Thread: Eur/Gbp
eur/gbp ka up trend chal raha hai. aaj i think eur/gbp fall hoga more than 0.8740 . aabhi ka price hai 0.8765. iske baad sayad ye phir upor jayega.
aaj main kuch short trade karunga. 15 min ka chart ke hisab se main ek picture upload kar raha hoon. already kuch short kar kar 1$ kamaya hain maine. age dekhte hain kya hota hain.
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EURGBP is moving near the 0.8163 resistance level. Then, if I see the previous movement, I think the up trend still strong untill now. If EURGBP can break that resistance level, I expect EURGBP will continue going up again and may touches or hits the next resistance level at 0.8197.
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eur gbp pair shown a very good sign of uptrend..
This pair has small resistance at various values like 0.8035m 0.8060, 0.8080 .. but these resistance are not that strong..
I think this pair can be bought from here...do not sell this pair for few more hour
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Simple analysis for EUR / GBP, Tuesday, October 23, 2012
Candle in the time frame 1 H has touched WMA 100, likely the pair will have to first reversal at 0.8146 (pivot) before continuing the bearish trend. AO indicator and MACD still in the area sell, with the first destination to go down is 0.8129 (support 1). Good luck .....
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eur/gbp ka up trend chal raha hai. aaj i think eur/gbp fall hoga more than 0.8740 . aabhi ka price hai 0.8765. iske baad sayad ye phir upor jayega.
aaj main kuch short trade karunga. 15 min ka chart ke hisab se main ek picture upload kar raha hoon. already kuch short kar kar 1$ kamaya hain maine. age dekhte hain kya hota hain.
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.
dear mate i am trying to get market technical over view for EUR/GBP
according to market technical analysis the market have down trend
the market trend is in sell position
expected resistance and support levels
market price ----------0.8823
1- Resistance level----------0.8838
2- Resistance level----------0.8851
3- Resistance level----------0.8861
1- Support level-------------0.8809
2- Support level-------------0.8796
3- Support level-------------0.8785
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.
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Stopping near important resistance at 0.8169, EUR / GBP has broken declining trendline and resistance at 0.8115. Observe the important horizontal resistance at 0.8169. Support per hour at level 0.8108 (intraday low).
An increase of 0.7755 as a countertrend movement in the long-term downtrend. We need to see a break from the strong resistance between 0.8115 (high 09.14.2012)
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I think that after the breakdown of the moving average with a period of 200 to the pair opened the way to the north ... the market today with this pair could show up next ... so I think when you receive a lot of money in the market it will be one of the first to buy ...
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The pair is stable above the support for the main descending channel shown above and the positive effect from momentum indicators continue to push the pair higher. Therefore, we prefer to remain aside for now and observe the closing today between the areas of 0.7965 support and 0.8055 resistance, as those levels will define the next move for the pair.
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move
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