Yesterday both EURUSD and GBPUSD dropped significantly. Today both currency pairs are showing mixed sentiment. From the data front. all eyes will be focused on the nonfarm payrolls and unemployment rate in September. Anyway, let’s move on to the analysis:
EURUSD
The EURUSD dropped heavily yesterday. The price finished the session below the S1 support level, a little above 0.979. Today it is showing mixed sentiment. If the buyers take control over the market, the price might rise above the Pivot Point and reach 0.984. But if the bears show their strength once again, the price could fall to 0.976.
GBPUSD
The GBPUSD also dropped significantly yesterday. The price finished the session slightly above 1.116. Today it is showing mixed sentiment. If the buyers take control over the market, the price might rise above 1.122 and reach the MEA 77. But if the bears show their strength once again, the price could fall to 1.111.
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