Thread: Eur/Gbp
in the H1 time frame the price is not able to break the 0.8576 level and it is todays resistance lower side it is also supported at the 0.8494 level. the stoch is showing price is over sold and try to move out we can long this pair with the target at 0.8565
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hi
how are you
we can see in the m30 chart
the pair trading down the 38.2
I see the pair will go to down way to 0.8636
stochastic refers that the pair will go down
so our target sell from 0.8658 and our target will 22pips
Good luck
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Pair : EURGBP
Updated : Wed, Mar 20 06:14
Price : 0.8519
Movement : -10.8 Pips
Movement : -0.13%
Support : 0.8459
Pivot : 0.8540
Resistance : 0.8622
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elliott correction zigzag 0.8632 it should try higher up to 0.8584 entry point 0.8567 0r 0.8555 after this rise acorrection is expected
supports and resistances
res2 0.8626
res1 0.8602
pivot 0.8567
sup1 0.8543
sup2 0.8508
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in the H1 time frame price is break the supporting trend line and stoch is also try to move out from the oversold area. we can see that price is having the support at 0.8520 if this support is break we can long to the target at 0.8440
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EUR/GBP intraday: under pressure. DOWNTREND.
Pivot: 0.86
Our preference: Short positions below 0.86 with targets @ 0.853 & 0.8495 in extension.
Alternative scenario: Above 0.86 look for further upside with 0.8645 & 0.8685 as targets.
Comment: the pair has struck against its resistance and remains under pressure, the RSI stands below its neutrality area and is turning down.
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Eur/gbp analysis for 03.19.2013 by using pivot indicator.
r3: 0.8661
r2: 0.8626
r1: 0.8600
pivot: 0.8565
s1: 0.8539
s2: 0.8504
s3: 0.8478
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Dropped a pair of EUR/GBP following a British price data
displays the pair to fluctuations in the range by 20 basis point,s between 0.8566 and 0.8586
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Eur/gbp technical analysis by using moving averages.
date : 03.19.2013
time : 0615 GMT
time frame : 15 min
sma200 : 0.8587 signal- sell.
sma100 : 0.8571 signal- buy.
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I shall be in this prediction. I hope for this to work. Bro and I predict you'll see her for 7 days. If your prediction is correct for seven days, I will shed my live account. Please complete the entry point and exit point. For best results.
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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