Printable View
Daily Forecast
Pairs: EURGBP
Major Trend: Bullish
Time Frame: H1
Reason: It is predicted that the market will still be a correction at 0.7263, due to today's opening above the pivot point at 0.7217. Furthermore, the new market will go down.
Recommendation: Buy with a target of 0.7263, or Sell limit there.
March 20, 2015 update:
The price of the pair moves starting wave (0.7293) It is noted that the limits of the line the main direction drawn to this wave along the between-level (0.7260) and (0.7276 It is worth mentioning that the current wave goal access to the area (0.7176) and with respect to trades that day will be watching the movement Price among level (0.7230) and level (0.7251) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (0.7154) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (0.7276) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (0.7159) - the second support (0.7095) - First resistance (0.7281) - second resistance (0.7340).
eurgbp
on 4 hour timeframe we have good signal to sell this pair and our first target must be 0.7150
Below the data of support & ressistance today:
pivot point: 0.8018
r1: 0.7251
r2: 0.7263
r3: 0.7251
s1: 0.7211
s2: 0.7186
s3: 0.7162
Hello to all members of the india Forum thank you very much on the subject I have benefited a lot from him at the moment I am a novice, I can not inform you that I hope that I can remember in the future and do not be stingy with even the word and thank you
March 23, 2015 update:
The price of the pair moves starting wave (0.7293) It is noted that the limits of the line the main direction drawn to this wave along the between-level (0.7252) and (0.7260 It is worth mentioning that the current wave goal access to the area (0.7220) and with respect to trades that day will be watching the movement Price among level (0.7244) and level (0.7251) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (0.7222) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (0.7266) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (0.7224) - the second support (0.7201) - First resistance (0.7267) - second resistance (0.7288).
Daily Forecast
Pairs: EURGBP
Major Trend: Bullish
Time Frame: H1
Reason: It is predicted that the market will be a correction at 0.7286, considering there is resistance. After that the market is still going to continue to break 0.7325
Recommendation: Buy limit at 0.7286
March 24, 2015 update:
The price of the pair moves starting wave (0.7154) It is noted that the limits of the line the main direction drawn to this wave along the between-level (0.7265) and (0.7261 It is worth mentioning that the current wave goal access to the area (0.7378) and with respect to trades that day will be watching the movement Price among level (0.7357) and level (0.7296) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (0.7228) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (0.7331) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (0.7254) - the second support (0.7189) - First resistance (0.7357) - second resistance (0.7396).
pair- eur/gbp
time frame to analysis- m30
http://i58.tinypic.com/2zingi8.jpg
the price is continue in the up trend side and the stoch indicator is showing overbought. at the resistance level 0.7370 a correction can expected. short with take profit at the 0.7295 and stop loss at the 0.7400
good luck
Daily Forecast
Pairs: EURGBP
Major Trend: Bullish
Time Frame: H1
Reason: Market still correction in line at 0.7356 fibo 100. Henceforth, is predicted to lead to Fibo 161.8 or, at 0.7395
Recommendation: Buy
Spoiler: