EUR/USD, "Euro vs. US Dollar"

In the H4 chart, EURUSD is trading at 3/8. In this case, the price is expected to break this level and then continue growing to reach the resistance at 5/8. However, this scenario may no longer be valid if the price breaks 2/8 to the downside. After that, the instrument may continue falling towards the support at 1/8.

EURUSD

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

As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.

EURUSD

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

 

GBP/USD, "Great Britain Pound vs US Dollar"

As we can see in the H4 chart, GBPUSD is trading above 5/8. In this case, the pair is expected to continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 5/8 and fixes below it. After that, the instrument may continue trading downwards to reach the support at 3/8.

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 upside line of the VoltyChannel indicator and, as a result, move upwards.

GBPUSD

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

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