Eur/Gbp

trending up after a long, monthly movement began yesterday into the condition of consolidation. Is bulana movement would continue trending up or trending down to change into? the answer is in reference to the weekly, the weekly reference price was trending up but immediately turned into consolidation again. now the price is in the SD-1 BB 120 (magenta). because the director shows pointing down, then the best option is sell. which may limit target price is 480 MA (aqua).

Spoiler:

http://i1345.photobucket.com/albums/...ps7668e1c0.png

eur/gbp market analysis by using : average directional movement index wilder(14) & average directional movement index(21)

adx wilder(14) level

style : 37.37
+di : 20.51
-di : 22.79

adx(21) levels

adx : 14.19
+di : 21.29
-di : 11.52

time : 0900
date : 18.07.2013
timeframe : 1 hour

EUR/GBP pair is now down trend. The price already breakout daily pivot point (0.86499). I think the price may touch daily support 1 level (0.85894).

http://i1311.photobucket.com/albums/...psef639ad3.jpg

today i like to sell this pair @ 0.8633
my stop loss of the day @ 0.8653
half take profit for today @ 0.8620
and further half take profit @ 0.8608

Instrument EUR / GBP may be noted - the heart of the system - Genesis Matrix showed 4 red squares appeared arrow down from the indicator Arrow (optional condition) Stochastic seek from the overbought zone oversold bearish candle opened below the yellow 5 EMA. Heiken Ashi revealed a new impulcnuyu bearish candle with a large lower shadow, Rezum: formed the entrance to the short position.

pair drops to support
drop from 0.8640 /48 o test support on the release of yet more upbeat Uk data

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 0.8651
I expect from this analyze that the price will go to up way
so buy from 0.8606 to 0.8651
good luck

http://charts.mql5.com/2/67/eurgbp-h...orex-group.png


we can see in the 4h chart
the pair will go down to fibo 61.8
I see the pair will go to down way to 0.8562
macd refers that the pair will go down
so our target sell from 0.8605 and our target will 43pips

Good luck

time frame- H1
The price is not able to break the pivot point resistance at 0.8650 and this is break the lower support at the 0.8615 level. the stoch indicator is also moving below the over sold level 20 so up movement is expected. if the price break 0.8620 level we can long with the take profit at 0.8675 and stop loss at the 0.8590
good luck.

Eur/gbp pivot levels for 18.07.2013 by using fibonacci pivot indicator.

resistant 1:0.8744
resistant 2:0.8708
resistant 3:0.8685

pivot point :0.8649

support 1:0.8613
support 2:0.8590
support 3:0.8554