Hello,Traders! EUR-GBP went down And has reached a Rising support line from Where we are already Seeing a bullish rebound And I think that we will See a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EUR/GBP is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.8533 which is a pullback support that aligns close to the 78.6% Fibonacci projection level. Stop loss is at 0.8510 which is a level that lies underneath a pullback support. Take profit is at 0.8577 which is a pullback resistance. . High...
OANDA:EURGBP The pair has made a substantial retracement and formed a bearish divergence, which brings an opportunity to sell the pair targeting the major support line.
EURGBP - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy EURGBP Entry Level - 0.8552 Sl - 0.8534 Tp - 0.8580 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Preferred direction: BUY Comment: The British currency , like the euro , is considered for purchase this week, but not higher than 1.28000. The most likely scenario №1 assumes a pause and possibly a small downward correction, and only then growth towards the level of 1.28000 . The current resistance area at 1.27000 is a difficult obstacle for a buyer,...
Preferred direction: BUY Comment: The end of the previous trading week was not in favor of the US dollar , which we were preparing for and talking about during the previous week. The beginning of this week will most likely maintain this bearish sentiment for the US dollar and a short-term strengthening is expected for its main competitors, at a...
Price is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance. Pivot: 0.8547 1st Support: 0.8530 1st Resistance: 0.8581 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frames - Price action has multiple resistance from trendlines & also a horizontal trendline (supply zone) Fundamental Confluences for Trade: - Nothing much can dictate the movement of this FX pair as they are heavily trade-related like the AUDNZD. Any major movement...
My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8549 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 - 0.8585 About Used Indicators: Pivot points are a...
My dear friends, My technical analysis for EURGBP is below: The market is trading on 0.8543 pivot level. Bias -Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8564 Recommended Stop Loss - 0.8528 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
EUR/GBP is currently exhibiting a bullish technical setup based on a harmonic pattern and RSI divergence, suggesting a potential upside move. Harmonic Pattern Setup: A bullish butterfly pattern is forming on the EUR/GBP chart. Point D of the pattern, also known as the Potential Reversal Zone (PRZ), is nearing a key support area. This confluence strengthens the...
Please, check our technical outlook for EURGBP. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.854. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.855 level. P.S The term oversold refers to a...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85500 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85500 support and resistance area. Trade safe, Joe.
My dear friends, Please, find my technical outlook for EURGBP below: The price is coiling around a solid key level - 0.8563 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.8585 Safe Stop Loss - 0.8550 About Used Indicators: The...
Preferred direction: BUY Comment: It didn’t take long for us to realize our previous trading idea for the euro . At the moment, we have the fact that the target has been fixed. Today, the market's focus will be on the US CPI , against the backdrop of which we expect another short-term growth in favor of the main competitors of the US dollar. The most...
Preferred direction: BUY Comment: Against the backdrop of the upcoming news week, metals in particular are best viewed from a medium-term perspective. Here, for silver , the most likely scenario seems to be the formation of accumulation and then growth towards a local maximum of 30 exactly ( scenario №1). We also designate Scenario №2, and it is mainly...
Please, check our technical outlook for EURGBP. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.857. The above observations make me that the market will inevitably achieve 0.860 level. P.S We determine oversold/overbought condition with RSI...
My dear subscribers, My technical analysis for EURGBP is below: The price is coiling around a solid key level - 0.8613 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8586 My Stop Loss - 0.8627 About Used Indicators: By the very...