Eur/Gbp

According to what I am seeing today 5/18/2014 at the moment on the pair EURGBP chart considering that the overall direction is Down I would assume that the price 0.8151 would be the strongest resistance level at the moment and of course if the price bounced from it then it's the best place to sell from but on the other hand if it got broken then buying would be a better option also the strongest support would be at the price 0.8139 where the range would be the strongest until it's broken , then it's the perfect place to sell from. .
Attachment 10995

Analysis of EURGBP the trend was Down last day, the main support points was at 0.8134 and 0.8125 while the main resistance points is located at 0.8152 and 0.8161 so you can buy at any support or sell just at any resistance according to your own favorite trend direction. .
Attachment 11010

analysis for today 5 / 19 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 5 / 16 / 2014
OPEN 0.8163
HIGH 0.8170
LOW 0.8139
CLOSED 0.8143

The third resistance (R3) 0.8170 -( 0.8151 - 0.8139 = 0.0012 x 2 = 0.0023 )= 0.8193
The second Resistance (R2) 0.8151 + 0.8170 - 0.8139 = 0.8182
First resistance (R1) 0.8151 x 2 = 1.6301 - 0.8139 = 0.8162
pivot points 0.8170 + 0.8139 + 0.8143 = 2.4452 / 3 = 0.8151
Support for the first (S1) 0.8151 x 2 = 1.6301 - 0.8170 = 0.8131
Support second (S2) 0.8151 -( 0.8170 - 0.8139 = 0.0031 ) = 0.8120
Third Support (S3) 0.8139 -( 0.8170 - 0.8151 = 0.0019 x 2 = 0.0039 )= 0.8100

Daily technical analysis for EURGBP 19/05/2014
EURGBP looks set to visit further lower territory down to around 0.8132. Its corrective attempts should fail ahead of 0.8164. Stop loss above 0.8184 zone.

Key Point 0.8142
Entry Point 0.8155
Trendline 1 0.8174
Trendline 2 0.8161

Support 1 0.8132 Support 2 0.8120
Resistance 1 0.8164 Resistance 2 0.8184

EURGBP moves sideways as BB band narrowing. But we can see that heiken ashi and zero trend are still sign bearish. And with this condition, I think the pair will still possible to go down towards null target at 0.81340 or lower to the reverse line at 0.81196

Daily analysis for EURGBP
EURGBP elongated flat correction down 0.8098, close to daily pivot point 0.8152

Elliott 0.8184
Closing 0.8145
Ex-Low 0.8140
Ex-High 0.8172

Support 1 0.8133
Support 2 0.8121
Resistance 1 0.8165
Resistance 2 0.8185

analysis for today 5 / 19 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8151
Retracement (50%) 0.8155
retracement (61,8%) 0.8158

Extensions (61.8%) 0.8120
Extensions (100.0%) 0.8108
Extensions (138.2%) 0.8096
Extensions (161.8%) 0.8089
calculation based on a Fibonacci retracement then today I choose sell

EURGBP I have predicted that there is a signal SELL in the time frame H1.I suggest to perform the requisite order SELL to
Take Profit 0.827 and Stop Loss 0.833
a target is likely to move by 50 pips

pair- eur/gbp
chart analysis time frame- m30

http://i57.tinypic.com/2rcnyu8.jpg

the up movement of the price is rejecting from the fibo resistance level 50.00 at the price 0.8155. the stoch indicator is also at the 80 level and showing overbought. the price down movement can expected. short with the take profit at 0.8125 and stop loss at the 0.8160
good luck.

Daily technical analysis for EURGBP 20/05/2014
EURGBP may attempt a test higher to 0.8156 - 0.8161 after which weakness may set it to a drift down to below 0.8143 limit.

Key Point 0.8157
Entry Point 0.8151
Trendline 1 0.8159
Trendline 2 0.8145

Support 1 0.8143 Support 2 0.8133
Resistance 10.8161 Resistance 2 0.8169