EURUSD, “Euro vs. US Dollar”
In the H4 chart, EURUSD is trading below the 3/8 level and may continue falling towards the support at the 0/8 one.
In the H1 chart, the pair is consolidating. In this case, the price is expected to break the 3/8 level and continue its decline to reach the support at the 0/8 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.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD may rebound from the 6/8 level and resume growing towards the resistance at the 7/8 one.
As we can see in the H1 chart, the pair is consolidating. In the future, the price may rebound from the 4/8 level and resume 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.
