EURUSD
Market Trend
In the daily chart, the market is in the sideways trend, it just tests the support level recently.

In the four hours chart, the market breaks the bearish channel and it respects the support area, which is around 1.07560. The market goes up after it hits the support level.

Trading Plan
The clear support area will be a good buy zone for me to waiting for buying opportunities. I will wait for the market to reach this area first, If it gives me a pin bar signal, I will long the market.

Trade Ideas
Buy limit: 1.07700
SL: 1.07300 (-40pips)
TP: 1.09060 (+136pips)
Risk/Reward Ratio: 3.40
GBPUSD
Market Trend
In the daily chart, the market is respecting the resistance level 1.26000, it doesn’t break above 1.26000 recently. At the same time, the market shows us two meaningful support area, they are around 1.22730 and 1.21600.

In the four hour chart, the market creates a resistance level before the market is close. It is around 1.24670. 
Trading Plan
If the market goes up again and doesn’t break above the resistance level 1.24670, it will be a good sell zone for us to short the market.
Trade Ideas
Sell Limit: 1.24430
SL: 1.24980 (-55pips)
TP: 1.23150 (+128pips)
Risk/Reward Ratio: 2.33
For more Weekly Analysis, Please login the online course page to read.
DISCLAIMER
TRADE IDEAS IS PROVIDED BY FOREX100 ACADEMY PTE LTD FOR GENERAL INFORMATION PURPOSE ONLY,
WITHOUT TAKING INTO ACCOUNT ANY RECIPIENT IN CONSIDERING THE MERITS OF ANY PARTICULAR
TRANSACTION AND DOES NOT PURPORT TO CONTAIN ALL OF THE INFORMATION THAT AN INTERESTED PARTY MAY
DESIRE. IT IS NOT AN OFFER TO BUY OR SELL, OR A SOLICITATION TO INVEST IN OR REFRAIN FROM INVESTING IN,
ANY SECURITIES OR OTHER INVESTMENT PRODUCT. TRADE IDEAS HAS NOT BEEN FILED, LODGED, REGISTERED,
REVIEWED OR APPROVED BY ANY REGULATORY AUTHORITY IN ANY JURISDICTION ANY RECIPIENTS OF THE
TRADE IDEAS SHOULD KEEP THEMSELVES INFORMED OF, AND COMPLY WITH AND OBSERVE, ALL APPLICABLE
LEGAL AND REGULATORY REQUIREMENTS. THE DISTRIBUTION OF THE TRADE IDEAS IN CERTAIN JURISDICTIONS
MAY BE RESTRICTED BY LAW AND, ACCORDINGLY, RECIPIENTS OF THIS TRADE IDEAS REPRESENT THAT THEY ARE
ABLE TO RECEIVE THIS TRADE IDEAS WITHOUT CONTRAVENTION OF ANY UNFULFILLED REGISTRATION
REQUIREMENTS OR OTHER LEGAL RESTRICTION IN THE JURISDICTION IN WHICH THEY RESIDE OR CONDUCT
BUSINESS. NOTHING IN THIS TRADE IDEAS CONSTITUTES INVESTMENT, LEGAL, TAX, ACCOUNTING OR OTHER
ADVICE. THE RECIPIENT SHOULD CONSIDER ITS OWN FINANCIAL SITUATION, OBJECTIVE AND NEEDS, AND
CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND ASSESSMENTS OF THE CONTENTS OF THE TRADE IDEAS,
INCLUDING OBTAINING INVESTMENT, LEGAL, TAX, ACCOUNTING AND OTHER ADVICE AS IT CONSIDERS
NECESSARY OR APPROPRIATE. ANY COSTS INCURRED BY RECIPIENTS IN MAKING SUCH INVESTIGATIONS AND
ASSESSMENT, ETC., ARE NOT THE RESPONSIBILITY OF FOREX100 ACADEMY PTE LTD OR ANY OF THEIR
RESPECTIVE ADVISER, DIRECTORS EMPLOYEES