes above/below the boundaries of the trade corridor.
I’ll sell, if the price fixes below 1.2770. Potential movement - to the 1.2700 round level.
I’ll buy, if the price fixes above 1.2860. The goal for taking profit is 1.2900.

It seems to me that the currency can be flat until Friday, April 28. The quarterly data on GDP in Britain will be published on Friday.

An interesting technical pattern has appeared on the NZD/USD pair. The New Zealand dollar is testing the 0.6985 key support level. The MACD histogram has fixed in the negative zone, below the signal line. It indicates the sellers’ strength. I will sell NZD/USD after the breakthrough and retest of the 0.6985 mark. Potential movement - to 0.6940. This transaction can last for several days.