Not overwhelmingly good, only 5 touches, but right on the line so good RR 3.25:1
Hi guys, here on EURBGP we started our analysis on the daily chart, in there you can see that we are heading downward for a few days without even the tiniest retracement. In RSI we are deep oversold and so we expect some kind of a bigger retracement coming. So we point out the daily resistance level that may provide some support. Tha black line means this, we are...
Traders, We have had a great amount of success over the past few, with focus on usd/jpy and the BOJ as see in the related ideas, long may this streak continue! SUMMARY: The EURGBP pair bounced slightly during the course of the day Tuesday, using the 0.8639 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is...
EURGBP has lots of potential to continue upside movement on a daily chart. Good chance for a breakout. My first idea.
SUMMARY: The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8416 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are...
SUMMARY: The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8319 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are...
The price has pulled back into the reference area at 0.8302. Remains bullish above 0.8354 as long as the support at 0.8302 remains intact. Long with potential target at 0.8543
We're up against some monthly resistance levels at 0.85430. Agressive traders wait to break and close above for confirmation. Conservative traders wait to double-bottom on the support level and then BUY. Limit: 0.86130 STOPS:0.85020
This pair continues to make new higher highs in the upward channel. Its recent fall may now provide an opportunity to go long, however, I will only do so if there is more confirmation from the candlesticks. I expect the price to reverse in the blue zone/ beneath the 38.2% retracement and the previous resistance level which should become support. Based on this I...
I expect a bullish EURGBP tomorrow @ london open, will keep an eye on this one. If it goes lower then i think it will be a good moment to buy.
EUR/GBP ( DAILY ) RECOMMENDATION: BUY SUMMARY: The secondary trend of EUR/GBP is bullish on charts and price is trading above the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 0.7900 and support at the...
Target is predicted at 0.80500 = 500 pips. Good Luck!
The primary trend of EUR/GBP is bullish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 0.7665 and support at the level of 0.7525. If it breaks its resistance...
Detailed addition to the Global layout of the EURGBP currency.