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EURGBP, at today's opening price is moving horizontally. but on opening the market london, direct price moves up to the top of the strong. it spontaneously makes LSMA be pointing up daily, weekly LSMA conditions also be pointing up. but the price is still below the BS band. if price able to pass the BS band, then the price will go to 0.8464. but if it fails then the price will go back towards 0.8407 daily low.
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EURGBP Pair is in a downtrend and is near a support level. More moves down today can be expected to sub 84 level.
I will not be joining the bears here. My strategy here would be to wait for a signal to go on a counter trend move back up.
Patience require here. Today is friday and also Nfp news coming so its better stay side and wait for best opportunity.
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I use technical analysis of currency pairs EURGBP in the market at 11:36 which is the current market position is at 0.8426 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands = BREAK HIGH, MACD = TREND UP, Parabolic SAR = TREND UP, Stochastic = TREND UP,
but it is by looking at the position on the market today gained 0.8428 points pivots, yesterday high at 0.8464 and yesterday low at 0.8402 so support and resistance
R3 : 0.8516
R2 : 0.849
R1 : 0.8454
Pivots : 0.8428
S1 : 0.8392
S2 : 0.8366
S3 : 0.833
of some of the analysis contained in the signal TREND UP at currency pairs EURGBP, so the best step to open position BUY by set take profit at 0.8446 and stop loss at 0.8406. good luck
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Eur/gbp analysis for 09.06.2013 by using pivot indicator.
r3: 0.85051
r2: 0.84842
r1: 0.84488
pivot: 0.84279
s1: 0.83925
s2: 0.83716
s3: 0.83362
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today I am going to open position BUY at market watch 07:02 in currency pairs Eur/Gbp with H1 timeframe and market position at 0.8411,
because if my prediction of several indicators in Cricket Scalper shows there is a BULLISH signal on the Eur/Gbp pairs
and Stoch(5, 3, 3) indicators are in position 25 and shows a BULLISH signal,
so the most appropriate order position is to perform open BUY position by placing a stop loss at 0.8391 and take profit at 0.8431
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The following data is predicted based on indicators that we use for the currency pair EUR/GBP today, for today's support and resistance levels as follows: (R3=0,8506), (R2=0,8485), (R1=0,8449), (Pivots=0,8428), (S1=0,8392), (S2=0,8371), (S3=0,8335)
recommendation:
place your sell stop at 0,8408 target profit at 0,8388 (Seller zones)
place your buy stop at 0,8448 profit target at 0,8468 (buyer zone)
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Eur/gbp analysis :
date : 09.06.13
time : 03:00 GMT
time frame : 15 min
current rate : 0.8415
high : 0.8420
low : 0.8408
net change : 0.02%
overall trend : strongly bearish.
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H1 analysis for 2013.09.06 03:41:55 ,currency EUR/GBP is Bollinger Bands = TREND DOWN, Elliot Wave = TREND DOWN, RSI = TREND DOWN, CCI = TREND DOWN, ADX = TREND DOWN, MACD = TREND UP, Parabolic SAR = TREND DOWN, Stochastic = TREND UP, William Percent = TREND DOWN, Aaron = TREND UP recommendation conclusion of signal TREND DOWN
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analysis of several indicators that I use on eur/gbp currency with M30 and H1 timeframes are in the form of pivots indicator R3=0.8516, R2=0.849, R1=0.8454, Pivots=0.8428, S1=0.8392, S2=0.8366, S3=0.833 indicates the following as well as I use other indicators such as zona trade that displays the zona signal BUY on market position 0.8413 so that the most appropriate step is to conduct an open position BUY with a stop loss of 0.8393 and take profit at 0.8433
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