NathanSaunders

EUR/GBP LONG/SHORT Opportunities. Mnth/Wk/Daily charts used

FX:EURGBP   Euro / British Pound
Sorry about the colour contrast.

MONTHLY/WEEKLY/ Chart Analysis.
The recent strong bullish movement looks to change the direction of the trend, but at this current time it is still within the downward trend and following the down trend pattern. A reversal at the 0.382fib or 0.80586, is what i'm seeing atm, looking to continue down to the 0.64686 mark if the move is strong.
However if the 0.382fib retracement is broken also meaning a break of the downtrend, we can look for the bullish move to continue up just pass the 0.50fib to around 0.84968, if the trend continues, we can look just past the 0.618fib to around 0.88170 for our next stop.

Daily Chart Analysis 29th/02/2016
Short on the 0.77165 break. Down towards the weekly resistance (0.70328 point). If the move is strong look towards a push to the support of the monthly trend parallel channel .
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out