Eur/Gbp

According to price position which is below the EMA indicator on the USDCHF chart I believe it will be taking a bearish direction throughout the day.
A sell signal is indicated by the RSI indicator according to the line which is currently below the center line of 35.
Using the MACD indicator we can see that the green lines are heading down which means that the market bears are the ones in control in the current period.
As a result to that I do believe that choosing the bears for the current day would be the best choice but that of course until we get an opposite buy signal via the EMA indicator when the price gets over the wave.
http://bigimage.cz/photos/20010108978911581111896.gif .

Daily forecast: EURGBP 27 Oct. 2014.

Technical analysis for Daily forecast of EURGBP 27 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 0.79325.

Pivot: 0.78807

Resistance levels

R1 0.78917
R2 0.79105
R3 0.79215
R4 0.79325

Support levels

S1 0.78619
S2 0.78509
S3 0.78321
S4 0.78133
Attachment 12026

While monitoring the EURGBP I came to realize that a bullish trend is being formed today on the chart and of course I came to that conclusion because of the green signal performed by the super trend indicator giving me a hint on where the market supposedly would be heading.
The Nolog dot indicator giving us a blue colored dot indicating that a buy signal should be taking place soon.
A week bullish trend is indicated by the signals encouraging us to take buy trades but that of course as soon as the Nonlog indicator changes it’s signal to make another confirmation for this direction.
In order to be safe we should think of the best position to act as our stop loss I believe the support located at the price 0.788 would be the perfect place for that but if this method is not convincing enough then waiting for the super trend’s color to change to red would be a good idea as well since the bullish trend would certainly be over if it met any of those conditions.
7

As a result of the green arrow that we are seeing at the moment on the EURGBP chart we conclude that a bullish trend would be taking place now on the top of that the bottom located at the price 0.787 which is a strong support at the moment and the price shouldn’t be able to go below it if the bullish trend stayed strong.
A up direction is to be taking place because of the parabolic sar’s dots which are located below the candles.
And for a take profit the price level 0.79 would be perfect since it's a resistance when we are selling because there might be a good chance for the price to start hitting south after hitting it.
http://bigimage.cz/photos/20010101978308771139417.gif .

As you can see on the EURGBP chart in front of you the price direction is bearish and that is because of the down 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 bullish one and that is because the Awesome oscillator is giving a green sign above the 0 level Also the stostatic is makes a sell cross near the 80 th level which means a bearish 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/20010108978941545110166.gif

According to the position of the price at the moment which is currently in a position lower than the 15 EMA line there is a good chance for a bearish trend to be taking place today on the EURGBP chart.
There is a big chance for the bearish trend to take place according to the signals appearing by the power momentum indicator which is a great tool to filter the sell positions we are about to enter.
As for the power line indicator which is showing a downward direction signal due to its position which is below the 50 level at this moment.
http://bigimage.cz/photos/20010108978945331180690.gif .

The moment indicator indicates that there is good buying signal on our pair EURGBP and that’s because of the cross taking place where the blue line’s location is above the red line at the moment The oracle strength indicator on the other hand is could be considered be giving a upwards direction signal according to the yellow color shown If we needed more confirmation on the direction then the Oracle direction indicator would do the trick as you can see the blue colors on the arrows could be acting as upward signals.
Now as a conclusion from all the data we acquired up till now I believe that a upward trend would be taking action and that of course if the buy cross was still on the chart buy trades would have the priority as long as the ATR indicator gives buying signals.
http://bigimage.cz/photos/20010108978947112132148.gif .

We must wait until the price break the upper or lower redtrendline decree below, than we can get in long or short position.
http://i.imgur.com/zgWqeMx.png

http://www8.0zz0.com/2014/10/27/23/819828483.png




cci(14) : -68.319

bulls (13) : -0.000

i see the in pair down trend

so i will sell from : 0.7876

and my target today is : 0.7676

good luck

the red dots appearing above the candle bars indicates that the price today is going to be heading downward depending on the price’s position we are going to determine where the price would be heading so if the price remained in its position lower than 0.792 which act as a strong resistance at this moment also it happens to be a weekly pivot point at the same time then I do believe that the price would be heading south only till it meets the next weekly pivot support at 0.7849 .
But what if blue dots appeared indicating bullish trades and the price bypassed the resistance 0.792 and headed for the opposite direction then I do believe that the price in this condition would be heading north until it reaches the price 0.7966 which is the next resistance and the next pivot level of the week.
http://bigimage.cz/photos/20010109979000279195033.gif .