Article By RoboForex.com
EURUSD, “Euro vs US Dollar”
As we can see in the H4 chart, EURUSD is trading above the 200-day Moving Average, thus indicating an ascending tendency. In this case, the price is expected to break 8/8 and continue growing to reach the resistance at +1/8. Still, this scenario may no longer be valid if the price breaks 7/8 to the downside. After that, the instrument may continue falling towards 5/8.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue its growth.
Free Reports:
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
Sign Up for Our Stock Market Newsletter – Get updated on News, Charts & Rankings of Public Companies when you join our Stocks Newsletter
GBPUSD, “Great Britain Pound vs US Dollar”
As we can see in the H4 chart, GBPUSD is trading the 200-day Moving Average, thus indicating an ascending tendency. In this case, the asset is expected to test +1/8, break it, and then continue growing towards the resistance at +2/8. However, this scenario may no longer be valid if the price breaks 8/8 to the downside. After that, the instrument may continue trading downwards to reach the support at 7/8.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue the ascending tendency.
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
- WTI oil prices exceeded 107 dollars per barrel. Inflation expectations continue to rise. Apr 30, 2026
- RoboForex Expands CFD Offering with Cryptocurrency Instruments Apr 29, 2026
- WTI oil prices have consolidated at 100 dollars per barrel. Australia is experiencing a sharp inflation spike Apr 29, 2026
- EUR/USD Holds Steady Ahead of Fed Meeting, Focus on Middle East Outlook Apr 29, 2026
- European stock markets continue a prolonged decline. Oil prices continue to rise slowly Apr 28, 2026
- Yen Gains Support Following Bank of Japan Decision Apr 28, 2026
- Brent and WTI remain at extremely high levels, fueling global inflation Apr 27, 2026
- Gold Declines Amid Geopolitics, with Optimism Limited Apr 27, 2026
- COT Metals Charts: Copper leads Metals Speculator Bets Higher Apr 26, 2026
- COT Bonds Charts: Speculator Bets led by 5-Year Bonds & Ultra 10-Year Bonds Apr 26, 2026
