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EUR/GBP up on Brexit hopes
The British Pound gathered extra steam at the end of the week in response to rising hopes on an eventual EU-UK deal and auspicious headlines regarding the conflict surrounding the Irish backstop.
It is worth recalling that investors’ change of heart around the Sterling has been exacerbated after PM B.Johnson’s bill to call for early elections was defeated twice in Parliament before it enters suspension. This outcome has fuelled hopes of an extension to the Brexit deadline to January 2020 unless MPs approve a soft/hard EU-UK divorce by October 19.
In the meantime, UK PM Boris Johnson is expected to meet EC’s Jean-Claude Juncker in Luxembourg on Monday.
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Main ny tu kabhi bhi es pair par trading ni ki wasy kahta hain k ya buhat reski ajj fibionicci pivot point 78% par hai jiss say ye maloom ho raha hai
k ajj market me taazi anay wali hai
traders ke liya zarori hai ke sport or resistence ko follow karen
or market me sell yani nechey ki janab trade ko open kar lain sab
indicator market nechay ki janab he janay ka eshara day rahain hain es pair main trading karna , ap es pair main trading karna pasd karta hai tu phr ap ko kam loat ki trad karna ho ge os say ya hai ka ap loss say bech je ga sath sath main ap ko profit bhi ho ga..
Current Price hai: 5.6950
Pivot Point 5.65
1 Resistance 5.65
2 Resistance 5.65
3 Resistance 5.65
Support 1: 5.6952
Support 2: 5.6932
Support 3: 5.6916
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It is the current view that usdchf is continuing the downtrend. Making a top at 0.9845 Wednesday, January 10, usdchf continue the downtrend that start at the top at 0.9977, so we have enough reason to believe that usdchf continue the downtrend. Usdchf has now reached the lowest at 0.9697 which already broke the last bottom at 0.9699. Also, usdchf show strong momentum down still so usdchf possibly continue the downtrend.
In the 1day chart, we see the stoch(5,3,3) strongly showing downtrend and has not reached the bottom level yet, while the macd also still show downtrend signal and the bbands still has to bounced the lower side to be able to reverse.
It's almost 3 months now that eurusd has been on the downtrend since the last top at 1.25548, February 16, 2018. Since then eurusd has been sideways keeping above the uprend trendline. Since last 2 weeks ago, eurusd has broke the uptrend trendline and eurusd now show downtrend. Having broke the uptrend trendline, when now will eurusd make bottom and reverse up.
Having broke the uptrend trendline now, we cannot say that eurusd will now continue the long-term downtrend. We still have several bottom/supports below to contend with, 1.1717 and 1.1553, which should hold eurusd from going down. Although eurusd has already made a long move down now, it is the view that eurusd will still continue down as it has still strong momentum. And with that we have bottom/supports at 1.1717 and 1.1553 as possible targets.
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Today Trend Of The Market:Buy
Moving average
Current price
Previous price
And
All indicators tell have a about market up
So do the trading in Buy and get a good profit
The Forex Trading Is The Game Of Luck And If You Want Become Successful Trader In Forex So Achieve Good Knowledge And Experience About Trading
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My technical analysis and express opinion about this pair..EUR/GBP
They are used as the basis for most technical analysis. The pivot point is the point in which the market sentiment changes from bearish to bullish. Pivot point, support and resistance calculations are widely accepted as the simplest yet most effective trading strategy.
Parabolic indicators show BUY trend so set the take profit and stop lose with the Resistance and supporting level. EUR/GBP is good trading pair and movement daily basic es so i give analysis about EUR/GBP i am working on this pair good profit this is the profitable trading pair.
Pivot point,,,,,,0.8897
Open,,,,,,,0.8884
High Price,,,,,,0.8892
Low price,,,,,,0.8884
Resistance levels,,,,,
1 Resistance level<<< 0.8937
2 Resistance level<<< 0.9016
3 Resistance level<<< 0.9055
Supporting levels,,,,,,,
1 Supporting level<<< 0.8821
2 Supporting level<<< 0.8780
3 Supporting level<<< 0.8703
Keep trade with discipline and patience.
Remember Always trade in the direction of the current trend, because trend always your friend. Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading.
(Best of Luck)
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Pivot points0.8881
Resistance 1=0.8891
Resistance 2=0.8898
Resistance 3=0.8908
Support 1=0.8874
Support 2=0.8864
Support 3=` 0.8857
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EURGBP Trend is buy
1 Resistance is: 0.9343
2 Resistance is: 0.9232
3 Resistance is: 0.9124
1 Supporting is: 0.9019
2 Supporting is: 0.8901
3 Supporting is: 0.8805
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EUR/GBP is Bullish
@ Resistance 0.9347
@ Resistance 0.9231
@ Resistance 0.9123
@ Supporting 0.9011
@ Supporting 0.8903
@ Supporting 0.8809
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Eurgbp
euro / british pound
0.88886
gbp
+0.00347 (+0.39%)
market open (sep 16 04:23 utc-4)
0.88539
prev
0.88650
open
64.626k
volume
0.88519 — 0.89021
day's range
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Today market trend Sell Eur-Gbp
I predict that there will be a signal trend down
so the best option is to do with the order SELL on resistence level 1
all super indicator Rsi and zigzag and fundament analysis give
signal market going down I observe with dolly indicator would appear there are signal trend Selling
there is a tendency of some signal of some indicators
i want to open position SELL
with the criteria for take profit and stop loss of 20 pips with a take profit position