The pair has broken the H1 uptrend line and now trying to break the H4 uptrend line, if break, we'd see falling down targeting .8807 and .8764.
Otherwise, the pair will bounce up to .8936 and .8975 again before it continues to bearish.
Good
Luck
The pair has broken the H1 uptrend line and now trying to break the H4 uptrend line, if break, we'd see falling down targeting .8807 and .8764.
Otherwise, the pair will bounce up to .8936 and .8975 again before it continues to bearish.
Good
Luck
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EURGBP WOLFE WAVE BUY PATTERN
BUY ZONE : 0.8594 - 0.8561
TAKE PROFIT ZONE : 0.8647-0.8679
STOP LOSS IF BROKEN THIS POINT : 8507
1 Resistance is : 0.8614
2 Resistance is :0.8630
3 Resistance is : 0.8644
1 Supporting is ;0.8599
2 Supporting is : 0.8571
3 Supporting is : 0.8553
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gale (2019-03-23), khizar1 (2019-03-23), SDK (2019-03-23), zahraali989 (2019-03-23)
EUR/GBP has validated yesterday a return above 0.8650.
The pair is currently testing a pullback on this level as support.
All indicators are now bullish.
We stay neutral on the pair between 0.8650 and 0.87.
We advise to wait an exit of this range to take position:
- Long if 0.87 is broken. The breakout of 0.8750 will give a new buy signal and open the way towards 0.88.
- Short of 0.8650 is broken. The breakout of 0.86 will give a new sell signal and open the way towards 0.8550.
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this is my analysis for EURGBP
hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakdown of the resistance level at 0.8528 and the pair will continue to go down to the next level level at 0.8508
Resistent1 : 0.8575
Resistent2 : 0.8597
Resistent3 : 0.8570
Support 1 : 0.8530
Support 2 : 0.8511
Support 3 : 0.8568
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 0.8533. stop loss at the level 0.8588. target take profit at the level 0.8508
if market movement as my scenario, you can earn good profit and avoid much loss in your trading . keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.
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Daily overview for EurGbp
The price is finding the first support at 0.8530 and the next support is at 0.8511 The price is finding the first resistance at 0.8575 and the next resistance is at 0.8597
“--- Trading recommendations for trading : Open Sell ---“
I predict price will be continued falling today. The first target is the level 0.8517 After fixing below the first target, then price will go to the level of 0.8494 will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
Standart Support – Resistance Level :
Resistent1 : 0.8575
Resistent2 : 0.8597
Resistent3 : 0.8614
Support 1 : 0.8530
Support 2 : 0.8511
Support 3 : 0.8526
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once in the prediction of several indicators for the technical analysis of currency pairs eurgbp on the market today at 0.8588 the resistent level , then I recommend you to do the open position SELL with some criteria such as the following. You put a take profit at 0.8503 positions. You put a stop loss at 0.8587 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down
The following resistance and supporting level of this pairs is as below :
The First Resistent = 0.8588
Second Resistent = 0.8600
Third Resistent = 0.8613
The First Support = 0.8518
Second Support = 0.8505
Third Support = 0.8493
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk. please .. share your analysis, so we can discuss in this forum to maximize our profit
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Eur/gbp ki trend upar ki taraf ja rahi hai mere khayal m agar is purchase kiya jae toh kafi faida hasil ho sakta hai.
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Today technical analysis of Eur/Gbp
Moving Average:sell
Parabolic SAR:sell
Resistance and supporting level is:
Current Price is :0.8556
Resistance level first: 0.8571
Resistance level 2nd : 0.8583
Resistance level 3rd: 0.8592
Supporting level first: 0.8545
Supporting level 2nd: 0.8532
Supporting level 3rd:0.8520
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Eur/Gbp
My trend is: sell
Resistance and supporting level with the best indicators
Trading Best Indicators is,,,,,,,,,,,,
1,Moving average is: sell
2,Oscillators is: sell
Current price is : 0.8593
Resistance level is ,,,,,,
1, Resistance is : 0.8614
2, Resistance is :0.8630
3, Resistance is : 0.8644
Supporting level is,,,,,,,
1, Supporting is ;0.8590
2, Supporting is : 0.8571
3, Supporting is : 0.8550
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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