By: Investija
EURUSD Technical Analysis
Finally bulls have managed to slide above ex-resistance level at 1.3701. At the moment, the next barrier for bulls stands at 1.3795. Despite the recent breakout from a positive channel, bulls positive strength remains active. The next possible breakout is expected at 1.3795 resistance level where bulls can initiate stronger positive trend. At the moment look for buying options while candles remain above the 1.3701 price level.
GBPUSD Technical Analysis
GBPUSD bears overcome bulls side after a breakout at 1.5152 price level. Sharp movement occured downside by declining the price. At the moment waiting action holds with short term selling opportunities. Another barrier for bears side stands at 1.4998 level.