EURUSD, “Euro vs. US Dollar”
In the H4 chart, EURUSD is expected to break the 3/8 level and then continue growing towards the resistance at the 5/8 one.
In the H1 chart, the pair is moving above the 5/8 level and may continue trading towards the resistance at the 8/8 one.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD may break the 4/8 level and continue growing towards the resistance at the 5/8 one.
In the H1 chart, the pair may break the 4/8 level and continue trading towards the resistance at the 6/8 one.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
The material presented and the information contained herein is intended for our customers, and is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.