Eur/Gbp

[BURHANFX]

http://prntscr.com/50msib
analysis for today 10 / 28 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.7881
Retracement (50%) 0.7877
retracement (61,8%) 0.7873

Extensions (61.8%) 0.7913
Extensions (100.0%) 0.7925
Extensions (138.2%) 0.7937
Extensions (161.8%) 0.7945
calculation based on a Fibonacci retracement then today I choose buy

[awais123456]

brother yes is pair 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. is this ...

[ng1985]

pair- eur/gbp
analysis time frame- m30



the daily resistance at 0.7892 is rejecting up movement. this is also break the pivot point so down movement to the lower support 0.7865 and expected. at this level its up movement again setup. hold the long entry with take profit at 0.7900 and stop loss at 0.7850
good luck

[ANDRIAS]

http://prntscr.com/50k1em
analysis for today 10 / 28 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 10 / 27 / 2014
OPEN 0.7873
HIGH 0.7893
LOW 0.7861
CLOSED 0.7875

The third resistance (R3) 0.7893 -( 0.7876 - 0.7861 = 0.0015 x 2 = 0.0031 )= 0.7924
The second Resistance (R2) 0.7876 + 0.7893 - 0.7861 = 0.7908
First resistance (R1) 0.7876 x 2 = 1.5753 - 0.7861 = 0.7892
pivot points 0.7893 + 0.7861 + 0.7875 = 2.3629 / 3 = 0.7876
Support for the first (S1) 0.7876 x 2 = 1.5753 - 0.7893 = 0.7860
Support second (S2) 0.7876 -( 0.7893 - 0.7861 = 0.0032 ) = 0.7844
Third Support (S3) 0.7861 -( 0.7893 - 0.7876 = 0.0017 x 2 = 0.0033 )= 0.7828

[troykilson]

by viewing the EURGBP chart of the day we conclude that week bullish trend happened due to the blade oscillator of value 0.0005 located above the balance level of the indicator which shows a blue signal to conclude a week indication that a bullish direction happen on the short run. By the way the moving average 5 on the chart giving us a UP indication then the bottom placed at price 0.7881 can be taken as a stop loss point for the buy orders given by the indicators that we deal with them.

[halloiasan]

As you can see on the EURGBP chart in front of you the price direction is bearish and that is because of the down channel taking place According to the Donchin channel on the chart the Top side of the channel was the last level to be hit by a candle which means that if a trade is to opened now a sell order would be recommended and the low side would be considered as a take profit As for the Awesome oscillator's signs it appears that the trend is going to be bullish one and that is because the Awesome oscillator is giving a green sign below the 0 level Also the stostatic is makes a buy cross near the 80 th level which means a bullish trend will be taking place As a conclusion I recommend a sell order as soon as you get a confirmation from the stostatic and the awesome oscillator targeting the low level of the Donchin cannel

[hatrik]

The moment indicator indicates that there is good buying signal on our pair EURGBP and that�s because of the cross taking place where the blue line�s location is above the red line at the moment The oracle strength indicator on the other hand is could be considered be giving a upwards direction signal according to the blue color shown If we needed more confirmation on the direction then the Oracle direction indicator would do the trick as you can see the blue colors on the arrows could be acting as upward signals.
Now as a conclusion from all the data we acquired up till now I believe that a upward trend would be taking action and that of course if the buy cross was still on the chart buy trades would have the priority as long as the ATR indicator gives buying signals.
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[clark]

According to the position of the price at the moment which is currently in a position upper than the 15 EMA line there is a good chance for a bullish trend to be taking place today on the EURGBP chart.
There is a small chance for the bullish trend to take place according to the signals appearing by the power momentum indicator which is a great tool to filter the buy positions we are about to enter.
As for the power line indicator which is showing a downward direction signal due to its position which is below the 50 level at this moment.
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[maggie]

While monitoring the EURGBP I came to realize that a bearish trend is being formed today on the chart and of course I came to that conclusion because of the red signal performed by the super trend indicator giving me a hint on where the market supposedly would be heading.
The Nolog dot indicator giving us a blue colored dot indicating that a buy signal should be taking place soon.
A week bearish trend is indicated by the signals encouraging us to take sell trades but that of course as soon as the Nonlog indicator changes it�s signal to make another confirmation for this direction.
In order to be safe we should think of the best position to act as our stop loss I believe the resistance located at the price 0.7881 would be the perfect place for that but if this method is not convincing enough then waiting for the super trend�s color to change to green would be a good idea as well since the bearish trend would certainly be over if it met any of those conditions.

[mary]

Obviously in front of us on the EURGBP chart we can clearly see that there is a down 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 below the 35 EMA.
From the looks of it making sell orders would be the wisest decision once a bearish direction is confirmed by the other indicators.
Also there are dots located below the candlesticks from the parabolic sar indicators showing us a 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 sell signal from the MACD indicator as it was moving below the level 0.
So In the end I do think selling would work greatly for me according to what we witnessed up till now unless an opposite bullish signal appears.
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