We reckon a breech above the topside limit which rests with trendline support dating back to May 26th, currently at 0.8750, negates the bearish bias on the trade with such a scenario eyeing topside break-targets at 0.8765 and 0.8780
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We reckon a breech above the topside limit which rests with trendline support dating back to May 26th, currently at 0.8750, negates the bearish bias on the trade with such a scenario eyeing topside break-targets at 0.8765 and 0.8780
Pair is : Eur/Gbp
Today trend is : bearish
today resistance and supporting level with the price of stop lose and take profit
Resistance level is : 0.8916
other resistance is : 0.8951
Supporting level is :08850
Other support is : 0.8819
Set the take profit is:0.8861
Set the stop lose is: 0.8903
Valuable Gold holds above $1,720, Fed in core interest
SINGAPORE, Oct 23 (Reuters) - Gold held above $1,720 an
ounce on Tuesday after interest from diamond setters helped costs
bounce back from a 1-month low in the past session, however
financial specialists were probably going to remain on the sidelines in front of a U.S.
Central bank arrangement meeting.
Essentials
* Gold was to a great extent unaltered at $1,727.94 an ounce at
0014 GMT in the wake of tumbling to a 1-month low around $1,713 on Monday
- a dimension which in the end lighted interest from gem specialists and
examiners in Asia.
* U.S. gold for December was consistent at $1,729.30 an
ounce.
* Even however the Fed is probably going to hold off from new activity
subsequent to reporting at its last gathering it would purchase $40 billion of
contract sponsored bonds multi month until the U.S. work advertise
enhanced, its strategy explanation on Wednesday will in any case be
nearly examined.
* For the best stories on metals and different news, click
, or
Looks like buyers do not want to give up so soon ... a couple fighting off competition from the double top rolled back a bit and then find support at 0.8030, so the forecast for tomorrow .. I think the movement will occur in the range of 0.8030 - 0.8110, and then can be attempts to go even higher. well .. let's see
everyone getting thanked but i,m still stuck on this low level anyone can suggest me that how i can manage to increase my thanks view
I recommend investors to SELL EUR/GBP at a daily closure below the 200-day moving average. Today it is 86.60. I recommend investors to BUY EUR/GBP in case of a breach above 87.75.
Today analysis
eurgbp
Trend buy
Support level 1: 0.8960
Support level 2: 0.8930
Support level 3: 0.8900
Resistance level 1: 0.9020
Resistance level 2: 0.9050
Resistance level 3: 0.9080
my dear sir today of my tachnical analysis is eur gbp sell to bearish
1> Resistance level is: 0.8931
2> Resistance level is: 0.8961
3> Resistance level is: 0.9013
1> Supporting level is: 0.8849
2> Supporting level is: 0.8797
3> Supporting level is: 0.8767
Euro’s intra-day rise to 0.8829 suggests caution on our short position entered at 0.8820 and said resistance needs to hold to retain bearishness for another retreat later The pair maintains stability above the retest resistance level of the breached rising wedge formation at 0.8710, and this is a positive sign that push us to hold onto our positive expectations in general.
This pair is rejected by the strong support level of 0.7995. Today, this pair will rebound from its resistance level at 0.8022. I hope some correction today before its goin to continue its bullish trend. The 1st correction target is at 0.8010. After that, I expect this pair to continue its bullish trend and break the support.