Subscribetoday i like to Sell this pair @ 0.8590
my stop loss of the day @ 0.8614
half take profit for today @ 0.8560
and further half take profit @ 0.8520
Thread: Eur/Gbp
today i like to Sell this pair @ 0.8590
my stop loss of the day @ 0.8614
half take profit for today @ 0.8560
and further half take profit @ 0.8520
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based on indicators that we use for EURGBP currency pair. today for the resistance level today as follows: RI (0.8517) R II (0.8530) R III (0.8549). and to this day support levels as follows: SI (0.8573) S II (1.8456) S IIII (0.8443)
recommendation:
prices moving up the R III, this means the EURGBP currency pair is in oversold condition to this day, from now sell with a target of 20 pips profit
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EUR/GBP intraday: the bias is still bullish. the pair has rebounded and is getting close to its previous high.
Pivot@ 0.8495
My choice: Open BUY positions above 0.8495 with targets @ 0.855 & 0.856 in extension.
Alternate choice conditions: Under 0.8495 start looking for further down-side with 0.847 & 0.845 as targets.
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eur/gbp technical analysis by using : average directional movement index wilder
adx wilder(14) level
style : 30.56
+di : 39.64
-di : 6.25
timeframe : 1 hour
time : 1200
date : 18.06.13
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Eur/gbp technical analysis
date : 06.18.2013
time : 09:00 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 78.80
2) MACD (26,12,9)
value: -0.0010
3) ADX (14)
value: 40.38
4)CCI(14)
value: 196.21
overall trend - slightly bullish.
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Eur/gbp analysis for 06.18.2013 by using pivot indicator.
r3: 0.8544
r2: 0.8525
r1: 0.8512
pivot: 0.8493
s1: 0.8480
s2: 0.8461
s3: 0.8448
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time frame- H1
price is not able to break the strong support at the 0.8475 and it is again moving up side. the price will try to reverse down side from the resistance at 0.8500 if this resistance is also break the price will move to next resistance at the 0.8530 stop loss at the 0.8480
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.
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.
My analysist for eurgbp today,18 june 2013 using open market price strategy
buy stop 0.8518 tp 0.8538 sl 0.8458
sell stop 0.8478 tp 0.8458 sl 0.8538
happy enjoy trading...
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hi;;;
I see the pair will go to up way to 0.8600
stochastic refers that the pair will go up
so our target buy from 0.8500 and our target will 100pips
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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