EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, the market situation hasn’t changed much since last Friday. EURUSD is still expected to grow to reach the resistance at the 2/8 level.

EURUSD

In the H1 chart, the pair may break the 1/8 level and move upwards to reach the resistance at the 4/8 one.

EURUSD

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

EURUSD

 

GBPUSD, “Great Britain Pound vs US Dollar”

In the H4 chart, GBPUSD is still expected to continue trading to reach the support at the 0/8 level.

GBPUSD

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.

GBPUSD

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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