I think that we can get in short position from the resistance level at 0.7505 with take profit at 0.7402.
Thread: Eur/Gbp
I think that we can get in short position from the resistance level at 0.7505 with take profit at 0.7402.
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analysis for today 1 / 27 / 2015
EURGBP
Resistance : R1 0.7517 R2 0.7542 R3 0.7562 R4 0.7592
Support : S1 0.7381 S2 0.7356 S3 0.7336 S4 0.7306
Open : 0.7451
High : 0.7456
Low : 0.7442
Range : 0.0014 Pips
Running Price : 0.7443
Strategy : BUY at the level 0.7443 stop loss at the level 0.7381 target take profit at the level 0.7562 or at the level 0.7592
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EURGBP is Bullish today
Price is currently testing resistance at 0.7522
As a trading strategy, chances sell at the level 0.7522
with potential targets to the range 0.7542 - 0.7572
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Spoiler:
Daily Forecast
Pair: EUR GBP
Major Trend: Bearish
Time Frame: Daily
Reason: Weekly pivot point at 0.7509 price has successfully moved and the price is still moving downwards. The next prediction, will heading to the weekly price first support at 0.7311 price.
Recommendation: Sell now
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EURGBP price now at 0.8828 and still move between range 0.8788~0.8853, If EURGBP in next movement still not able to going down and breakout 0.8788, EURGBP probably will continue back with an uptrend, and next target may at 0.8920 but price must be able to breakout 0.8853 during uptrend.
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analysis for today 1 / 26 / 2015
EURGBP
Resistance : R1 0.7478 R2 0.7503 R3 0.7523 R4 0.7553
Support : S1 0.7428 S2 0.7403 S3 0.7383 S4 0.7353
Open : 0.7433
High : 0.7503
Low : 0.7403
Range : 0.0100 Pips
Running Price : 0.7484
Strategy : BUY at the level 0.7484
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.
I think that the resistance level at 0.7516 give us a good opportunity to get in short position with take profit at 0.7402.
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.
To day support and resistance date.26/1/2015
Resistance 1:0.7494
Resistance 2:0.7525
Resistance 3:0.7568
Power pivot:0.7450
Support 1:0.7405
Support 2:0.7370
Support 3:0.7330
Sell order:Bhai mary plan ya hai jub market support 1ko touch kry to sell k order lga den or se k tp support 2 ok kr den or stop loss resistance1 ok kr den
Buy order:jub market resistance1 ko touch kry to buy k order lga den or se k tp resistance2 ok kr den or se k stop loss support1 kr den.
Plan 2:sell order: jub market resistance3 ko touch kry sell order ok kr den or stop loss 20 pip kr den.
Buy order:jub market support3 ko touch kry to buy k order ok kr den.
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EURGBP Analysis & Signals 26/01/15
Order BELOW
SELL
Sell at 0.7458
Take Profit at 0.7400
Stop Loss at 0.7461
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.
Daily Forecast
Pairs: EURGBP
Major Trend: Bearish
Time Frame: H1
Reason: There is a gap at the price of 0.7462 which also serves as a support that has not been corrected. Meanwhile, there is a weekly pivot at 0.7509 price.
Recommendation: Sell limit on the price of 0.7462, or 0.7509
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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