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Eur/gbp
suporting levels are here:
support 1) 0.8534
support 2) 0.8510
support 3) 0.8499
Ichimoku trends giving selling signals
THE RSI movement of this pair is moving with high frequency on SELL signal.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest resistance of this pair today will be going :0.8590
i think best time to enter sell trade at 0.8580 with tp at 0.8456 with narrow stop loss of 0.8598 agreeing with these conditions
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Eur/Gbp
EUR/GBP has travelled between a low of 0.8492 and a high of 0.8544 at the start of the week, trading -0.35% at the time of writing as the pound rallies from technical support vs the greenback some 0.70% on the day. There was little rhyme nor reason for the rally although Markit Services PMI was a slight improvement from 49 prior to 50, beating expectations of 49.2.
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Eur/GBP>>
pivot point :0.8530
first resistance is on point : 0.8545
second resistance is on point :0.8560
third resistance is on point : 0.8570
In my observation the profitable next selling point will be 0.8610
and by my mind the profitable next buy point will be 0.8520
I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
note;simply moving on parabolic levels entry.>
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EUR GBP specialized investigation market exchanging
Today investigation pattern : sell
The present cost and past expense is giving a straight signel that market will go down in business..
Opposition and Bolster focuses are additionally giving a singnel that market will go down that is the reason we should put our exchange on sell....
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EUR/GBP | OANDA
Get live exchange rates for Euro to British Pound Sterling (EUR/GBP) from the OANDA fxTrade platform. Updated every 5
EURGBP= | GBP/EUR | GBP/EUR exchange rate | GBP/EUR price | Trade ...
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EUR/GBP = Bearish
Support 1 = 0.8537
Support 2 = 0.8513
Support 3 = 0.8487
Resistance 1 = 0.8545
Resistance 2 = 0.8564
Resistance 3 = 0.8585
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Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.
Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators.
Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time.
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Dear i.forex members Good morning
EUR/GBP
On this Day i will predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
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Resistance and Supporting level is :
Current price is: 8.6457
1> Resistance Level is :8.6470
2>Resistance Level is : 8.6483
3>Resistance Level is:8.6496
Daily supporting level
1> Supporting Level is : 8.6445
2>Supporting Level is: 8.643
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The trading rang today is among the major support @ 33.30 and the key of resistance @ 35.70.
The general over short term basis is to the downside targeting 34.10 as far as area of 33.30 .