Yesterday both EURUSD and GBPUSD went down once again. Today the GBPUSD is rising and the EURUSD is showing mixed sentiment. From the data front, JOLTs job openings in September in the US will be published. Anyway, let’s move on to the analysis:
The EURUSD went down yesterday. The price finished the session slightly above the S1 support level, a little below 1.145. Today it is showing mixed sentiment and the volatility is really low. If the buyers take control over the market, the price might rise above the R1 resistance level. But if the bears show their strength once again, the price could drop below the S1.
The GBPUSD also dropped yesterday. The price finished the session slightly above 1.336. However it is rising today. Right now the bulls are attacking the EMA 77 and 1.34. If they do it successfully, the price might go up above 1.345 today. But if they fail, the price could fall below 1.335.