EUR/USD
After several days of drops, the pair is showing a strong bullish signal on the daily chart. The daily Slow Stochastic is showing a bullish cross, and the 4 hour chart is supporting the bullish notion. There seems to be a fresh reversal momentum that might take the pair back to the 1.5720 level.
GBP/USD
There is a bearish channel forming on the 4 hour chart, as the cable now attempts to breach through the upper level. If the breach validates, there could be a much stronger bullish momentum created post breach. The 4 hour chart... ( read more )
