Thread: Eur/Gbp
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eurgbp on the daily chart We can see that the pair reversed down and we are only at the initial path, so you can sell at the current target at 0.8315 first, it says that the pound will be much harder to strengthen the euro against the dollar, so much more profitable to buy the pound right now . second target 0.8090 which I think will be a very good rebound.
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elliott irregular flat correction up 0.8554 corrective dips should ideally halt near 0.8464 or 0.8444 for noe more thrust up wards towards 0.8507 - 0.8530 area or 0.8569 in extention fall below 0.8397 puts it back on a downwards path
support and resistanse
res2 0.8569
res1 0.8530
pivot 0.8483
sup1 0.8444
sup2 0.8397
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I wanted to share a little about my daily life in the trade, this time about the pair Eur/Gbp.
I Buy limit from 0.8470
by SL: s1
do not forget to take profit at r1
Tf :M30
Daily Info :
Support 1: 0.8442
Support 2: 0.8395
Support 3: 0.8356
pivot: 0.8481
Resistant 1: 0.8528
Resistant 2: 0.8567
Resistant 3: 0.8846
All analyzes were performed using the indicator I Stochastik, indicators that make me proper analysis.
Analysis for today's 05-Apr-2013
#Happy trading
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now buyers are also weekly and daily buyers are dominating the market eur / gbp ... the greatest probability is buy ... however, monthly sellers still dominate the market ... but the buyer-seller area monthly balance is very much in the ... then buy option can be done with limited take profit ... area that might target price is 0.8519 and 0.8488
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Spoiler:
Price action on the Hourly chart time frame, the price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
50 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 0.8567
SL : 0.8443
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Eur/gbp analysis for 04.05.2013 by using pivot indicator.
r3: 0.8613
r2: 0.8567
r1: 0.8528
pivot: 0.8482
s1: 0.8443
s2: 0.8397
s3: 0.8358
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strong bullish is happening when both of Accumulated Oscilator (AO), Relative Vigor Index (RVI) and Gator Oscilators are similar and reach positive value as indication this pair in uptrend mode, so pair will increase from 0.8491, then fast stochastic line is intersecting slow line bottom upward near buy border level 20 as new trend , it means pair is still continuing this uptrend and try to touch new high level
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Eur/gbp analysis for 04.04.2013 by using pivot indicator.
r3: 0.8526
r2: 0.8510
r1: 0.8500
pivot: 0.8484
s1: 0.8474
s2: 0.8458
s3: 0.8448
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.
I wanted to share a little about my daily life in the trade, this time about the pair Eur/Gbp.
I Buy Limit from 0.85011
by SL: pivot
do not forget to take profit at 0.85273
Tf :M30
Daily Info :
Support 1: 0.84749
Support 2: 0.84585
Support 3: 0.84487
pivot: 0.84847
Resistant 1: 0.85011
Resistant 2: 0.85109
Resistant 3: 0.85273
All analyzes were performed using the indicator I Stochastik, indicators that make me proper analysis.
Analysis for today's 04-Apr-2013
#Happy trading
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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