EURUSD, “Euro vs. US Dollar”

In the H4 chart, EURUSD is expected to test the resistance at the 8/8 level, rebound from it, and then resume falling towards the support at the 7/8 one.

EURUSD

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

In the H1 chart, the pair may rebound from the resistance at the 8/8 level and resume falling towards the support at the 5/8 one.

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”

In the H4 chart, GBPUSD is expected to grow towards the resistance at the 8/8 level.

GBPUSD

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

In the H1 chart, the price may break the 7/8 level and then continue trading upwards to reach the resistance at the 8/8 one.

GBPUSD

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 trading upwards.

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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