EURGBP Analysis
OrderSELL BELOW
SELL LIMIT
Sell at 0.7570
Take Profit at 0.7550
Stop Loss at 0.7596
Thread: Eur/Gbp
EURGBP Analysis
OrderSELL BELOW
SELL LIMIT
Sell at 0.7570
Take Profit at 0.7550
Stop Loss at 0.7596
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I think that this is a good opportunity to get in short position from the 50.0 level of fibonacci ratios at 0.7505 with take profit at 0.7428.
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pair- eur/gbp
time frame to analysis- m30
the price is now at the daily support level two 0.7477 level and the stoch indicator is also at oversold level 20. the price may make correction hold the short entry with profit target at 0.7450 and stop loss at the 0.7514
good luck
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Spoiler:
Daily Forecast
Pairs: EURGBP
Major Trend: Bearish
Time Frame: Daily
Reason: Predicted to limit this week is the weekly support area 2 at the price of 0.7440. Looks idikator RSI and stochastic are on the oversold area
Recommendation: Buy Limit at the price of 0.7440
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EURGBP Analysis & Signals 23/01/15
OrderSELL BELOW
SELL LIMIT
Sell at 0.7570
Take Profit at 0.7550
Stop Loss at 0.7596
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I tihnk that we should wait until the price break the lower trendline of the triangle decree below, than we get in short position with take profit at 0.7526.
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Daily Forecast
Pairs: EURGBP
Major Trend: Bearish
Time Frame: Daily
Reason: Closing candle yesterday, still dominated shadow above which shows the price is still the potential to go down. There is support at 0.7628 area. The possibility can penetrate to the closing price Friday tomorrow.
Recommendation: Sell now
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pair- eur/gbp
time frame to analysis- m30
the down movement of the price is not able to break the support at 0.7615 level and will again up side. the stoch indicator is also in the up trend side. long with take profit at 0.7700 and stop loss at the 0.7600
good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I think that we can get in short position because of the black trendline decree below with take profit at 0.7611.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
EURGBP Analysis & Signals 21/01/15
OrderBELOW
SELL LIMIT
Sell at 0.7673
Take Profit at 0.7630
Stop Loss at 0.7685
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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