Eur/Gbp

[muddassir]

اب EURGBP قیمت 0.8828 میں اور اب بھی 0.8788 رینج کے درمیان 0.8853 ~ منتقل، اگر اگلے نیچے جا رہا اور بریکآؤٹ 0.8788 بھی نہیں کر سکیں تحریک میں EURGBP uptrend کے ساتھ EURGBP شاید واپس جاری رکھیں گے، اور اگلا ہدف لیکن 0.8920 میں قیمت ضروری ہے کر سکتے ہیں کرنے کے قابل ہوuptrend کے دوران 0،8853 بریکآؤٹ.

[raihan8212]

the pound was higher against the euro with EUR/GBP falling 0.23%, to hit 0.8137.

Markets were expected to remain subdued ahead of the release later in the week of U.S. data including monthly new home sales, durable goods orders and third-quarter GDP figures. The euro was lower against the pound on Tuesday, following a down****e of Catalonia and four other Spanish regions by ratings agency Moody�s, while concerns over the outlook for economic growth also weighed.

EUR/GBP hit 0.8131 during European early afternoon trade, the session low; the pair subsequently consolidated at 0.8136, shedding 0.23%.

The pair was likely to find support at 0.8109, the low of October 18 and resistance at 0.8160, the session high and an almost five-month high.

The shared currency came under pressure after Moody�s down****ed five Spanish regions, adding to uncertainty over when Spain may formally request a bailout.

Meanwhile, the Bank of Spain said that it expects official data to show that the country�s economy contracted by 0.4% in the third quarter, matching the decline in the three months to June.

Investors were also cautious ahead of euro zone manufacturing and service sector data slated for release on Wednesday, as well as a closely watched report on German business sentiment, amid ongoing concerns over prospects for growth in the bloc.

In the U.K., market participants were looking ahead to a speech by Bank of England Governor Mervyn King later in the day, amid speculation over the possibility of more easing by the central bank next month.

---------- Post added at 12:26 AM ---------- Previous post was at 12:18 AM ----------

The pound was higher against the euro, with EUR/GBP down 0.31% to 0.8130.

Also Tuesday, talks between Greek coalition leaders on the EUR13.5 billion in austerity cuts demanded by the Troika continued in Athens ahead of the November 12 deadline for euro zone finance ministers to decide whether Greece should get its next tranche of aid.

[najmul.djd]

eur/gbp technical analysis by using : average directional movement index

adx : 35.8984
+di : 19.2441
-di : 17.5010
timeframe : 1 hour

time : 2000
date : 23.10.2012

[forexking2]

The trading range for today is among the key support at 0.8070 and the key resistance at 0.8250
The short term trend is to the upside target at 1.0370 as far as 0.7785 remains intact

[amni570]

Today�s Support and Resistance Levels:
S1: 101.18 R1: 102.56
S2: 101.46 R2: 102.97
S3: 101.00 R3: 103.85


Technical Overview:
Since yesterday we have seen the expected rally to resistance at 102.10 and as it is supposed this resistance...

[winstead]

EURGBP is being moved closer to the area of ​​0.8163. If see the movement before, I think the bullish trend is strong enough until now.

[turabawan8]

PRECIOUS-Gold holds above $1,720, Fed in focus

SINGAPORE, Oct 23 (Reuters) - Gold held above $1,720 an
ounce on Tuesday after demand from jewellers helped prices
rebound from a 1-month low in the previous session, but
investors were likely to stay on the sidelines ahead of a U.S.
Federal Reserve policy meeting.

FUNDAMENTALS
* Gold was largely unchanged at $1,727.94 an ounce at
0014 GMT after falling to a 1-month low around $1,713 on Monday
-- a level which eventually ignited demand from jewellers and
speculators in Asia.
* U.S. gold for December was steady at $1,729.30 an
ounce.
* Even though the Fed is likely to hold off from new action
after announcing at its last meeting it would buy $40 billion of
mortgage-backed bonds a month until the U.S. job market
improved, its policy statement on Wednesday will still be
closely scrutinised.
* For the top stories on metals and other news, click
, or

[David7]

Couple really formed a few signals to the south, stochastics and MASD formed divergence on 4 hour chart is also just a couple of still broke through a sliding green (which acts as a support for the trend), the southern wave think will continue at least to the 8100 figure.

[turabawan8]

MONEY MARKETS-Banks' reliance on ECB funding easing

Oct 23 (Reuters) - Euro zone banks' reliance on ECB funding eased again on Tuesday as the central bank's promise to provide aid if asked by for by Spain and Italy allowed some institutions to access, tentatively thawing funding markets.

[VANDA_S]

On the H1 chart, the price is below 12 EMA and 72 EMA indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Take profit: 0.8055