Eur/Gbp

H1 trying to infiltrate the rising trend line and are currently attempting to break the trend line break H4, we'll pick up in the fall. 8,807 and 8,764.

Otherwise, tries to rebound. 8, 936.8, 975, which again go to the pessimists.

we can see in the 1w chart
I see the pair will go to down way to 0.8380
stochastic refers that the pair will go down
so our target sell from 0.8498 and our target will 116pips



http://charts.mql5.com/1/756/eurgbp-...orex-group.png


:respect::woo:

time frame- H1
the price is moving in the ascending triangle chart pattern. it has strong resistance at the 0.8520 and supporting trend line at the 0.8490. the stoch indicator is oversold so we can short this pair with breaking supporting trend line at the 0.8490 with the target 0.8460
good luck

Eur/gbp analysis for 06.10.2013 by using pivot indicator.

r3: 0.8568
r2: 0.8547
r1: 0.8521

pivot: 0.8500

s1: 0.8474
s2: 0.8453
s3: 0.8427

Eur/gbp technical analysis

date : 06.10.2013
time : 03:15 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 42.55

2) MACD (26,12,9)
value: 0.0001

3) ADX (14)
value: 33.56

4)CCI(14)
value: -87.29

overall trend - strongly bearish.

Hi,,




in the chart 1h we can see the pair will go to up way in the future
I see the pair will go to 0.8536
I expect from this analyze that the price will go to up way
so buy from 0.8507 to 0.8536good luck

today i buy this pair @ 0.8507
my stop loss of the day @ 0.8485
half take profit @ 0.8537
and half @ 0.8464

to the movement of the currency pair EURGBP today still be within the pivot (0.8590) as the price is still not touching the zone seller or buyer on this day, my recommendations are as follows buy stop @ at price 0.8520 tp at 0.8540. and sell stop@0.8480 tp at 0.8460

the pair will go up to fibo 61.8
I see the pair will go to up way to 0.8552
stochastic refers that the pair will go up
so our target buy from 0.8506 and our target will 47pips


http://charts.mql5.com/1/760/eurgbp-...ex-group-2.png

the pair will go up to fibo 38.2
I see the pair will go to up way to 0.8608
stochastic refers that the pair will go up
so our target buy from 0.8508 and our target will 100pips

Good luck