Gbp/Usd

by viewing the GBPUSD chart of the day we conclude that week bullish trend happened due to the blade oscillator of value 0.0022 located above the balance level of the indicator which shows a red signal to conclude a week indication that a bullish direction happen on the short run. By the way the moving average 5 on the chart giving us a UP indication then the bottom placed at price 1.6086 can be taken as a stop loss point for the buy orders given by the indicators that we deal with them. http://bigimage.cz/photos/20141013141316057171748.gif

the blue dots appearing above the candle bars indicates that the price today on the USDCHF pair is going to be heading upward depending on the price’s position we are going to determine where the price would be heading so if the price remained in its position lower than 1.5943 which act as a strong support at this moment also it happens to be a weekly pivot point at the same time then I do believe that the price would be heading north only till it meets the next weekly pivot resistance at 1.6216 .
But what if red dots appeared indicating bearish trades and the price bypassed the support 1.5943 and headed for the opposite direction then I do believe that the price in this condition would be heading south until it reaches the price 1.5812 which is the next support and the next pivot level of the week.
http://bigimage.cz/photos/20141013141316260365614.gif .

According to the position of the price at the moment which is currently in a position lower than the 15 EMA line there is a good chance for a bearish trend to be taking place today on the GBPUSD chart.
There is a small chance for the bearish trend to take place according to the signals appearing by the power momentum indicator which is a great tool to filter the sell positions we are about to enter.
As for the power line indicator which is showing a downward direction signal due to its position which is below the 50 level at this moment.
http://bigimage.cz/photos/20141013141316387371830.gif .

http://i58.tinypic.com/2072s1s.jpg

Pair: GBPUSD
Type of analysis: Technical
Time frame: H1
Trendline: Bearish under pivot
Fibonacci Indicator: Bearish retracement
William %R Indicator: Bearish (swing high)

Final decision: Bearish

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analysis for today 10 / 13 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBP / USD on the date 10 / 10 / 2014
OPEN 1.6117
HIGH 1.6134
LOW 1.6008
CLOSED 1.6074

The third resistance (R3) 1.6134 -( 1.6072 - 1.6008 = 0.0064 x 2 = 0.0128
The second Resistance (R2) 1.6072 + 1.6134 - 1.6008 = 1.6198
First resistance (R1) 1.6072 x 2 = 3.2144 - 1.6008 = 1.6136
pivot points 1.6134 + 1.6008 + 1.6074 = 4.8216 / 3 = 1.6072
Support for the first (S1) 1.6072 x 2 = 3.2144 - 1.6134 = 1.6010
Support second (S2) 1.6072 -( 1.6134 - 1.6008 = 0.0126 ) = 1.5946
Third Support (S3) 1.6008 -( 1.6134 - 1.6072 = 0.0062 x 2 = 0.0124

pair- gbp/usd
analysis time frame- m30

http://i59.tinypic.com/148f3bb.jpg

the up movement of the price may rejecting from the fibo resistance 50 level at the price 1.6130. the pivot point is holding down movement if this is break and move below 1.6073 then down movement can expected to the 1.6000 level. short with the sotp loss at 1.6170
good luck

The pair is trading the British pound against the dollar since both sides of the track in the morning and finds it difficult to overcome the barrier of 1.6100 so far, while the overall trend is still bullish exists to this day depending on the stability above the level

The moment indicator indicates that there is good selling signal on our pair GBPUSD and that’s because of the cross taking place where the blue line’s location is below the red line at the moment The oracle strength indicator on the other hand is could be considered be giving a upwards direction signal according to the yellow color shown If we needed more confirmation on the direction then the Oracle direction indicator would do the trick as you can see the blue colors on the arrows could be acting as upward signals.
Now as a conclusion from all the data we acquired up till now I believe that a downward trend would be taking action and that of course if the sell cross was still on the chart sell trades would have the priority as long as the ATR indicator gives selling signals.
http://bigimage.cz/photos/20141014141326282292717.gif .

As you can see on the GBPUSD chart the price is moving at a bearish channel. Now the price hits the low edge of donchain channel and I can say that a buy trades can be open by now targeting the high edge Stostatic by the way have a buy signal by having a bullish intersection near the 80 th level Finally a buy signal is shown on the awesome oscillator as you can see by having the bars below the 0 level and also the last bar is colored by green To make a clear decision from the previous givens the price have a higher chance to head up till the higher level of donchain channel but if you face the up edge of manually drawn channel then you have to close any buy trades and for more strength for your trades waiting for a buy signals drom awesome oscillator and stostatic is prefered http://bigimage.cz/photos/20141014141326474638603.gif

by viewing the GBPUSD chart of the day we conclude that week bearish trend happened due to the blade oscillator of value 0.0002 located below the balance level of the indicator which shows a blue signal to conclude a week indication that a bearish direction happen on the short run. By the way the moving average 5 on the chart giving us a UP indication then the top placed at price 1.6068 can be taken as a stop loss point for the sell orders given by the indicators that we deal with them. http://bigimage.cz/photos/20141014141326451172921.gif