Subscribewe shouldnt expect a long term reversal without noticeable confirmations all the way up. Breaching 0.8885 over daily basis shall signal more bullishness while trading back below 0.8700 may resume bearishness.
Thread: Eur/Gbp
we shouldnt expect a long term reversal without noticeable confirmations all the way up. Breaching 0.8885 over daily basis shall signal more bullishness while trading back below 0.8700 may resume bearishness.
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Hamzagoroo (2019-03-24), Shair (2020-02-29)
I am still watching a EUR/GBP opportunity to the downside, now that the European debt crisis appears to be ready to take the stage front-and-center once more
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Hamzagoroo (2019-03-24), Shair (2020-02-29)
If a M15 close above 0.8900 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8800 sell only and do not buy. If price closes back above it again do nothing
The range 0.8900 and 0.8800 is neutral area, any trade done in between is personal decision and not part of this analysis
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Hamzagoroo (2019-03-24), Shair (2020-02-29)
we can notice from the chart that the pair has closed it's daily candle under 0.8850 , that's mean the down trend is expected and the pair might head to 0.8830 then 0.8810 , however the pair made a hourly correction
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Hamzagoroo (2019-03-24), Shair (2020-02-29)
If a M15 close above 0.8800 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8744 sell only and do not buy. If price closes back above it again do nothing
The range 0.8800 and 0.8744 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
Hamzagoroo (2019-03-24), Shair (2020-02-29)
We continue to view 0.8643 as a key level, under which is likely to trigger a return to weakness, with scope then for 0.8068 over time.
We view the price action present since 0.8643 as being corrective in nature with scope for a lower high to form in the region close to 0.8886.
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Abubakar 148 (2020-08-16), Hamzagoroo (2019-03-24), Shair (2020-02-29)
If a M15 close above 0.8850 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8754 sell only and do not buy. If price closes back above it again do nothing
The range 0.8850 and 0.8754 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
Abubakar 148 (2020-08-18), Hamzagoroo (2019-03-24), Shair (2020-02-29)
It is more likely to go down to around 0.8657 or lower, and after that, it might have potentially to go up to around 0.8875
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Hamzagoroo (2019-03-24), Shair (2020-02-29)
If a triangle is unfolding, then expect consolidation for at least a month more before a break above 9082
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Hamzagoroo (2019-03-24), Shair (2020-02-29)
the pair is trading now above the level of 0.8800 and that's mean the uptrend is still standing and the pair might continue in it's upmovements heading to 0.8880 and then 0.8900
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.
Abubakar 148 (2020-08-17), Hamzagoroo (2019-03-24), Shair (2020-02-29)
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