Thread: Eur/Gbp
Daily forecast: EURGBP 24 Sep. 2014.
Trading analysis for Daily forecast of EURGBP 24 September, 2014. In Daily chart EURGBP shows bearish trend. At present EURGBP below from the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support level is 0.77313.
Pivot: 0.78532
Resistance levels
R1 0.78715
R2 0.79060
R3 0.79243
R4 0.79425
Support levels
S1 0.78187
S2 0.78004
S3 0.77659
S4 0.77313
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EURGBP price now at 0.8828 and still move between range 0.8788~0.8853, If EURGBP in next movement still not able to going down and breakout 0.8788, EURGBP probably will continue back with an uptrend, and next target may at 0.8920 but price must be able to breakout 0.8853 during uptrend.
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cci(14) : 39.641
bulls (13) : 0.000
i see the in pair up trend
so i will buy from : 0.7865
and my target today is : 0.7965
and target 2 today is : 0.8065
good luck
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The price failed in breaking the 38.2 level of fibonacci ratios, that's why I think that the price will continue the downside mouvement till he reach the 0.7808 level.
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Daily forecast: EURGBP 23 Sep. 2014.
Trading analysis for Daily forecast of EURGBP 23 September, 2014. In Daily chart EURGBP shows bearish trend. At present EURGBP below the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support level is 0.77878.
Pivot: 0.78553
Resistance levels
R1 0.78687
R2 0.78867
R3 0.79001
R4 0.79134
Support levels
S1 0.78373
S2 0.78239
S3 0.78059
S4 0.77878
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aj kal har curncy pair bahut tez huwa thera aur risk bhi bahut huta ahi mery bhai eur/gbp bhi un main say aik hai mainy is amin real trde yto nai ki hai lekin aminy is amin demo kay oper trde ki hai us amin is nay mujhya cha pfrt diya ahi
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cci(14) : -261.43
bulls (13) : -0.000
i see the in pair down trend
so i will sell from : 0.7852
and my target today is : 0.7652
good luck
Last edited by monta; 2014-09-23 at 06:02 AM.
Because the price is under the resistance level at 0.7873,we should look only for short opportunities, I Think that the price will fall to the 0.7808 level.
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Daily forecast: EURGBP 22 Sep. 2014.
Trading analysis for Daily forecast of EURGBP 22 September, 2014. In Daily chart EURGBP is flat. At present EURGBP on the pivot point. It is important to break support or resistance levels to identify the trend.
Pivot: 0.78541
Resistance levels
R1 0.79004
R2 0.79271
R3 0.79734
R4 0.80198
Support levels
S1 0.78274
S2 0.77811
S3 0.77544
S4 0.77278
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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