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EUR-USD
As can be seen the price broke out the resistance level, the level of 1.3860, and stopped at the level of 1.4040. The price got back to the level of the break out at 1.3860, and stopped above. We believe that the break out at the level of 1.4040, will bring the price to the level of 1.43, the next resistance level. On the other hand, the break out level of 1.3860 will bring back to repair one third up to two thirds from the last continuous uptrend.
As can be seen by the graph bellow:
Possible Trade
As can be seen in the 4 hour time frame the price stops in the uptrend line, as it serves as a dynamic resistance level. We estimate that the breakdown of the price at the level of 1.3863, and the creation of down trend price structure in the hourly time frame, will give the possibility to enter the short position when the first target is at the level of 1.3807, second target at 1.3736, and the third target at 1.3665.
As can be seen by the graph bellow:
GBP-USD
It can be seen that the price is still in its high levels, but still not able to break out the level of 1.6280, that is used as the resistance level. We believe that the price after the recent attempts to break out, will repair its last uptrend (broken blue line), between one third to two third, as highlighted in the graph.
As can be seen by the graph bellow:
Possible Trade
It can be seen that the price should complete the range target towards down to the level of 1.61. On the hourly time frame, it is possible to enter the short position, the target being: 1.61.
As can be seen by the graph bellow:
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.) is not liable for losses or damages as a result of reliance on the information provided by e-mail or on the overall data, quotes, charts, signals buy / sell. It is hereby clarified that the investor must be aware of risks involved in trading in financial markets, which is a form of investment that may contain potential risks.
Real-Forex team 
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