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Today Market trend:sell
Market exchanging sign rely upon a pointers
The pointers educate us concerning business sector down so do the exchanging sell and get an enormous benefit
Presently the exchange of Sell is progressively gainful
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The pair has broken the H1 uptrend line and now trying to break the H4 uptrend line, if break, we'd see falling down targeting .
Otherwise, the pair will bounce up to .again before it continues to bearish.
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EUR/GBP
The downfall, also marking the sixth day of a negative move in the previous seven, dragged the cross below the key 0.90 psychological mark to two-week lows during the mid-European session.The horizontal support of the mentioned triangle coincided with 100-period SMA on the 4-hourly chart, which further reinforces the bearish break and supports prospects for a further depreciating move.
Meanwhile, oscillators on hourly charts have been gaining negative momentum but have still managed to hold in the bullish territory on the daily chart, warranting some caution for bearish traders.
However, any attempted bounce back above the 0.90 mark might still be seen as an opportunity to initiate some fresh bearish positions for an eventual slide towards testing sub-0.8800 levels.
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Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level,
maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level
35 pips from current price
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The pair has broken the H1 uptrend line and now trying to break the H4 uptrend line, if break, we'd see falling down targeting .
Otherwise, the pair will bounce up to .again before it continues to bearish.
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Pivot points0.8940
Resistance 1=0.8951
Resistance 2=0.8960
Resistance 3=0.8971
Support 1=0.8931
Support 2=0.8920
Support 3=` 0.8910
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EUR/GBP
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EURGBP trend is buy
Pivots Point :0.90773
1 Supporting level is 0.87667
2 Supporting level is 0.85919
3 Supporting level is 0.81065
1 Resistance level is 0.92521
2 Resistance level is 0.95627
3 Resistance level is 1.00481
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So all of friends join forex trading and earn good. I have use some good indicators to earn good profit. These indicators are
RSI
Zigzag
If indicator shows markit markit going up you trade on buy and if indicator shows markit going down you trading on sell to earn good profit. So forex trading is a good earning website.