EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD is consolidating. In this case, the price is expected to continue falling towards the 3/8 level.
In the H1 chart, the scenario may be a bit different. The pair may break the 0/8 level and continue growing to reach the resistance at the 3/8 one.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD is expected to test the 6/8 level, rebound from it, and then resume falling towards the 5/8 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 trading downwards.
