EURUSD, “Euro vs. US Dollar”
In the H4 chart, EURUSD is consolidating. Later, the price is expected to test the 3/8 level, rebound from it, and then resume growing towards the resistance at the 4/8 one.
In the H1 chart, the pair is no longer trading inside the “overbought zone” and may continue falling towards the support at the 5/8 level.
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.
GBPUSD, “Great Britain Pound vs US Dollar”
As we can see in the H4 chart, GBPUSD has rebounded from the 8/8 level and may resume falling towards the support at the 6/8 one.
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards.
