we can see in the 1h chart
the pair will go to down way to the down trend line
i see the pair will go to down way to 0.8482
stochastic refers that the pair will go down
so our target sell from 0.8382 and our target will 100pips
we can see in the 1h chart
the pair will go to down way to the down trend line
i see the pair will go to down way to 0.8482
stochastic refers that the pair will go down
so our target sell from 0.8382 and our target will 100pips
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my analysis of eur/gbp
Resistance and Supporting level today,s*
Today Trend is:bullish*
Resistance level today,s is
First Resistance is: .....0.8780
Second Resistance is: 0.8799
Third Resistance is: ....0.8830
Supporting levels today,s is
First Support is:...... 0.8730
Second Support is: .0.8700
Third Support is:..... 0.8670
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EURGBP Analysis
Expected trend for today: Bullish
Support 0.8714
Support 0.8695
Support 0.8676
Resistance 0.8747
Resistance 0.8764
Resistance 0.8793
Risk Disclaimer: Trading in financial markets and foreign exchange market (Forex) includes the risks and the possibility of loss.
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EUR/GBP is facing resistance near 55-day EMA. If that holds the it will indicate the end of the upward consolidation and that should result in drop towards 0.8315 or more. Even if the resistance of 55-day EMA fails and the pair breaks above the recent 0.8395, a strong resistance is expected in the range of 0.8415 to 0.8425. Our overall outlook stays bearish but we are neutral initially.
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EURGBP M30 Chart Price Action Analysis:
EURGBP is in a triangle now and breakout could give a nice signal in both direction. I am planning a short position if E\G touches the upper trendline, which also confluenced with 50% Fib.
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EURGBP Today Analysis
Market Trend Bullish
Pivot Point 0.8725
S 1 >>>>> 0.8710
S 2 >>>>> 0.8690
S 3 >>>>> 0.8670
R 1 >>>>> 0.8745
R 2 >>>>> 0.8765
R 3 >>>>> 0.8790
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My Analysis today
EURGBP
Market Trend
Bearish
PIVOT 0.8732
S 1 0.8714
S 2 0.8697
S 3 0.8679
R 1 0.8749
R 2 0.8767
R 3 0.8784
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its very hard to beat forex is good business , bhaai jab bhi hum trade lain gy to humain us ka poora ka poora bonus k saath poora ka poora profit mil sakta hy kiun keh jab bhi aap koi business krain gy to aap ko loss aur profit donu he aa sakty hain kiun keh main janta hoon keh forex main zbrdasti nai hy
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.
lal765 (2019-05-17), Moon22 (2019-05-17), QamarXulqi (2019-05-17), SDK (2019-05-17), zahir123 (2019-05-17)
This pair eur/gbp
Technical analysis of today is bullish.
Pivot Point. 0.8735
Current Price. 0.8735
Resistance level
1st. 0.8751
2nd. 0.8773
3rd. 0.8791
Supporting level
1st. 0.8721
2nd. 0.8709
3rd. 0.8703
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.
The British Pound appreciated against the Euro, adding to gains since I pointed out bearish technical and sentiment signals in EUR/GBP. One of these is an Evening Star candlestick formation which formed under near-term resistance at 0.8698 on the chart below.
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.
FA148P (2019-05-17)
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