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I try to make analysis for eurgbp pair today.
I see this pair still in strong bullish movement . If this pair can break the 0.8911 resistance level, I predict this pair will go up to the next resistance level at 0.8961 But if this pair go down and break 0.8861 support level, I predict this pair will make some correction to the next support level at around 0.8811
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 0.8876 and take profit at 0.8961
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
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expect downward move to 0.8970
EURGBP is facing resistance level at 0.9040 and daily downtrend line so reversal is expected soon
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day is among the major support @ 0.8940 and the key of resistance @ 0.9050.
The general over short term basis is to the upside targeting 0.8940 as far as area
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The trading rang for today is among the major support @ 0.8980 and the key of resistance @ 0.9070.
The general over short term basis is to the upside targeting 0.9070 as far as area of 0.9130 .
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once in the prediction of several indicators for the technical analysis of currency pairs EURGBP on the market today are at the 0.8880 pivot then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit at 0.8830 positions. You put a stop loss at 0.8915 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 0.8900
Resistent2 = 0.8915
Resistent3 = 0.8935
Pivot = 0.8880
Support 1 = 0.8865
Support 2 = 0.8810
Support 3 = 0.8830
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk.
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instaforex time: 17:04:08
eurgbp pair still at the pivot point, the number 0.8878
Scalping suggestion: buy if the price is at the pivot point, with resistant target 1 in the number 0.8906 with a target of 20 pips.
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trading rang for today is among the major support @ 0.8940 and the key of resistance @ 0.9050.
The general over short term basis is to the upside targeting 0.8940
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I see the bearish still here. This bearish look supported by the several candle ago of course. Then, the max. bearish = it can be probably touch to near that Low fibo 0.7949, I see. Then, of course the Sell OP here can be nice action with using max. TP before price touch it's low fibo, I see. Look for the All Big MA = truly the bearish trend = yes = still nice strong here, I see
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The trading rang for today is among the major support @ 0.8940 and the key of resistance @ 0.9050.
The general over short term basis is to the upside targeting 0.8940 as far as area of 0.8885 .
I expect downward move to 0.8970
EURGBP is facing resistance level at 0.9040 and daily downtrend line so reversal is expected soon
Good luck everyone
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The trading rang for today is among the major support @ 0.8980 and the key of resistance @ 0.9070.
The general over short term basis is to the upside targeting 0.9070 as far as area of 0.9130 .
the final result, a successful profit position, +15.
trend up is valid, if it happens correction, we wait with pending orders.
in tf d1, green marbles are lined up, indicating the trend up.
