Eur/Gbp

[ashaab]

The pair provided some bullish attempts at the morning, but it returns now to trade around 0.8000 again. In general, our suggested scenario remains valid , awaiting a clear breach of 0.8100 to activate it.



Recommendation : Based on the chart and explanations above, our opinion is buying the pair with 4-hour closing above 0.8100, targeting 0.8250 and then 0.8310 and stop loss below 0.8025 might be appropriate this week.

[Sondag]

Its good to see this pair has the Gap Up for today's open. Lets see if this pair could reach its strong resistance level at 0.8035. If this pair can broke that level, I expect this pair can continue to reach 0.8050. But if is it fail, I expect this pair will return 0.8015.

[Melsayed]

My weekly analysis :
the pair has succeeded to close down of the resistance 0.8105 and it test the value also i this week the pair will continue down trending in the down channel shown in the chart and correction is done already , i think it will test the channel at 0.78xx value by the next week or after next

[ashaab]

The pair retested the previously breached neckline at 0.8035 and then reversed to the downside. Therefore, our suggested scenario is activated now and remains valid as long as the pair is stable below 0.8035-60



Recommendation : Based on the chart and explanations above, our opinion is selling the pair around 0.8035, targeting 0.7955 and then 0.7900 and stop loss with 4-hour closing above 0.8060.

[Sondag]

This pair is rejected by the strong support level of 0.7995. Today, this pair will rebound from its resistance level at 0.8022. I hope some correction today before its goin to continue its bullish trend. The 1st correction target is at 0.8010. After that, I expect this pair to continue its bullish trend and break the support.

[ashaab]

The pair is trading sideways below the previously breached neckline of the bearish technical pattern shown above, while we are still waiting the retest of this level. Therefore, our morning expectations remain as they are as long as the pair is stable below 0.8035 and 0.8060.



Recommendation : Based on the chart and explanations above, our opinion is selling the pair around 0.8035, targeting 0.7960 and then 0.7900 and stop loss with 4-hour closing above 0.8060.

[pdatta20]

I profit to euro/usd pair .

[ashaab]

The pair breached 0.8045 and stabilized above it with four-hour closing and that activated the upside intraday scenario expected as mentioned in the previous report . The pair is trading negatively now and requires the return above 0.8045 to support our positive expectations.



Recommendation : Based on the charts and explanations above, our opinion is buying the pair with the breach of 0.8045 targeting 0.8170 and stop loss with four-hour closing below 0.8025; OR sell the pair with four-hour closing below 0.8025 targeting 0.7960 and stop loss with four-hour closing above 0.8045 might be appropriate

[nurdiantofxwave]

Now the price is trying to rise after hitting a weekly pivot level (0.8036) although the trend that happening is down. further decline could bring the price into the range 0.8005-0.7994 as the oversold area of mbfx indicator. selling position is recommendated if ssignal of stochastic in tf m15 and m30 move down from overbought area.

[gemmy]

As we see from H4 chart shown , breaking the triangle there will make the pair to continue down in next hours as breaking also a support level @23.6% we will have more down direction and we can make sell , good luck ,