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the H1 time frame charts on currency pairs eur/gbp
such as the support resistance on
R3 = 0.8713
R2 = 0.8681
R1 = 0.8634
Pivots = 0.8602
S1 = 0.8555
S2 = 0.8523
S3 = 0.8476
with today's market position is at point 0.8541
then I strongly recomended you to the open position BUY
consideration for stop loss at 0.8521 and take profit at 0.8561 Good luck all
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today i like to buy this pair @ 0.8536
my stop loss of the day @ 0.8516
half take profit for today @ 0.8551
and further half take profit @ 0.8568
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Eur/gbp technical analysis
date : 08.29.2013
time : 12:45 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 35.18
2) MACD (26,12,9)
value: 0.0005
3) ADX (14)
value: 27.76
4)CCI(14)
value: -89.14
overall trend - slightly bearish.
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according to my experience 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...........
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.
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.
on currency pairs EURGBP I have predicted that there is a signal BUY in the time frame H1
because I was referring to the indicator fibbonaci and pivot indicator to see support and resistance at R3=0.8715, R2=0.8683, R1=0.8636, Pivots=0.8604, S1=0.8557, S2=0.8525, S3=0.8478
so I suggest to perform the requisite order BUY to
Take Profit 0.8583 and Stop Loss 0.8523
a target is likely to move by 70 pips
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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=0,8714), (R2=0,8682), (R1=0,8635), (Pivots=0,8603), (S1=0,8556), (S2=0,8524), (S3=0,8477)
recommendation:
place your sell stop at 0,8583 target profit at 0,8563 (Seller zones)
place your buy stop at 0,8623 profit target at 0,8643 (buyer zone)
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EUR/GBP (4 Hours)
After having rebounded from the resistance level around 0.8768 on the 1st of August, the bears forced the EUR/GBP currency pair down, before the support level around 0.8504 stopped further losses. There the rate experienced demand and increased to the hurdle around 0.8636 again, where it rebounded by approaching the support around 0.8566 as well. Backed by a bearish OsMA and Stochastic, additional losses might follow.
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My daily trading,I hope the day is a success ...
EUR/GBP (Daily Trade)
Open : 0.8489
Resistance : 0.8628 0.8648 0.8678
Support : 0.8440 0.8420 0.8390
High / Low : 0.8592 / 0.8546
Range : 46 pips
Running Price : 0.8548
for intraday trade today suggest sell at the level 0.8548, stop loss at the level 0.8592, target take profit at the level 0.8420
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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