On Friday the EURUSD showed mixed sentiment, but the GBPUSD managed to rise. Today, both Forex pairs are falling, though. From the data from, the CPI in the Eurozone in October will be published. Anyway, let’s move on to the analysis:

EURUSD

The EURUSD showed mixed sentiment on Friday. The price finished the last session of the week slightly above the EMA 200 and 0.996. However, it is going down today. The price is already below the S1 support level and 0.993. If the buyers don’t generate some serious appetite soon, the price could drop below 0.99 and reach today’s S2. But if they do, the price might return above 0.994.

EURUSD

GBPUSD

The GBPUSD managed to rise on Friday. The price finished the last session of the week slightly below 1.162. However, it is going down today. If the buyers don’t generate some serious appetite soon, the price could drop to 1.152. But if they do, the price might return above the EMA 77 and reach 1.158.

GBPUSD