EUR/GBP buy forecast. We have all the confirmations to start looking for long position
OANDA:EURGBP This is what I call " the price has moved too far too fast" and formed a sharp peak, I doubt that further upward movement is sustainable. I'am expecting a gradual, smooth landing on the support.
The picture is bullish. Analysis name : Euro-Sterling Last close : 0.79060 0.78680 Last status id : none Last status text : Trading range. Current date : 2008-06-04 05:51:09 Current title : Direct rise. Current directionnal id : up Current directionnal text : Bullish Current reward id : good Current reward text : Good Current abstract text : The picture is...
Take a look at our analysis for EURGBP. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.858. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.860 level. P.S The term oversold refers to...
Fundamental Analysis German PMI climbed to 42.2, slightly below the expected 42.8 ECB has signaled that it will start to lower interest rates in June UK PMI also miss the expectation Technical Analysis On chart D, price reacts at 0.85824, showing strong support at this price zone (resistance was broken before). An increasing trend gradually forms If...
This is the current situation of EURGBP. We can look for LTF confirmation before LONG entry at OrderFlow Zone and if it fails to give any confirmation, we may look for confirmation at Extreme POI but if it fails to give valid confirmation then we may wait for sweep of Liquidity at Major Low. I analysed Eurgbp Market as Bullish on Daily time-frame because it does...
Hello Traders In This Chart EURGBP HOURLY Forex Forecast By FOREX PLANET today EURGBP analysis 👆 🟢This Chart includes_ (EURGBP market update) 🟢What is The Next Opportunity on EURGBP Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
EURGBP is in a downtrend after a big bullish move. The previous trend has been broken and the next support level is down at around 0.8571 so we can see a downward move towrd the TP1 if price breaksdown the previous LL. There is no Divergance on RSI to indicate a change in trend. The trade plan is based on simple DOW Theory and RR for TP1 is 1:1 and 1:2 for TP2.
1- Bullish trending pattern. 2- 50% Fibonacci retracement. 3- Strong bullish candle. 4- Hidden Divergence on MACD indicator. (suggesting a move UP) Trade plan as shown on the chart.
Hello,Traders! EUR-GBP is going down Now but a strong horizontal Support is ahead at 0.8579 So after the retest we think The pair will make a rebound And will go up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Idea not advice Held zone through Asia and London Change of structure Probably needs juice if it wants to push downside Higher time frame bullish Godspeed in your trading y'all.
one hour analysis to my dailly idea on eurgbp long. here u can see the wave 1 up from c and the a wave down from wave 2. up for b to the box. down for c to the lower box and then up fro wave 3
dailly correction started for a wave c. From what i see we had on the dailly chart allready an A wave up, a b wave down and now we started the c-wave with a starting diagonal for a wave 1 from c. we had the a-wave down for the wave 2 from c and now going up for b from wave 2. after a wave c to complete the wave 2 down and then we can start the wave 3 up from the...
EURGBP 30MIN R:R = 4 RBD ZONE : This zone is calculated by supply and demand method
EURGBP has returned to the ascending channel. The AB=CD pattern has worked out a reversal of the movement. The chart reached the resistance level. We think that the price may correct to the support, which coincides with the 38.2% retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders, we want to check the EURGBP chart. After breaking the channel and a strong upward movement, the price is making a correction to a key level. We expect this level to play the role of a support level and the price will maintain its upward trend and grow to around 0.86400. Good luck.
Pair: OANDA:EURGBP Timeframe: H4 - Medium Term (MT) Direction: Short 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) - Aiming for the 50% Fibo Retracement which the horizontal line shows a supply-demand...
It is expected that after the completion of the corrective pattern at the support levels, a trend change will be formed and the upward trend will continue. As long as the price fluctuates above the green support range, a trend change and the start of an upward trend will be likely