Pair: EURGBP
Current price: 0.9000
Resistance level 1 0.8987
Resistance level 2 0.8963
Resistance level 3 0.8946
Support level 1 0.9011
Support level 2 0.9030
Support level 3 0.9045
Pair: EURGBP
Current price: 0.9000
Resistance level 1 0.8987
Resistance level 2 0.8963
Resistance level 3 0.8946
Support level 1 0.9011
Support level 2 0.9030
Support level 3 0.9045
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the possibility of rebound from 0.8338 short term bottom extended higher and intraday bias remains on the upside for 0.8387 resistance. Break will affirm the case of near term reversal and turn bullish for a test on 0.8409 resistance. Below 0.8371 will delay the bearish case and bring another decline later we'd expect strong support above 0.8378 support brings soar.
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PRECIOUS-Gold holds above $1,720, Fed in focus
SINGAPORE, Oct 23 (Reuters) - Gold held above $1,720 an
ounce on Tuesday after demand from jewellers helped prices
rebound from a 1-month low in the previous session, but
investors were likely to stay on the sidelines ahead of a U.S.
Federal Reserve policy meeting.
FUNDAMENTALS
* Gold was largely unchanged at $1,727.94 an ounce at
0014 GMT after falling to a 1-month low around $1,713 on Monday
-- a level which eventually ignited demand from jewellers and
speculators in Asia.
* U.S. gold for December was steady at $1,729.30 an
ounce.
* Even though the Fed is likely to hold off from new action
after announcing at its last meeting it would buy $40 billion of
mortgage-backed bonds a month until the U.S. job market
improved, its policy statement on Wednesday will still be
closely scrutinised.
* For the top stories on metals and other news, click
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Daily trend signals analyzer FA148P for Eur/Gbp
I understand all the signals and analysis from FiboPiv-2. It always enables me to understand the trend of the current market .so after the great efforts to understand market support and residence .I make the recommendation.
Support and Resistance:
Resistent3: 0. 9050
Resistent2: 0. 9026
Resistent1: 0.9011
Pivot level: 0.8987
Support 1: 0.8963
Support 2: 0.8948
Support 3: 0.8924
Trading recommendation is… ( buy )
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I use technical analysis of currency pairs EURGBP in the market at 02:49 which is the current market position is at 0.8435 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands = Up Trend, MACD = Down Trend, Parabolic SAR = Oversold, Stochastic = Break High,
but it is by looking at the position on the market today gained 0.8418 points pivots, yesterday high at 0.8446 and yesterday low at 0.8377 so support and resistance
R3 : 0.8528
R2 : 0.8487
R1 : 0.8459
Pivots : 0.8418
S1 : 0.839
S2 : 0.8349
S3 : 0.8321
of some of the analysis contained in the signal TREND UP at currency pairs EURGBP, so the best step to open position SELL by set take profit at 0.8405 and stop loss at 0.8465. good luck
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EURGBP
Support levels
S3 = 0.8937
S2 = 0.8955
S1 = 0.8972
Pivot level 0.8980
Resistance levels
R1 = 0.8997
R2 = 0.9018
R3 = 0.9034
(SELL)
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EUR/GBP market technical analysis
- current price of the pair is 0.8980
- market have bearish trend but could move up and good for buy entry
- market resistance and support levels
Resistance levels
R1 0.8996
R2 0.9011
R3 0.9022
Support levels
S1 0.8965
S2 0.8952
S3 0.8940
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hi h ru .. today high low and my opinion
Prev. Close: 0.8324
Bid/Ask: 0.8297 / 0.8304
Day's Range: 0.8298 - 0.8345
looking at the data gbp is just a lot stronger right now than the euro. plus they are moving in opposite directions in terms of monetary policy. euro is still in the easing phase while gb is talking about raising rates. i see a target as low as .7450 based off of the monthly charts.
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Daily updates for the pair --- Eur/Gbp
this pair always gives me a good profit on every trade .today its move is much better than previous .The money management of the trading trend is very effective for getting profits with the stop loss and take profits method of getting with current trade position.
Today Trend for this pair is : buy
overall up movement; 0.8987
over all Down movement : 0.8966
running point of today market; 0.8972
My judgments always make me to control the forex market movement. But please you always put a take loss in your trade for reduce your risk. Best of Luck
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Intraday bias in EUR/GBP remains on the downside for the moment. As noted before, the break of 0.8410 indicates that whole decline from 0.8806 has resumed. Further decline would be seen to 50% retracement of 0.7755 to 0.8806 at 0.8281. But overall, such decline is viewed as a correction only and might complete around there. On the upside, above 0.8503 is needed to signal short term bottoming or outlook will stay bearish.
In the bigger picture, medium term rebound from 0.7755 lost much momentum after hitting 0.8806 and the break of 0.8446 support raised the chance of reversal. But overall, we're still preferring the case that correction from 0.9799 has completed with three waves down to 0.7755 already and expect another rise to 0.9083 key resistance level. However, break of 0.8164 cluster support (61.8% retracement of 0.7755 to 0.8806 at 0.8156) will invalidate this view and turn medium term outlook bearish for 0.7755 low.
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