Dear traders,
EURGBP has broken a strong resistance turned support. There is a possibility for this pair to go up to 0.90110 after hitting the 0.382 Fibonacci level. Good luck everyone with your trading!
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Dear traders,
EURGBP has broken a strong resistance turned support. There is a possibility for this pair to go up to 0.90110 after hitting the 0.382 Fibonacci level. Good luck everyone with your trading!
Eurgbp
euro / british pound
0.86617
gbp
+0.00146 (+0.17%)
market open (mar 05 06:48 utc-5)
0.86471
prev
0.86471
open
104.308k
volume
0.86211 — 0.86646
The EUR/GBP cross edged lower for the third consecutive session on Thursday and extended this week's rejection slide from the very important 200-day SMA.
Sustained weakness below 100-hour SMA was seen as a key trigger for intraday bearish traders and fueled the ongoing corrective slide from 4-1/2 month tops.
A subsequent fall below the 23.6% Fibonacci level of the 0.8282-0.8746 recent rally now seems to have paved the way for a further near-term depreciating move.
Hence, some follow-through selling has the potential to continue dragging the cross further towards a strong horizontal support near the 0.8600 round-figure mark.
The downward momentum could further get extended towards the 38.2% Fibo., around the 0.8565 region, which coincides with a previous strong resistance break-point.
Meanwhile, technical indicators on the 1-hourly chart are already flashing slightly overbought conditions and warrant some caution before placing fresh bearish bets.
Moreover, oscillators on the daily chart – though have eased from highs – maintained their bullish bias and support prospects for the emergence of some dip-buying.
Market analisis treand !
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Pretty soon you can start building your long position on and it starts from the round number Obviously, do your own research, read fundamentals and etc.
Technical...
Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:SELL = (3)dEMARKER :SELL
2)Fractals :SELL = (4)Evelopes :SELL
EUR/GBP
Paraboloc SAR : SELL
The RSI is still on :SELL
StDev on SELL direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going DOWN and technical Analysis same thing.
All technical and fandamantal follow the SELLing trends.
Note:Always Follow the making experienced with others having great knowledge about trading.
EUR /Gbp
Today market trend = buy
Oscillator sales volume
Current price
And
Support points and resistance
market ke oper janey k haq main hain
buy ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren. Ta k ap zyda earning hasal kr saken or agar
ap market ko achi terha samjay bagher trade kren
ge to nuqsan uthana paray ga.
Instaforex is the best online job
Best of luck to all members of forax community.
Trend represents one of the most essential concepts in technical analysis. All the technical analy- sis tools that an analyst uses have a single purpose: help to identify the market trend.The meaning of Forex trend is not so much different from its general meaning - it is nothing more than the direction in which the market moves. But more precisely, foreign exchange market does not move in a straight line, its moves are characterized by a series of zigzags which resemble successive waves with clear peaks and troughs or highs and lows, as they are often called.
As we mentioned above, forex trend is comprised of a series of highs and lows, and depending on the movement of those peaks and troughs one can understand the trend’s type on the market.
Though most people think that foreign exchange market can be either upward or downward, actu- ally there exist not two but three types of trends:
Uptrend Downtrend Sideway
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.
Dear i.forex members
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.
Today market trand is sell....
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren. Ta k ap zyda earning hasal kr saken or agar
ap market ko achi terha samjay bagher trade kren
ge to nuqsan uthana paray ga. Best of luck....