27.12.2021EURUSD, Euro vs US DollarAs we can see in the H4 chart, EURUSD is trading below the 200day Moving Average, thus indicating a descending tendency. In this case, the price is expected to test 18, break it, and then continue falling to reach the support at 08. Still, this scenario may no longer be valid if the price breaks 28 to the upside. After that, the instrument may reverse and grow towards the resistance at 38.In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue its decline.GBPUSD, Great Britain Pound vs US DollarIn the H4 chart, after breaking the 200day Moving Average, GBPUSD is trading above it, thus indicating an ascending tendency. In this case, the price is still expected to break 48 and then continue growing towards the resistance at 58. However, this scenario may no longer be valid if the price breaks the support at 38 to the downside. After that, the instrument may fall to reach 28.As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue trading downwards.Back to listAttention!Forecasts presented in this section only reflect the authors private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.