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dear all member of Indian Forum, today I will discuss about EURGBP
my predict price will falling. if you choose SELL position, then put a take profit at 0.8920 and stop loss at 0.8999
I see the daily chart that indicate complete downtrend of this pair.
Exponential Moving Average (5) 0.71003 : DOWN
Simple Moving Average (5) 0.71032 : DOWN
Exponential Moving Average (10) 0.70951 : DOWN
Simple Moving Average (10) 0.70939 : DOWN
Exponential Moving Average (20) 0.70962 DOWN
Please avoid using big lot for your trade because this business is very dangerous.
anything can happened in forex market. good luck to your trading my friend
I hope you can make consistent profit everyday.
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Today's Technical Analysis for: EURGBP
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. best of luck
according to H4 time Frame, it seems to be
Today Market Trend is : BEARISH
Resistance Level are:-
1> Resistance Level is : 0.8990
2> Resistance Level is : 0.9020
3> Resistance Level is : 0.9050
Supporting Level are:-
1> Supporting Level is : 0.8930
2> Supporting Level is : 0.8900
3> Supporting Level is : 0.8870
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EurGbp bullish trend can continue , now current price at 0.8934 and strong support at level 0.8914 in hourly time frame. there is possible chance EurGbp price will move to up side. then next high price is 0.8984
I suggest to entry buy with stoploss at 0.8900 and take profit at 0.8984
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EUR/GBP technical analysis: Head-and-shoulders breakdown likely.
EUR/GBP has created a head-and-shoulders bearish reversal pattern on the 4-hour chart with neckline support at 0.8954.
A 4-hour close below that level would confirm breakdown and open the doors to 0.8857 (target as per the measured move method).
The head-and-shoulders breakdown looks likely, as signs of bullish exhaustion have emerged on longer duration charts. For instance, the weekly chart shows multiple candles with long upper wicks, marking failure to keep gains near/above 0.90.
Further, the daily MACD histogram has turned bearish and the weekly MACD indicates the bullish momentum has weakened over the last four weeks.
The case for a head-and-shoulders breakdown would weaken if the pair rises above 0.9005, invalidating lower highs pattern on the 4-hour chart. As of writing, the pair is trading at 0.8965.
Trend: Bearish
Pivot points
R3'0.9049
R2'0.9028
R1'0.8995
PP'0.8974
S1'0.8942
S2'0.8921
S3'0.8888
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the pair is moving down on a trending down channel from a large period , i expect this pair to move up but on a short term , it will go up till reaching the upper line of the channel then it will correct its direction by moving down again in the channel , we can now buy and make profit about less than 200 pips , but be careful the pair has not to move up with exactly 200 pips , it can move with 100 pips or 50 pips only , i suggest to set a small take profit point and not to be greedy as the pair is originally moving in a downtrend channel
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Good Morning All user
Today Martket technical Analysis Eur-Gbp
Indicator shows market going down and technical Analysis same thing
Es liye me app ko technical analysis or indicator ko follow karte howey
bata raha hon ke market ajj {43.2% Buying} me hai
Always Follow they Money Management
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Forex Forecast with price level
EUR/GBP - pair in focus.
Current Price - 0.8963
main support level - 0.8958
main resistance level - 0.8968
Pair likely to be in Sell today.
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eur gbp pair shown a very good sign of uptrend..
This pair has small resistance at various values like 0.8035m 0.8060, 0.8080 .. but these resistance are not that strong..
I think this pair can be bought from here...do not sell this pair for few more hour
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Today Market trend:sell
Market trading signals depend on a indicators
The indicators tell us about market down so do the trading in sell and get a huge profit
Now the trade of Sell is more profitable
If you want a complete your dreams so come in forex and do the trading
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results of analysis of using daily pivot point calculations for eurgbp
I see this pair still in strong bearish movement . If this pair keep moving to down side ,
I predict this pair will reach to the next support level, maybe this pair will make some correction to the next low level.
Down trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
sell position is better choice now, set take profit at 0.8916
you should put StopLoss at 0.8998
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