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http://prntscr.com/4skfdx
analysis for today 10 / 3 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 10 / 2 / 2014
OPEN 0.7797
HIGH 0.7856
LOW 0.7789
CLOSED 0.7845
The third resistance (R3) 0.7856 -( 0.7830 - 0.7789 = 0.0041 x 2 = 0.0082 )= 0.7938
The second Resistance (R2) 0.7830 + 0.7856 - 0.7789 = 0.7897
First resistance (R1) 0.7830 x 2 = 1.5660 - 0.7789 = 0.7871
pivot points 0.7856 + 0.7789 + 0.7845 = 2.3490 / 3 = 0.7830
Support for the first (S1) 0.7830 x 2 = 1.5660 - 0.7856 = 0.7804
Support second (S2) 0.7830 -( 0.7856 - 0.7789 = 0.0067 ) = 0.7763
Third Support (S3) 0.7789 -( 0.7856 - 0.7830 = 0.0026 x 2 = 0.0052 )= 0.7737
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1 Attachment(s)
Daily forecast: EURGBP 03 Oct. 2014.
Trading analysis for Daily forecast of EURGBP 03 October, 2014. In Daily chart EURGBP is flat. At present EURGBP on the pivot point. It is important to break support or resistance level to identify the trend.
Pivot: 0.78298
Resistance levels
R1 0.78707
R2 0.78968
R3 0.79377
R4 0.79785
Support levels
S1 0.78037
S2 0.77628
S3 0.77367
S4 0.77105
Attachment 11815
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pair-eur/gbp
analysis time frame- m30
http://i62.tinypic.com/aooz09.jpg
the price is making double top chart pattern at the resistance 0.7855 level and nick line of the support at 0.7835 level. this is break the support but not able to move continue down and moving up. long with take profit at 0.7870 and stop loss at 0.7810
good luck
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http://prntscr.com/4tha13
analysis for today 10 / 6 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 10 / 3 / 2014
OPEN 0.7845
HIGH 0.7860
LOW 0.7820
CLOSED 0.7835
The third resistance (R3) 0.7860 -( 0.7838 - 0.7820 = 0.0018 x 2 = 0.0037 )= 0.7897
The second Resistance (R2) 0.7838 + 0.7860 - 0.7820 = 0.7878
First resistance (R1) 0.7838 x 2 = 1.5677 - 0.7820 = 0.7857
pivot points 0.7860 + 0.7820 + 0.7835 = 2.3515 / 3 = 0.7838
Support for the first (S1) 0.7838 x 2 = 1.5677 - 0.7860 = 0.7817
Support second (S2) 0.7838 -( 0.7860 - 0.7820 = 0.0040 ) = 0.7798
Third Support (S3) 0.7820 -( 0.7860 - 0.7838 = 0.0022 x 2 = 0.0043 )= 0.7777
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1 Attachment(s)
Daily forecast: EURGBP 06 Oct. 2014.
Trading analysis for Daily forecast of EURGBP 06 October, 2014. In Daily chart EURGBP shows bullish trend. At present EURGBP above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 0.79128.
Pivot: 0.78375
Resistance levels
R1 0.78553
R2 0.78772
R3 0.78950
R4 0.79128
Support levels
S1 0.78156
S2 0.77978
S3 0.77759
S4 0.77540
Attachment 11829
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http://prntscr.com/4ttk8a
analysis for today 10 / 7 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 10 / 6 / 2014
OPEN 0.7839
HIGH 0.7872
LOW 0.7827
CLOSED 0.7867
The third resistance (R3) 0.7872 -( 0.7855 - 0.7827 = 0.0028 x 2 = 0.0057 )= 0.7929
The second Resistance (R2) 0.7855 + 0.7872 - 0.7827 = 0.7900
First resistance (R1) 0.7855 x 2 = 1.5711 - 0.7827 = 0.7884
pivot points 0.7872 + 0.7827 + 0.7867 = 2.3566 / 3 = 0.7855
Support for the first (S1) 0.7855 x 2 = 1.5711 - 0.7872 = 0.7839
Support second (S2) 0.7855 -( 0.7872 - 0.7827 = 0.0045 ) = 0.7810
Third Support (S3) 0.7827 -( 0.7872 - 0.7855 = 0.0017 x 2 = 0.0033 )= 0.7794
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http://prntscr.com/4tx02g
analysis for today 10 / 7 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.7855
Retracement (50%) 0.7850
retracement (61,8%) 0.7844
Extensions (61.8%) 0.7900
Extensions (100.0%) 0.7917
Extensions (138.2%) 0.7934
Extensions (161.8%) 0.7945
calculation based on a Fibonacci retracement then today I choose buy
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As you can see on the EURGBP chart in front of you the price direction is bullish and that is because of the up channel taking place According to the Donchin channel on the chart the Top side of the channel was the last level to be hit by a candle which means that if a trade is to opened now a sell order would be recommended and the low side would be considered as a take profit As for the Awesome oscillator's signs it appears that the trend is going to be bearish one and that is because the Awesome oscillator is giving a red sign above the 0 level Also the stostatic is makes a buy cross near the 80 th level which means a bullish trend will be taking place As a conclusion I recommend a sell order as soon as you get a confirmation from the stostatic and the awesome oscillator targeting the low level of the Donchin cannel http://bigimage.cz/photos/20141008141273316396858.gif
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pair-eur/gbp
analysis time frame- m30
http://i58.tinypic.com/2qsmn2o.jpg
the stoch indicator is moving up side and giving up movement signal but in the price chart its at the strong resistance 0.7870 level that may be not break and price will again down side. if this is move below the 0.7859 then short with profit target at 0.7820 and stop loss at the 0.7890
good luck
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http://prntscr.com/4u37du
analysis for today 10 / 8 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 10 / 7 / 2014
OPEN 0.7866
HIGH 0.7872
LOW 0.7837
CLOSED 0.7869
The third resistance (R3) 0.7872 -( 0.7859 - 0.7837 = 0.0022 x 2 = 0.0045 )= 0.7917
The second Resistance (R2) 0.7859 + 0.7872 - 0.7837 = 0.7894
First resistance (R1) 0.7859 x 2 = 1.5719 - 0.7837 = 0.7882
pivot points 0.7872 + 0.7837 + 0.7869 = 2.3578 / 3 = 0.7859
Support for the first (S1) 0.7859 x 2 = 1.5719 - 0.7872 = 0.7847
Support second (S2) 0.7859 -( 0.7872 - 0.7837 = 0.0035 ) = 0.7824
Third Support (S3) 0.7837 -( 0.7872 - 0.7859 = 0.0013 x 2 = 0.0025 )= 0.7812