Eur/Gbp

EUR / GBP has recently been in flat for the most part. On Friday, the maximum touch point tested the price + - 0.8991, but as we can see, it could not fix the price higher, thus forming a local resistance level at this level. Theoretically, prices rose and were higher to the level + - 0.9106, but that was relatively long, in January this year and the total shadow. Prices can break resistance, and follow higher, and push from the local resistance zone, but the first option with an upward push is mostly more suitable.

https://indian-forex.com/customavatars/1380173961.png

results of analysis of using daily pivot point calculations for EURGBP
I see this pair still in strong bullish movement . If this pair keep moving to up side ,
I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
BUY position is better choice now, you can set target profit level 50 pips from current price
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according to EURGBP technical analysis ,
I predict this pair have BULLISH TREND.
the price is break Resistance and Trend Line and it is Flying Up side with having the Long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels
I suggest to take LONG position, put your take profit at 0.9305
time frame that is considered while making support and resistance levels – Daily and Weekly time frame,
consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.

The pair eur/gbp

Technical analysis of today is bullish.

Pivot Point. 0.9278

Current Price.0.9262

Resistance levels are;
R1. 0.9294
R2. 0.9327
R3. 0.9358

Supporting levels are;
S1. 0.9269
S2. 0.9256
S3. 0.9235

Today in my view that's market analysis and trend : BUY

According to the indicators given below :-
MACD
Parabolic sar
Bollinger band
RSI
And
Moving average

Tell the about market trend up so we do trade in buy and take good profit

Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading

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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 0.9265
This currency name - EUR/GBP
Resistance and Target - 0.9282
Support and Stop Loss - 0.9248
Always follow Long time frame market trend.
Signal is Sell.

Quote:

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Originally Posted by rabnaj

EUR / GBP has recently been in flat for the most part. On Friday, the maximum touch point tested the price + - 0.8991, but as we can see, it could not fix the price higher, thus forming a local resistance level at this level. Theoretically, prices rose and were higher to the level + - 0.9106, but that was relatively long, in January this year and the total shadow. Prices can break resistance, and follow higher, and push from the local resistance zone, but the first option with an upward push is mostly more suitable.

https://indian-forex.com/customavatars/1380173961.png

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This pair is so slow that I did not trade it but for now there is a good selling opportunity but needs patience to reach the target. The pair has reached 261 fibo levels with 5 waves so it may start going down this week for levels 0.88 and 0.86
In my view, I think 0.92 is a very strong resistance level which will push it down, I suggest you to place your SL above the last daily highs.

Good luck, friend.

https://indian-forex.com/customavatars/773591365png

Forex Forecast with price level
EUR/GBP - pair in focus.
Current Price - 0.9272
main support level - 0.9244
main resistance level - 0.9300
Pair likely to be in Sell today.

Today market trend:sell

Pivot points
Current price
Previous price

And

All indicators tell us a about market trend goes down so follow the indicatora instructions and do the trading*


Forex is a luck game if you want become good trader so do the hardworking and get a huge profit

Time Frame - 4 Hour
Currency pair - EUR/GBP
Buy @ - 0.9277
Stop Loss - 0.9206
Take Profit - 0.9356
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.