EUR/USD, "Euro vs. US Dollar"
In the H4 chart, EURUSD is trading above 5/8. In this case, the price is expected to test 5/8, rebound from it, and then resume growing towards the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 5/8 to the downside. After that, the instrument may continue falling towards the support at 3/8.
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.
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"
In the H4 chart, GBPUSD is expected to test the support at 7/8, rebound from it, and then resume growing to reach the resistance at +1/8. However, this scenario may no longer be valid if the price breaks 7/8. After that, the instrument is expected to continue falling towards the support at 6/8, but may later resume trading upwards.
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, continue trading upwards.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
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