EURUSD, “Euro vs. US Dollar”
In the H4 chart, the pair is still trading below the 3/8 level and may start a new decline to reach the support at the 1/8 one.
As we can see in the H1 chart, EURUSD has broken the 5/8 level and may continue falling towards the support at the 0/8 one.
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue trading downwards.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD may break the 4/8 level and continue falling towards the support at the 3/8 one.
In the H1 chart, the pair may rebound from the 5/8 level and resume falling to reach the support at the 3/8 one.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.
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.
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