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EURGBP managed to get down below the pivot level, this pair has the potential to continue to decline towards the 0.8426 level to 0.8405. because daily LSMA also indicate pointing down, the price is also the dominance of sellers on a daily basis. But if prices go back up above the pivot, the pair will likely return to the opening price and may even be higher at 0.8479
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today i like to buy this pair @ 0.8424
my stop loss of the day @ 0.8400
half take profit for today @ 0.8443
and further half take profit @ 0.8465
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eur/gbp
if we see the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 27.36
+di : 19.26
-di : 28.95
adx(14) level
adx : 16.68
+di : 13.38
-di : 23.02
so we can decide that the market trand is : up
timeframe : 1 hour
time : 0700 gmt
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Eur/gbp analysis :
date : 09.23.13
time : 08:00 GMT
time frame : 15 min
current rate :0.8416
high : 0.8465
low : 0.8417
net change : -0.37%
overall trend : slightly bearish.
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analysis of several indicators that I use on eur/gbp currency with M30 and H1 timeframes are in the form of pivots indicator R3=0.8504, R2=0.8482, R1=0.8466, Pivots=0.8444, S1=0.8428, S2=0.8406, S3=0.839 indicates the following as well as I use other indicators such as zona trade that displays the zona signal BULLISH on market position 0.8423 so that the most appropriate step is to conduct an open position BUY with a stop loss of 0.8403 and take profit at 0.8443
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EUR/GBP pair is now bearish power. The price already breakout daily support 1 level (0.84275). I think the price may touch daily support 2 level (0.84055).
http://i1311.photobucket.com/albums/...ps8458fc90.jpg
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I use technical analysis of currency pairs EURGBP in the market at 15:18 which is the current market position is at 0.8415 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands = TREND DOWN, MACD = TREND DOWN, Parabolic SAR = TREND DOWN, Stochastic = TREND DOWN,
but it is by looking at the position on the market today gained 0.8443 points pivots, yesterday high at 0.8459 and yesterday low at 0.8421 so support and resistance
R3 : 0.8503
R2 : 0.8481
R1 : 0.8465
Pivots : 0.8443
S1 : 0.8427
S2 : 0.8405
S3 : 0.8389
of some of the analysis contained in the signal TREND DOWN at currency pairs EURGBP, so the best step to open position SELL by set take profit at 0.839 and stop loss at 0.844. good luck
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I do not have any experience in order to inform you in this pair is the pair
I rely on the pair dollar / euro luck to all
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eur/gbp
if we see the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 38.44
+di : 9.96
-di : 26.86
adx(14) level
adx : 40.00
+di : 8.67
-di : 21.27
so overall market trand is : slightly bearish
timeframe : m15
time : 1200 gmt
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time frame- M30
this is break the support at 0.8435 and moving down side but now its making a doji pattern. the stoch indicator is also at the 20 level and moving up side. if the price is close above the 0.8420 we can long.
trade type- long@0.8421
target@0.8450
stop loss@0.8400
good luck.