Yesterday the EURUSD showed mixed sentiment and the GBPUSD managed to rise a bit. Today both currency pairs are going down, though. What can they do next? Let’s try to answer that question in an analysis:
EURUSD
The EURUSD showed mixed sentiment yesterday. The price finished the session slightly above 0.959. Today, it is going down, though. If the buyers don’t generate some serious appetite soon, the price could drop below the S1 support level and reach 0.954. But if they do, the price might rise above the Pivot Point and 0.96.
GBPUSD
The GBPUSD managed to rise a bit yesterday. The price finished the session a little below 1.073. Today, it is going down, though. If the buyers don’t generate some serious appetite soon, the price could drop below 1.06. But if they do, the price might rise above the EMA 77 and 1.073.
SSL Secured