EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD has rebounded from the 1/8 level and may resume growing towards the resistance at the 3/8 one.
In the H1 chart, the pair may break the 3/8 level and continue growing towards the resistance at the 6/8 one.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.
GBPUSD, “Great Britain Pound vs US Dollar”
As we can see in the H4 chart, GBPUSD is expected to test the 8/8 level, rebound from it, and then resume falling towards the support at the 7/8 one.
In the H1 chart, the pair may test the resistance at the 8/8 level, rebound from it, and then start a new decline to reach the 5/8 one.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.