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pair- eur/gbp
chart analysis time frame- m30
http://i58.tinypic.com/opzjtu.jpg
up movement of the price has been break with a strong bearish candle. it is not able to move above the resistance at 0.8274 and moving down side. this may be hit the daily support 0.8330 so hold short position with the stop loss at 0.8375
good luck.
pair- eur/gbp
chart analysis time frame- m30
http://i58.tinypic.com/opzjtu.jpg
up movement of the price has been break with a strong bearish candle. it is not able to move above the resistance at 0.8274 and moving down side. this may be hit the daily support 0.8330 so hold short position with the stop loss at 0.8375
good luck.
EUR/GBP analysis for today 3 / 24 / 2014
Resistance 3 0,8491
Resistance 2 0,8461
Resistance 1 0,8441
Pivot Point 0,8363
Support 1 0,8292
Support 2 0,8272
Support 3 0,8242
BUY STOP 0,8441 STOP LOSS 0,8292 TAKE PROFIT 0,8461
SELL STOP 0,8292 STOP LOSS 0,8441 TAKE PROFIT 0,8272
analysis for today 3 / 25 / 2014
EUR/GBP
Resistance : R1 0.8458 R2 0.8483 R3 0.8503 R4 0.8533
Support : S1 0.8314 S2 0.8289 S3 0.8269 S4 0.8239
Open : 0.8385
High : 0.8389
Low : 0.8383
Range : 6 Pips
Running Price : 0.8383
Strategy : BUY at the level 0.8383 stop loss at the level 0.8314 target take profit at the level 0.8503 or at the level 0.8533
EURGBP moves in a strong bullish movement and has touched the resistance level at 0.8388. Now, this pair still moving around that resistance level. Then, if EURGBP can break this resistance level successfully, the bullish movement will continue to the next resistance level at around 0.8428.
This pair EUR / GBP yesterday resumed growth and still managed to break the resistance level 0.8372 and the price at the moment the pair is trading above this level, and on H4 chart Stochastic indicator signals for continued growth and it is possible that the pair will rise to the level of resistance price 0.8405 or higher.
The eur/ gbp moved near in the 50 cycle rebound average rose, at slightly less than 0.8400 resistance points. If you break this barrier, may further upstream, lock the next resistance 0.8460 (R2), overlapping with the withdrawal line in August 1st -2 month 17 days down trend 50%. The only notable is, force index and price trend of negative deviation, indicates that the current rally weakening.
Support: 0.8340 (S1), 0.8300 (S2), 0.8260 (S3).
Resistance: 0.8400 (R1), 0.8460 (R2), 0.8535 (R3)
After the yesterday candle that we see it's nice bull pinbar - of course on EURGBP today it's probably pair on go continue to bulls - the main idea is looking again for buy if buyer success too break up the intraday high at 0.8391.
EUR/GBP analysis for today 3 / 25 / 2014
Resistance 3 0,8513
Resistance 2 0,8483
Resistance 1 0,8463
Pivot Point 0,8385
Support 1 0,8309
Support 2 0,8289
Support 3 0,8259
BUY STOP 0,8463 STOP LOSS 0,8309 TAKE PROFIT 0,8483
SELL STOP 0,8309 STOP LOSS 0,8463 TAKE PROFIT 0,8289
Trade forex pivot point calculations based on today's.
Pair = EURGBP
Date = Tuesday, March.25.2014
Pivot point Result
Resistance 3 = 0.8450
Resistance 2 = 0.8420
Resistance 1 = 0.8403
Pivot point = 0.8373
Support 1 = 0.8356
Support 2 = 0.8326
Support 3 = 0.8309
Market price prediction
if buy at = 0.8343
take profit = 0.8433
stop loss = 0.8313
is sell at = 0.8390
take profit = 0.8339
stop loss = 0.8407