Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85800 zone, EURGBP did broke up the 0.85800 support are and now we are watching a potential retest of that low. Trade safe, Joe.
Hello Traders, here is the full analysis. I think EURGBP will bounce off next support and grab liquidity to rally up to 0.87... zone. GOOD LUCK! Great BUY opportunity EURGBP I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your...
My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8583 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8613 Recommended Stop Loss - 0.8568 About Used...
I am taking this long scalp trade. I see a bullish divergence on H1 and H4 tf. Actually is trying to break out from H1 trendline, if it can retest it and hold, we could see the target reached in some hours. I reccomend to put stoploss at break even if we get at least 15 pips of profit
A glimpse of the EURGBP in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Hello traders, we are having a nice setup on eurgbp for short position, just wait for close below demand zone and below 50% of that buy zone that we have right below demand zone.
Preferred direction: SELL Comment: As expected, due to the high correlation between the British pound and the Euro , the situation for these currency pairs before US inflation is absolutely the same. For this pair, scenario №1 is considered worked out. But scenario №2 does not lose its relevance. Therefore, scenario №2 is very relevant before the...
Preferred direction: SELL Comment: Ahead of the inflation data , the situation for the Euro did not change. The current sluggish recovery is due to a surge in market sales that were missed by limit buyers. This does not mean that we will now grow rapidly. Most likely, a major player has not allowed the price to move, as the impulse is delayed until the US...
Hello,Traders! EUR-GBP went down to Retest the horizontal Support of 0.8583 From where we are already Seeing a bullish rebound So I think that the price Will go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EUR/GBP could rise towards a pullback resistance and potentially reverse off this level to drop lower towards our take profit target. Entry: 0.86123 Why we like it: There is a pullback resistance level Stop Loss: 0.86395 Why we like it: There is a pullback resistance that sits above the 38.2% Fibonacci retracement level Take Profit: 0.85778 Why we like...
EUR/GBP is falling towards a pullback support and could potentially break under this level to drop lower. Sell entry is at 0.85893 which is a potential breakout level. Stop loss is at 0.86350 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 0.85628 which is a pullback support. High Risk...
Hi folks today I'm prepared for you British Pound analytics. If we look at the chart, we can see how the price some days ago traded near the resistance zone, which coincided with the resistance level and even made a fake breakout, after which EURGBP rose to the trend line. Then price rebounded and made a strong impulse down until below the support zone, thereby...
EURGBP - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long EURGBP Entry - 0.8604 Sl - 0.8591 Tp - 0.8653 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Preferred direction: SELL Comment: In our extreme trading idea for gold , we assumed growth from current prices (at the 2020 level). However, as we previously assumed in our trading ideas, there is a high probability that 2024 will start with a strengthening of the US dollar. Taking into account the review of the situation, we are forced to consider...
Preferred direction: SELL Comment: The British pound is also being considered for sell as part of the overall strengthening of the US dollar in early 2024. Here, at the moment, we are working on scenario 1 , which we set for ourselves in the previous trading idea. However, we cannot exclude scenario 2 (updating the maximum at the level of 1.28000 ) and we...
Preferred direction: SELL Comment: As we said earlier, most likely 2024 will begin with a strengthening of the US dollar . For this currency pair, we also now fully adhere to sell-priority. During this week, the support at 1.09000 is expected to break through and further fall towards the level of 1.08000 . Technical analysis supports this idea, and...
Dear FRIEND, I hope you're doing well and that the new year has started on a good note for you. I wish you success in your business endeavors and a happy new year with your loved ones. As someone interested in the Elliott Wave principle, I find it to be a valuable tool for market analysis. I have developed my approach by combining this principle with my personal...
On Tuesday's session, the FX:EURGBP was observed at 0.8605, experiencing slight gains of 0.15%. Following two days of declines and encountering robust support at the 0.8600 level, bears took a break. Despite this, the daily chart still presents a neutral to bearish outlook, and this bearish tilt remains apparent in the four-hour chart as well. The indicators on...