The euro and the pound are expected to fall. Traders are less optimistic.

Signals for the EUR/USD pair:

The euro is expected to grow to 1.0894 and 1.0937, if the pair breaks through the level of 1.0851.

A breakthrough at 1.0825 can lead to a sell-off of the euro at 1.0814 and 1.0770.

Signals for the GBP/USD pair:

If the pair breaks through the level of 1.2408, the British pound can increase to 1.2462 and 1.2512.

A breakthrough at 1.2400 is likely to lead to a sell-off of the British pound at 1.2358 and 1.2294.

Fundamental data:

Unemployment data in the UK, Germany Zew economic sentiment index, and the US home sales are set for release today.

The material has been provided by InstaForex Company - www.instaforex.com