Eur/Gbp

[jhonystatham]

A higher new daily opening of the EURGBP pair than the last day opening is a good sign for the up trend happens today.
Now when you try to analyses the chart that I provide you can first see the main arrow showing a green color below the prices of the current period which is a good way to say that we will face a bullish trend on the current day.
I use the last opening of the market in order to set my take profit levels as the market always retest it and acts like a resistance the price always fail to penetrate then the price of 0.788 is the target for me.
Using a multiple signals before entrying the trades is a must for me then I think I will wait till I can find a confirmation by a blue line of the check indicator and the green signal from the time trader indicator to open the buy orders to make sure I'm still in the bullish direction .

[hatrik]

The location of the blue line is currently taking place above the red line on the momentum cross on the EURGBP chart which is a good buying signal.
On the other hand there is probability for a upward trend to take place based on the blue color appearing on the chart by the Oracle strength indicator.
Adding the bullish trend showed by the Oracle direction indicator to the signals we had from the Oracle direction indicator based on its blue arrows appearing on the chart confirming by that the entry point appearing by the Oracle Strength indicator.
Clearly there is a upward trend taking place on the pair for some time and as long as the indicator keeps giving me the same signals then i do think that the buy orders are the best choice.

[BURHANFX]

analysis for today 12 / 8 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.7877
Retracement (50%) 0.7886
retracement (61,8%) 0.7894

Extensions (61.8%) 0.7806
Extensions (100.0%) 0.7779
Extensions (138.2%) 0.7752
Extensions (161.8%) 0.7735
calculation based on a Fibonacci retracement then today I choose sell

[hmmo]

For today 08/12/2014 on the EURGBP chart the price is above the grey level 0.7886 that considered as support point at MBFX indicator.
In mean while the Vestro indicator is showing a bullish saturation.
I can guess that the price may go up till the next MBFX level at the resistance of the value 0.7908 as first buying target and could reach the second resistance at 0.793 but if the price breaks the level of 0.7872 then the up direction will be cancelled and we should think in selling

[troykilson]

The Blade oscillator is currently below the level of balance at the 0.0011 area and that can be considered a weak bearish trend taking place on the hourly chart of the EURGBP while at the same time the indicator is currently giving us a blue color meaning that a bearish direction is taking place.
as we take a look on the chart we notice that the UP slope of the moving average and also the last top drawn at the location 0.7895 can be used also as really good stop loss level and taking it as sell positions which i do recommend greatly .

[samoo]

We can notice that there is a bullish cross now on the EURGBP chart between the EMAs 9 and 152 which indicates that the price could go north in few hours.
Also if we notice the Histogram indicator we can find that it forms a green line to form a bullish signal by located over the 0 level of the Histogram indicator.
There is another green line is found on checking the Market Emotion indicator that is a good sign to start to rise for higher levels on the EURGBP The slope is moving above the level of 0 as the Guru Angel indicator shows also the green color indicates a bullish direction.
As we can notice the price may go north to reach the next resistance at the next few hours so I recommend a 0.7954 in the next few hours so it is recommended to enter buy orders as the indicators still showing the same signals.

[ralf]

A bearish direction is being formed through the day on the EURGBP pair and that�s when the price starts moving below the wave of the EMA indicators.
And since the RIS indicator�s line is going below the center line of the value of 50 then that means that there�s sell signal taking place.
Combining that with the data gathered from the MACD indicator we can notice that the green lines are heading up informing us that the market is starting to get controlled by the bulls traders in the current period.
Going with the bears would prove to be the best choice after all but that�s of course when the price start gaining strength and get over the EMA waves forming by that a buy signal .

[hatrik]

The location of the blue line is currently taking place above the red line on the momentum cross on the EURGBP chart which is a good buying signal.
On the other hand there is probability for a upward trend to take place based on the blue color appearing on the chart by the Oracle strength indicator.
Adding the bullish trend showed by the Oracle direction indicator to the signals we had from the Oracle direction indicator based on its blue arrows appearing on the chart confirming by that the entry point appearing by the Oracle Strength indicator.
Clearly there is a upward trend taking place on the pair for some time and as long as the indicator keeps giving me the same signals then i do think that the buy orders are the best choice.

[KAUL]

analysis for today 12 / 8 / 2014

EURGBP

Resistance : R1 0.7958 R2 0.7983 R3 0.8003 R4 0.8033
Support : S1 0.7823 S2 0.7798 S3 0.7778 S4 0.7748

Open : 0.7884
High : 0.7898
Low : 0.7883
Range : 0.0015 Pips
Running Price : 0.7892


Strategy : SELL at the level 0.7892 stop loss at the level 0.7958 target take profit at the level 0.7778 or at the level 0.7748

[halloiasan]

On the EURGBP Chart there is a up channel so it is expected from the price to keep moving upward When the price touches the upper edge of donchain channel it is considered as a signal of going down By checking the awesome oscillator there is a green bar above the level of 0 which indicates a buy signal for the current time.
On the stostatic there is a bullish signal by having a buy cross and the lines approaches the 80 th level.
From previous data bullish is most likely to happen then you can target high level of the donchain channel and if you wait to get a confirmation from the awesome oscillator that can raise the chance for good buy trades.