EURUSD monthly analysis (technical side) 2018-05

The last month started with the mark (Open 1.20782; gap - 19), downsampling (S1MN broken / S2MN broken) and test (S3MN broken / EMA1560) to (1.18219) with the following down trend trend (down D1 tested) above (S2MN broken) to the markings (1.9952) and the sharp drop breakdown (EMA522) to (up W1 / Low 1.15091) ascending up (down D1 tested / EMA522high) and closing the moon (Close 1.15918).

GBPUSD monthly analysis (technical side) 2018-05

Last month started with the mark (Open 1.37689; gap - 22), downsampling (up W1 broken / S1MN broken) and test (S2MN broken / EMA522low) to (1.34502) with further breakdown and sharp drop to (S3MN tested / Low 1.32036) closing the month (Close 1.32878).