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Forex is a short-term trading market, where a trader aims to derive the profit from the price rate fluctuations. The maximum duration of a trade on Forex is several months, while on the stock market it may last for maximum 5-7 years. The foreign exchange market is decentralized. Various banks trade on it using different software. Most individuals simply cannot enter the interbank Forex market, as the standard trade volume here varies from $100,000 to $1 million. A dealing centre acts as an intermediary between the bank and the trader.
Money management is very effective for getting profits with stop loss and take profits method with current trading position. Remember there are risks in forex trading field so be active and be careful.
If you want become Successful Trader In Forex so could the hard work and get a knowledge and experience about forex trading.
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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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Eventually, you'll find yourself in a comfortable group with people you can interact with, share ideas (both similar and contrary), and it will give you more confidence when you're trading. The Forex broker you use may have suggestions as to where you can find appropriate groups, or may even have groups available through their website.
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i express my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
i suggest you this analysis indicater for 95% chances...
goodluck..
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side
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eur.gbp
Resistance UP ^
pivot point # 0.8556
1#Resistance 0.8567
2# Resistance 0.8590
3# Resistance 0.8604
Support DOWN V
1# Support 0.8534
2# Support 0.8546
3# Support 0.8493
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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
Long term movement pivot, Resistance and support levels are as follows for today date.
Current Price 1- 0.83670
main resistance level 2- 0.83751
main support levil 3-0.83431
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Eur/gbp
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
we predict future values with technical analysis for wide selection of Forex (Foreign Exchange) pairs like EUR to GBP . If you are looking for foreign exchange rates with good return, EUR to GBP can be a bad, high-risk 1-year investment option. EUR/GBP rate equal to 0.837 at 2020-02-23, but your current investment may be devalued in the future.
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EUR/GBP seesaws around the previous day’s close while taking rounds to 0.8305 ahead of the European session on Wednesday. The pair dropped to the lowest in a year on Tuesday but bounced back amid oversold RSI conditions. Even so, a descending trend line from January 01 restricts the pair’s near-term pullback.
Hence, the pair’s recovery to January-end lows near 0.8387 can’t be expected unless it stays strong above 0.8353 resistance-line.
If at all buyers manage to dominate beyond 0.8387, February 05 low near 0.8430 and the monthly top surrounding 0.8540 will gain market’s attention
Until then, sellers will keep targeting December 2019 low near 0.8275 while also aiming for July 2016 low near 0.8250 during further declines.
If prices stay weak below 0.8250, April 2016 top close to 0.8120 could return to the charts.