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Thread: Eur/Gbp

  1. #6790
    Senior Member aliali1 is on a distinguished road aliali1's Avatar
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    The red arrow in front of us is a really good signal for the bearish bearish trend taking place now on the EURGBP chart at that particular moment which is supported by the price 0.7925 which is considered as a top and at the same time considered as a strong resistance in which the price shouldnt go above it while the bearish trend is still in control.
    The parabolic sar dots is currently located below the candles meaning that the price might be heading up for a while.
    The price located at 0.7565 would be the ideal place to claim profit since its strong support and because after hitting it there is s possibility that it might start heading north instead.

    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.


  2. #6789
    Banned BURHANFX will become famous soon enough BURHANFX will become famous soon enough BURHANFX's Avatar
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    analysis for today 12 / 5 / 2014
    EUR/GBP (Daily Trade)
    I think the movement is still in a bullish trend
    retracement (38.2%) 0.7890
    Retracement (50%) 0.7880
    retracement (61,8%) 0.7870

    Extensions (61.8%) 0.7972
    Extensions (100.0%) 0.8003
    Extensions (138.2%) 0.8034
    Extensions (161.8%) 0.8054
    calculation based on a Fibonacci retracement then today I choose buy

    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.


  3. #6788
    Senior Member KAUL has a spectacular aura about KAUL has a spectacular aura about KAUL's Avatar
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    analysis for today 12 / 5 / 2014

    EURGBP

    Resistance : R1 0.7969 R2 0.7994 R3 0.8014 R4 0.8044
    Support : S1 0.7846 S2 0.7821 S3 0.7801 S4 0.7771

    Open : 0.7897
    High : 0.7921
    Low : 0.7894
    Range : 0.0027 Pips
    Running Price : 0.7913

    Strategy : BUY at the level 0.7913 stop loss at the level 0.7846 target take profit at the level 0.8014 or at the level 0.8044

    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.


  4. #6787
    Banned samoo is on a distinguished road samoo's Avatar
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    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 0.7973 in the next few hours so it is recommended to enter buy orders as the indicators still showing the same signals.

    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.


  5. #6786
    Senior Member troykilson is on a distinguished road troykilson's Avatar
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    The Blade oscillator is currently above the level of balance at the 0.0008 area and that can be considered a strong bullish 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 bullish 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 bottom drawn at the location 0.7914 can be used also as really good stop loss level and taking it as buy positions which i do recommend greatly .

    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.


  6. #6785
    Senior Member osos is on a distinguished road osos's Avatar
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    Obviously in front of us on the EURGBP chart we can clearly see that there is a up trend taking place as we speak and from its looks of it seems to be a main trend of course that was confirmed when the 6 and 5 EMAs were located Above trend taking place as we speak and from its looks of it seems to be a main trend of course that was confirmed when the 6 and 5 EMAs were located buy orders would be the wisest decision once a bullish direction is confirmed by the other indicators .
    Also there are dots located below the candlesticks from the parabolic sar indicators showing us upward direction adding to that the upward signal formed by the cci line when it got located at the higher level .
    Also to be sure we get a buy signal from the MACD indicator as it was moving above the level 0 .
    So In the end I do think buying would work greatly for me according to what we witnessed down till now unless an opposite bearish signal appears .

    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.


  7. #6784
    Senior Member aliali1 is on a distinguished road aliali1's Avatar
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    The green arrow in front of us is a really good signal for the bullish bearish trend taking place now on the EURGBP chart at that particular moment which is supported by the price 0.7845 which is considered as a bottom and at the same time considered as a strong support in which the price shouldnt go below it while the bullish trend is still in control.
    The parabolic sar dots is currently located below the candles meaning that the price might be heading up for a while.
    The price located at 0.7925 would be the ideal place to claim profit since its strong resistance and because after hitting it there is s possibility that it might start heading south instead.

    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.


  8. #6783
    Senior Member ralf is on a distinguished road ralf's Avatar
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    A bullish direction is being formed through the day on the EURGBP pair and thats when the price starts moving above the wave of the EMA indicators.
    And since the RIS indicators line is going above the center line of the value of 50 then that means that theres buy 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 bulls would prove to be the best choice after all but thats of course when the price start gaining strength and get under the EMA waves forming by that a sell signal .

    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.


  9. #6782
    Senior Member hatrik is on a distinguished road hatrik's Avatar
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    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 bearish trend showed by the Oracle direction indicator to the signals we had from the Oracle direction indicator based on its red 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.

    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.


  10. #6781
    Banned halloiasan is on a distinguished road halloiasan's Avatar
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    On the EURGBP Chart there is a down channel so it is expected from the price to keep moving downward 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 red bar above the level of 0 which indicates a sell 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 bearish is most likely to happen then you can target low level of the donchain channel and if you wait to get a confirmation from the awesome oscillator that can raise the chance for good sell trades.

    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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