EURUSD, “Euro vs. US Dollar”
In the H4 chart, EURUSD is expected to continue falling towards the support at the 0/8 level.
In the H1 chart, the pair is consolidating. In this case, the price may continue moving downwards to reach the support at the 0/8 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 trading to the downside.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD may break the 2/8 level and then continue falling towards the support at the 0/8 one.
In the H1 chart, the pair is consolidating. Later, the price may break the 3/8 level and then continue moving downwards to reach the support at the 0/8 one.
As we can see in the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards to reach 1.3793.
RoboForex Analytical Department