Eur/Gbp

http://prntscr.com/3ouibl
analysis for today 6 / 2 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 5 / 30 / 2014
OPEN 0.8134
HIGH 0.8138
LOW 0.8119
CLOSED 0.8135

The third resistance (R3) 0.8138 -( 0.8131 - 0.8119 = 0.0012 x 2 = 0.0023 )= 0.8161
The second Resistance (R2) 0.8131 + 0.8138 - 0.8119 = 0.8150
First resistance (R1) 0.8131 x 2 = 1.6261 - 0.8119 = 0.8142
pivot points 0.8138 + 0.8119 + 0.8135 = 2.4392 / 3 = 0.8131
Support for the first (S1) 0.8131 x 2 = 1.6261 - 0.8138 = 0.8123
Support second (S2) 0.8131 -( 0.8138 - 0.8119 = 0.0019 ) = 0.8112
Third Support (S3) 0.8119 -( 0.8138 - 0.8131 = 0.0007 x 2 = 0.0015 )= 0.8104

pair- eur/gbp
chart analysis time frame- m30

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

the price is moving in the range of support at 0.8115 and the resistance at 0.8145 level. the stoch indicator is moving down side and the price is at resistance 0.8140 level with making doji pattern. the price may again to the support side. short this with take profit at 0.8125 and stop loss at 0.8150
good luck.

http://prntscr.com/3oype9
analysis for today 6 / 2 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8126
Retracement (50%) 0.8129
retracement (61,8%) 0.8131

Extensions (61.8%) 0.8107
Extensions (100.0%) 0.8100
Extensions (138.2%) 0.8093
Extensions (161.8%) 0.8088
calculation based on a Fibonacci retracement then today I choose sell

http://prntscr.com/3p5v5j
analysis for today 6 / 3 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 6 / 2 / 2014
OPEN 0.8133
HIGH 0.8142
LOW 0.8114
CLOSED 0.8117

The third resistance (R3) 0.8142 -( 0.8124 - 0.8114 = 0.0010 x 2 = 0.0021 )= 0.8163
The second Resistance (R2) 0.8124 + 0.8142 - 0.8114 = 0.8152
First resistance (R1) 0.8124 x 2 = 1.6249 - 0.8114 = 0.8135
pivot points 0.8142 + 0.8114 + 0.8117 = 2.4373 / 3 = 0.8124
Support for the first (S1) 0.8124 x 2 = 1.6249 - 0.8142 = 0.8107
Support second (S2) 0.8124 -( 0.8142 - 0.8114 = 0.0028 ) = 0.8096
Third Support (S3) 0.8114 -( 0.8142 - 0.8124 = 0.0018 x 2 = 0.0035 )= 0.8079

According to the chart structure on the daily TF, the price is moving within a bearish channel and concurrently an Ab=cd is on-sight.
Based on the time being fulfilled we are expecting to see the pair fuels up if the demand increases across the market and having it stabilized around 0.8100. this forecast will be negated if the lower line of the channel broken below abviously.

http://forex-fa14.blogspot.com/

:)


http://pcm-fx.com/pcmupload/uploads/1401777555111.gif

ess pair mein sellers aur buyers ke beech mein kaafi fight chalta hai kyunki ess pair mein main movement gbp/usd ke move par depend hota hai aur fundamental ya technical par ye pair etna depend nahi rehta esliye esme dhyaan se kaam karein..

Quote:

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Originally Posted by fxearner

ess pair mein sellers aur buyers ke beech mein kaafi fight chalta hai kyunki ess pair mein main movement gbp/usd ke move par depend hota hai aur fundamental ya technical par ye pair etna depend nahi rehta esliye esme dhyaan se kaam karein..

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kafi slow movement wala pair hain ye isliye main kabhi slow movement walo ko follow hi nahi karta hu lekin long term ke liye acha pair hain range jayda hota hain aur without SL ke bhi trade kari ja sakti hain

pair- eur/gbp
chart analysis time frame- m30

http://i60.tinypic.com/2ega1vm.jpg

the price has been break its down trend channel pattern to the resistance trend line at 0.8134 level. the stoch indicator is now showing overbought. the price may be rejecting up movement from the resistance at 0.8150 level. short with stop loss at 0.8175

good luck.

http://prntscr.com/3p9qtg
analysis for today 6 / 3 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.8131
Retracement (50%) 0.8128
retracement (61,8%) 0.8125

Extensions (61.8%) 0.8159
Extensions (100.0%) 0.8170
Extensions (138.2%) 0.8181
Extensions (161.8%) 0.8187
calculation based on a Fibonacci retracement then today I choose buy

Quote:

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Originally Posted by fxghost

kafi slow movement wala pair hain ye isliye main kabhi slow movement walo ko follow hi nahi karta hu lekin long term ke liye acha pair hain range jayda hota hain aur without SL ke bhi trade kari ja sakti hain

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sahi kaha apne EG bahut slow movement hota hai par isme ek khasiyat hai isme sabse jyada paise milte hain jaise ki agar aap 1$ ka lot denge to aap ko extra benefit milega aur isme aapko profit mil jaega bhale hi der se hi sahi :peace: