Thread: Eur/Gbp
pair- eur/gbp
time frame to analysis- m30
the down movement of the price is making correction from the 0.7755 level and making a pull back. this is break the support. hold the short entry with take profit at 0.7700 and stop loss at the 0.7795.
good luck.
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analysis for today 1 / 14 / 2015
EURGBP
Resistance : R1 0.7843 R2 0.7868 R3 0.7888 R4 0.7918
Support : S1 0.7705 S2 0.7680 S3 0.7660 S4 0.7630
Open : 0.7768
High : 0.7780
Low : 0.7768
Range : 0.0012 Pips
Running Price : 0.7737
Strategy : SELL at the level 0.7737 stop loss at the level 0.7843 target take profit at the level 0.7660 or at the level 0.7630
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pair- eur/gbp
time frame to analysis- m30
the price is making double top chart pattern with having resistance at 0.7830 level and the nick line of the support at 0.7785 level that has been break. hold the short entry with profit target at 0.7712 with stop loss at 0.7800
good luck.
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analysis for today 1 / 13 / 2015
EURGBP
Resistance : R1 0.7874 R2 0.7899 R3 0.7919 R4 0.7949
Support : S1 0.7733 S2 0.7708 S3 0.7688 S4 0.7658
Open : 0.7803
High : 0.7808
Low : 0.7799
Range : 0.0009 Pips
Running Price : 0.7807
Strategy : SELL at the level 0.7807 stop loss at the level 0.7874 target take profit at the level 0.7688 or at the level 0.7658
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.
Spoiler:
Daily Forecast
Pairs: EURGBP
Major Trend: Bearish
Time Frame: Daily
Reason: Weekly pivot point at 0.7818 has been corrected and now the price is still sideways and bounced several times in the area. But still for a long-term trend is bearish. For this week predicted prices would lead to 0.7762
Recommendation: Sell now
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pair- eur/gbp
time frame to analysis- m30
the price is making hammer pattern followed with the bullish candle at the resistance 0.7785 level. its again up side to the resistance at 0.7825 level. long with the stop loss at 0.7770 but a correction can expected as the stoch indicator is showing overbought.
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.
analysis for today 1 / 12 / 2015
EURGBP
Resistance : R1 0.7890 R2 0.7915 R3 0.7935 R4 0.7965
Support : S1 0.7748 S2 0.7723 S3 0.7703 S4 0.7673
Open : 0.7815
High : 0.7823
Low : 0.7815
Range : 0.0008 Pips
Running Price : 0.7821
Strategy : SELL at the level 0.7821 stop loss at the level 0.7890 target take profit at the level 0.7703 or at the level 0.7673
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.
.
Daily Forecast
Pairs: EURGBP
Major Trend: Bullish
Time Frame: H1
Reason: last Friday is the beginning of the beginning of a bullish trend for this week. Can be predicted for today, the price is still safe to buy positions. Judging from the pattern, the price still will touch the daily pivot at 0.7806 for correction, before continuing to 0.7830
Recommendation: Buy Limit at 0.7806
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.
analysis for today 1 / 9 / 2015
EURGBP
Resistance : R1 0.7894 R2 0.7919 R3 0.7939 R4 0.7969
Support : S1 0.7747 S2 0.7722 S3 0.7702 S4 0.7672
Open : 0.7821
High : 0.7822
Low : 0.7819
Range : 0.0003 Pips
Running Price : 0.7821
Strategy : SELL at the level 0.7821 stop loss at the level 0.7894 target take profit at the level 0.7702 or at the level 0.7672
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.
pair- eur/gbp
time frame to analysis- m30
the price is making double top chart pattern at the resistance 0.7853 level and nick line of the support at 0.7814 level that has been break but wait to price move below the 0.7800 level. short with take profit at 0.7775 and stop loss at 0.7843
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.
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