Eur/Gbp

EURGBP, yesterday bearish price move. whether prices will continue bearish trend today? current prices begin to rise looks began to enter the OB area, but if this the upward movement is able to penetrate the pivot level, there are opportunities to progress to the level of 0.8446, but if it remains under the pivot, the pair will likely go down to the 0.8366 level. however, due to strong sell movement yesterday, then I suggest to look for short positions only.

Spoiler:

http://i44.tinypic.com/eurgx4.png

analysis of several indicators that I use on eur/gbp currency with M30 and H1 timeframes are in the form of pivots indicator R3=0.8508, R2=0.8486, R1=0.8447, Pivots=0.8425, S1=0.8386, S2=0.8364, S3=0.8325 indicates the following as well as I use other indicators such as zona trade that displays the zona signal BEARISH on market position 0.8443 so that the most appropriate step is to conduct an open position SELL with a stop loss of 0.8463 and take profit at 0.8423

Eur/gbp analysis :

date : 09.24.13
time : 08:45 GMT
time frame : 15 min

current rate : 0.8441
high : 0.8451
low : 0.8408
net change : 0.40%

overall trend : slightly bullish.

Eur/gbp analysis for 09.24.2013 by using pivot indicator.

r3: 0.8507
r2: 0.8448
r1: 0.8447

pivot: 0.8424

s1: 0.8387
s2: 0.8364
s3: 0.8327

EUR/GBP pair is now bullish power. The price already touched daily resistance 1 level (0.84447) and upper trend line. I think the price may touch daily resistance 2 level (0.84792).

http://i1311.photobucket.com/albums/...ps27dd88a8.jpg

eur/gbp
analysis of 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 : 37.91
+di : 25.82
-di : 13.99

adx(14) level

adx : 26.16
+di : 17.88
-di : 15.32

so overall market trand is : slightly bullish

timeframe : m15
time : 1400 gmt

time frame- M30
the price is not able to break the 0.8400 and moving up side but it is also rejected from the 0.8447 level. it is start to move in the channel pattern. if the price break lower support of channel at the 0.8424 this will falling and again move toe support 0.8400
trade type- short
target@0.8400
stop loss@0.8450
good luck.

Eur/gbp analysis :

date : 09.24.13
time : 14:15 GMT
time frame : 15 min

current rate :0.8433
high : 0.8451
low : 0.8408
net change : 0.28%

overall trend : slightly bearish.

today i like to buy this pair @ 0.8414
my stop loss of the day @ 0.8400
half take profit for today @ 0.8426
and further half take profit @ 0.8443

Hi,,




in the chart 4h we can see the pair will go to up way in the future
I see the pair will go to 0.8456
I expect from this analyze that the price will go to up way
so buy from 0.8417 to 0.8456
good luck