Trading plan for EURUSD, GBPUSD, USDJPY for 24/04/2019

EURUSD*

The technical cross-section**:

Trend: -1
A strength of trend: -4
Overbought/oversold: none
The priority area of transactions: selling

Selling in the area of 1,1290 with a stop above 1,1320 and a profit in the area of 1,1210.
Selling in the area of 1,1350 with a stop above 1,1410 and a profit in the area of 1,1210.
The purchase in the area of 1,1210 with a stop below 1,1170 and a profit in area 1,1280.

GBPUSD

The technical cross-section:

Trend: -1
A strength of trend: -4
Overbought/oversold: oversold
The priority area of transactions: selling

The purchase in the area of 1,2860 with a stop below 1,2810 and a profit in area 1,3000.
The purchase in the area of 1,2990 with a stop below 1,3040 and a profit in area 1,2870.
Selling in the area of 1,3110 with a stop above 1,3170 and a profit in the area of 1,3000.


USDJPY

The technical cross-section:

Trend: 0
A strength of trend: 0
Overbought/oversold: none
The priority area of transactions: buying

Selling in the area of 112,00 with a stop above 112,30 and a profit in the area of 111,10.
The purchase in the area of 111,50 with a stop below 110,80 and a profit in area 112,90.
The purchase in the area of 111,00 with a stop below 110,80 and a profit in area 111,80.



* 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!