Daily Forecast
Major Trend: Bearish
Time Frame: Daily
Reason: Predicted market will continue downward in the 161.8 Fibonacci targets at 0.6934. While the stochastic shows the pattern of divergence.
Recommendation: Sell
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Daily Forecast
Major Trend: Bearish
Time Frame: Daily
Reason: Predicted market will continue downward in the 161.8 Fibonacci targets at 0.6934. While the stochastic shows the pattern of divergence.
Recommendation: Sell
how meany pip we can collect?
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market yesterday looks more dominant bearish. And the target today, will probably be able to break below 0.7051 if seen from yesterday's market volume.
Recommendation: Sell
pair- eur/gbp
time frame analysis- m15
http://i58.tinypic.com/2lxef11.jpg
the price is making double bottom chart pattern with having support at 0.7055 level and moving up side. this is break the resistance at 0.7090 level but its may again down side from the 0.7100 level. short with take profit at 0.7075
good luck.
pair- eur/gbp
time frame analysis- m15
http://i60.tinypic.com/11c9y8l.jpg
the price is continue up side with breaking the resistance at 0.7110 level and moved to higher resistance at 0.7145 level but the stoch indicator is moving out from the oversold level 20. hold the long entry with stop loss at 0.7100
good luck.
pair- eur/gbp
time frame analysis- m15
http://i59.tinypic.com/j10nyx.jpg
the stoch indicator is moving up side and the price is also break the daily resistance at 0.7186 level. if this is falling down side with breaking support at 0.7180 level. short with profit target at 0.7145 and stop loss at 0.7215
good luck.
Daily Forecast
Major Trend: Bullish
Time Frame: Weekly
Reason: Sunday, closed with a candle which cover 50% of candle body two weeks ago. That is, the market will go up, and the target is in the 0.7392 to retest resistance
Recommendation: Buy
pair- eur/gbp
time frame analysis- m15
http://i61.tinypic.com/2yjq7ow.jpg
the stoch indicator is moving out from the overbought level 80 and the price is making doji pattern at resistance 0.7245 level. if the price moved below the 0.7235 level short with profit target at 0.7190 level and stop loss at 0.7264
good luck.
pair- eur/gbp
time frame analysis- m15
http://i58.tinypic.com/20qhz08.jpg
the price is moving in the channel pattern with having resistance at the 0.7300 level and support at 0.7250 level. the stoch indicator is moving up side so price may break resistance and continue in major trend. long with stop loss at 0.7235
good luck.
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: If the measure of Fibonacci, the highest point is in the 423.6 Fibonacci at 0.7397. However, it is predicted to occur sideways on a pivot point at 0.7319 today
Recommendation: Buy limit at the pivot point.
Spoiler: