EURUSD, "Euro vs. US Dollar"

As we can see in the H4 chart, EURUSD failed to fix above the 5/8 level yesterday and may resume falling towards the support at the 3/8 one.

EURUSD

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the M15 chart, the pair may break the downside line of the VoltyChannel indicator again and, as a result, continue moving downwards.

EURUSD

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

GBPUSD, "Great Britain Pound vs US Dollar"

As we can see in the H4 chart, GBPUSD is trading inside the "overbought zone". In this case, the price is expected to break the 8/8 level and fall towards the support at the 6/8 one.

GBPUSD

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the H1 chart, the pair is also trading inside the overbought zone". If later the instrument breaks the 8/8 level, the price may continue falling towards the support at the 5/8 one.

GBPUSD

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue trading downwards.

GBPUSD 

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Before you enter foreign exchange and stock markets, you have to remember that trading currencies and other investment products is trading in nature and always involves a considerable risk. As a result of various financial fluctuations, you may not only significantly increase your capital, but also lose it completely. Therefore, our clients have to assure RoboForex that they understand all the possible consequences of such risks, they know all the specifics, rules and regulations governing the use of investment products, including corporate events, resulting in the change of underlying assets. Client understands that there are special risks and features that affect prices, exchange rates and investment products.

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