On H4, the EURUSD is consolidating and may head down to 0/8.
H1 charts show the same Murrey levels as H4, thus confirming the prediction mentioned above.
On M15, the lower VoltyChannel line has been broken out, which means a downtrend is prevailing.
On H4, the GBP/USD is still trading within a consolidation range and may go down to the support at 5/8.
On M15, the upper VoltyChannel line has been broken out, which makes the price rise even more likely.
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.