Yesterday both EURUSD and GBPUSD rose significantly. However, both Forex pairs are going down today. From the data front, the ADP nonfarm employment change in the US in September will be published. Anyway, let’s move on to the analysis:

EURUSD

The EURUSD rose strongly yesterday. The price finished the session slightly below the R3 resistance level, above 0.998. However, it is going down today. If the buyers don’t generate some serious appetite soon, the price could drop below the Pivot Point and reach 0.992. But if they do, the price might even rise above 1.000.

EURUSD

GBPUSD

The GBPUSD also rose significantly yesterday. The price finished the session at 1.147. However, it is going down today. If the buyers don’t generate some serious appetite soon, the price could even drop below 1.138 and the EMA 77. But if they do, the price might reach 1.15.

GBPUSD