Thread: Eur/Gbp
EURGBP
hellow my dear sir today of my technical analysis is (EURGBP) buy to bullish trend strongly and time frame H1 and H4 moving average my indicator RSI (14) and stochastic oscillator (5,3,3) buy
and daily support or resistance levels for this pairs
up sait strongly
Resistance level 1= 0.8698
Resistance level 2= 0.8678
Resistance level 3= 0.8656
down sait strongly
Supporting level 1= 0.8649
Supporting level 2= 0.8631
Supporting level 3= 0.8622
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Daily analysis of the pair Eur/Gbp
today trend is: buy
Resistance level:
1- Resistance : 0.8647
2- Resistance : 0.8659
3- Resistance :0.8670
Supporting level :
1- Supporting : 0.8625
2- Supporting : 0.8614
3- Supporting : 0.8602
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EURGBP ANALYSIS
Trend is Bullish
Support 0.8617
Support 0.8592
Support 0.8548
Resistance 0.8662
Resistance 0.8681
Resistance 0.8726
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The pair is stable below the support level of the descending minor channel as shown above, and trading as well around the descending main channel, where momentum indicators are positive and forcing upside pressures on the pair. But in general, we expect the downside movement to extend , targeting mainly the support level of the main channel around 0.7975 to confirm the continuity of the downside movement over intraday basis. The level of 0.7975 might remain intact amid the current bearishness, which might trigger an upside journey, targeting the resistance of the descending channel around 0.8360.
Recommendation : Based on the chart and explanations above, our opinion is selling the pair below 0.8065, targeting 0.7975 and 0.7900 and stop loss above 0.8170 might be appropriate
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After breaking the shown downtrend line and as result breaking the bearish channel that has moved on it for a long term , we can expect that the pair will bullishly move up and correct its position , i consider that it will be a bullish channel on the long term so we can buy now and make great profit with target points @ 0.8173 (50.0%) then @ 0.8224 (61.8%) , Good Luck
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Right now the eur/gbp rate 0.8637
Today the suitable selling point will be 0.8598
And today the most suitable buying point is 0.8720
Good luck
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EURGBP buy mai hai aur apky leye suggest krnga k ap further study kary trend ko aur phir trade kary.
Support and resistance level :
| Resistance 1: 0.8653
| Resistance 2: 0.8661
| Resistance 3: 0.8673
| Support 1: 0.8635
| Support 2: 0.8624
| Support 3: 0.8611
Aur hamisha low risk low lot size k sath trading kary.
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EURGBP trend is buy
Support level 1 0.8638
Support level 2 0.8629
Support level 3 0.8624
Resistance level 1 0.8652
Resistance level 2 0.8657
Resistance level 3 0.8666
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caprice (2019-04-16), jellybelly2017 (2019-04-25), Moon22 (2019-04-16), QamarXulqi (2019-04-16), Unregistered (4)
my analysis of the trading pair : Eur/Gbp
So Resistance and Supporting Level is,,,,
pivot point is:0.8633
Resistance Level is:
R1:0.8645
R2:0.8659
R3:0.8670
Supporting Level is:
S1:0.8620
S2:0.8603
s3:0.8590
Over All Trend Is :buy
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zahraali989 (2019-04-16)
EUR/GBP may be considered for the analysis of a predisposition of this pair to continue climbing while pushing off from the latter the nearest minimum at around 0.8332, so the ability to forecast its further movement may be the direction of the price rise. Such an assumption of growth is now corresponds with the position of the toe likely their crossing from the bottom up in the following passage, or even as an indication signal to the northern side.
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.
zahraali989 (2019-04-16), Zeeshan Imdad (2019-04-16)
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