Eur/Gbp

Daily analysis for EURGBP
EURGBP elongated flat correction down 0.8182, close to daily pivot point 0.8229

Elliott 0.8310
Closing 0.8225
Ex-Low 0.8215
Ex-High 0.8247

Support 1 0.8212
Support 2 0.8198
Resistance 1 0.8243
Resistance 2 0.8260

:yahoo:

It’s quite interesting that the lines at H4 chart of EUR GBP are the same as the lines at H4 chart of AUD USD. Earlier pair rebounded from the 4/8 level and started new descending movement. Target for the next several hours is at the 0/8 level.

http://www14.0zz0.com/2014/04/18/09/185055305.png

At H1 chart, price is trying to stay below the 3/8 level. If it succeeds, pair will continue falling down towards the 0/8 level. If later market rebounds from it, pair may start more serious correction.

http://www14.0zz0.com/2014/04/18/09/837945765.png

Daily analysis for EURGBP 18-04-2014
EURGBP looks set to visit further lower territory down to around 0.8220 - 0.8211. Its corrective attempts should fail ahead of 0.8236 or 0.8243. Stop loss above 0.8261 zone.

Key Point 0.8221
Entry Point 0.8226
Trendline 1 0.8244
Trendline 2 0.8234

Support 1 0.8211
Support 2 0.8197
Resistance 1 0.8243
Resistance 2 0.8261

The pair EUR / GBP again yesterday there was a slight rise, but rise to the level of 0.8237 the pair failed and dropped, and Stochastic on H1 chart continues to signal the growth and therefore it is possible that the pair on Monday will rise to price 0.8250.

Weekly analysis for EURGBP
EURGBP flat correction down 0.8176, No Pivot Points have been reached.

Elliott 0.8400
Closing 0.8226
Ex-Low 0.8215
Ex-High 0.8284

Support 1 0.8199
Support 2 0.8172
Resistance 1 0.8269
Resistance 2 0.8311

;)

weekly analysis for EURGBP 21-25 apr 2014
It might hold above 0.8220 or 0.8199 for a rise towards above 0.8269. Stop loss below 0.8172 zone.

Key Point 0.8206
Entry Point 0.8237
Trendline 1 0.8271
Trendline 2 0.8248

Support 1 0.8198
Support 2 0.8173
Resistance 1 0.8268
Resistance 2 0.8310
:yahoo:

analysis for today 4 / 21 / 2014

EUR/GBP

Resistance : R1 0.8295 R2 0.8320 R3 0.8340 R4 0.8370
Support : S1 0.8154 S2 0.8129 S3 0.8109 S4 0.8079

Open : 0.8226
High : 0.8229
Low : 0.8220
Range : 9 Pips
Running Price : 0.8221

Strategy : BUY at the level 0.8221 stop loss at the level 0.8154 target take profit at the level 0.8340 or at the level 0.8370

EURGBP didn't move in a significant movement on the last Friday and as the result, we can see on daily time frame the previous candle just an inside bar candle. If EURGBP can rise and break the last Friday's low level, this pair may falls to the support level at 0.8200. But if EURGBP can rise and break the last Friday's high level, EURGBP may reaches 0.8252 resistance level.

daily analysis for EURGBP 21-04-2014
EURGBP preferred outlook is for a drift down to below 0.8214. Resistances are at 0.8226 and 0.8229. A rise above 0.8232 would delay but not abort this expected fall.

Key Point 0.8221
Entry Point 0.8222
Trendline 1 0.8229
Trendline 2 0.8230

Support 1 0.8222
Support 2 0.8216
Resistance 1 0.8237
Resistance 2 0.8246
:)))

Daily Analysis foe EUR/GBP
EUR/GBP elongated flat correction down 0.8182, lower, new daily low close to first daily support (0.822).
Elliott 0.8310
Closing 0.8226
Ex-Low 0.8223
Ex-High 0.8238

Support 1 0.8220
Support 2 0.8214
Resistance 1 0.8235
Resistance 2 0.8245