Eur/Gbp

[samoo]

As you can see on the EURGBP chart in front of you the price direction is bearish and that is because of the down channel taking place According to the Donchin channel on the chart the bottom side of the channel was the last level to be hit by a candle which means that if a trade is to opened now a buy order would be recommended and the high side would be considered as a take profit As for the Awesome oscillator's signs it appears that the trend is going to be bullish one and that is because the Awesome oscillator is giving a green sign above the 0 level Also the stostatic is makes a sell cross near the 20 th level which means a bearish trend will be taking place As a conclusion I recommend a buy order as soon as you get a confirmation from the stostatic and the awesome oscillator targeting the high level of the Donchin cannel

[ali90]

As you can see on the EURGBP now there are a sell cross on the Snake and the T3-Clean indicators Also there are a bearish signal showing on Henkin Ashi candles as it is a red for the last candle in addition that you can see a down trend arrow showing before The trend session indicator is at red stage which is also a good bearish signal for the short term According to the past three signals I can think we could get a bearish trend for the next day targeting the area of 0.7837 as the first good support is located which can be used as a safe place for closing the sell positions or at least on it to see how the price will deal with it

[troykilson]

by viewing the EURGBP chart of the day we conclude that week bullish trend happened due to the blade oscillator of value 0.0002 located above the balance level of the indicator which shows a red signal to conclude a week indication that a bullish direction happen on the short run. By the way the moving average 5 on the chart giving us a down indication then the bottom placed at price 0.7889 can be taken as a stop loss point for the buy orders given by the indicators that we deal with them.

[aliali1]

As a result of the green arrow that we are seeing at the moment on the EURGBP chart we conclude that a bullish trend would be taking place now on the top of that the bottom located at the price 0.787 which is a strong support at the moment and the price shouldn�t be able to go below it if the bullish trend stayed strong.
A up direction is to be taking place because of the parabolic sar�s dots which are located below the candles.
And for a take profit the price level 0.7895 would be perfect since it's a resistance when we are selling because there might be a good chance for the price to start hitting south after hitting it.
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[halloiasan]

As you can see on the EURGBP chart in front of you the price direction is bearish and that is because of the down channel taking place According to the Donchin channel on the chart the bottom side of the channel was the last level to be hit by a candle which means that if a trade is to opened now a buy order would be recommended and the high side would be considered as a take profit As for the Awesome oscillator's signs it appears that the trend is going to be bullish one and that is because the Awesome oscillator is giving a green sign above the 0 level Also the stostatic is makes a sell cross near the 20 th level which means a bearish trend will be taking place As a conclusion I recommend a buy order as soon as you get a confirmation from the stostatic and the awesome oscillator targeting the high level of the Donchin cannel

[wench]

the blue dots appearing above the candle bars indicates that the price today is going to be heading upward depending on the price�s position we are going to determine where the price would be heading so if the price remained in its position lower than 0.7837 which act as a strong support at this moment also it happens to be a weekly pivot point at the same time then I do believe that the price would be heading north only till it meets the next weekly pivot resistance at 0.8032 .
But what if red dots appeared indicating bearish trades and the price bypassed the support 0.7837 and headed for the opposite direction then I do believe that the price in this condition would be heading south until it reaches the price 0.7747 which is the next support and the next pivot level of the week.
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[hatrik]

The moment indicator indicates that there is good buying signal on our pair EURGBP and that�s because of the cross taking place where the blue line�s location is above the red line at the moment The oracle strength indicator on the other hand is could be considered be giving a downwards direction signal according to the red color shown If we needed more confirmation on the direction then the Oracle direction indicator would do the trick as you can see the red colors on the arrows could be acting as downward signals.
Now as a conclusion from all the data we acquired up till now I believe that a upward trend would be taking action and that of course if the buy cross was still on the chart buy trades would have the priority as long as the ATR indicator gives buying signals.
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[ANDRIAS]

http://prntscr.com/4yw58z
analysis for today 10 / 23 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 10 / 22 / 2014
OPEN 0.7891
HIGH 0.7925
LOW 0.7872
CLOSED 0.7879

The third resistance (R3) 0.7925 -( 0.7892 - 0.7872 = 0.0020 x 2 = 0.0040 )= 0.7965
The second Resistance (R2) 0.7892 + 0.7925 - 0.7872 = 0.7945
First resistance (R1) 0.7892 x 2 = 1.5784 - 0.7872 = 0.7912
pivot points 0.7925 + 0.7872 + 0.7879 = 2.3676 / 3 = 0.7892
Support for the first (S1) 0.7892 x 2 = 1.5784 - 0.7925 = 0.7859
Support second (S2) 0.7892 -( 0.7925 - 0.7872 = 0.0053 ) = 0.7839
Third Support (S3) 0.7872 -( 0.7925 - 0.7892 = 0.0033 x 2 = 0.0066 )= 0.7806

[clark]

According to the position of the price at the moment which is currently in a position upper than the 15 EMA line there is a good chance for a bullish trend to be taking place today on the EURGBP chart.
There is a small chance for the bullish trend to take place according to the signals appearing by the power momentum indicator which is a great tool to filter the buy positions we are about to enter.
As for the power line indicator which is showing a downward direction signal due to its position which is below the 50 level at this moment.
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[maggie]

While monitoring the EURGBP I came to realize that a bearish trend is being formed today on the chart and of course I came to that conclusion because of the red signal performed by the super trend indicator giving me a hint on where the market supposedly would be heading.
The Nolog dot indicator giving us a blue colored dot indicating that a buy signal should be taking place soon.
A week bearish trend is indicated by the signals encouraging us to take sell trades but that of course as soon as the Nonlog indicator changes it�s signal to make another confirmation for this direction.
In order to be safe we should think of the best position to act as our stop loss I believe the resistance located at the price 0.7876 would be the perfect place for that but if this method is not convincing enough then waiting for the super trend�s color to change to green would be a good idea as well since the bearish trend would certainly be over if it met any of those conditions.