Forex Technical Analysis 29.07.2015 (EUR/USD, GBP/USD)

EUR USD, "Euro vs US Dollar"

Eurodollar is still forming its descending structure. We think, today, the price may reach 1.1020 and then return to 1.1046 to test it from below. After that, the market may start another decline towards 1.0940.

GBP USD, "Great Britain Pound vs US Dollar"

Being under pressure, Pound is falling. We think, today, the price may form another structure to reach 1.5446 and then return to 1.5570.



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