TradingTechs

Critical levels for EURGBP

OANDA:EURGBP   Euro Fx/British Pound
80 0 12
EURGBP             broke the Trendline from Brexit and is currently testing first support (38.2% Fib). Major support comes in from 0.84 to 0.83. A bounce from these levels could set up a continuation of the uptrend but keep in mind that these are critical levels and getting through them could set up a mid-term bear market
Comment: Managed to get through first support. A close below could see the move extending to critical support (Green Rectangle)
Comment: Could see a flush above above 0.8627. If we close above previous highs buyers in control and could move higher
Comment: No close above yesterdays high although we did go through the high on a stop run and sellers stepped in immediately.
Comment: Support held and now a close above previous highs should target 0.8710-0.8720 area where first resistance comes in
snapshot
Comment: Another swing failure. We really should be heading towards 0.84-0.83 area now if we get a bearish close
Comment: First Fib is proving very resilient. This area needs to clear out if we are to see any direction
Comment: Closing in on last weeks low at 0.8460. Though here we should see it moving towards area of support (green rectangle)
snapshot
Comment: Entering area of major support (clusters of highs and lows & 50% Fib since Brexit)
snapshot
Trade active: Bounced off support on volume
snapshot
Comment: Pair still in major support zone. If it gets through and closes the next area of support is 0.82 (61.8% Fib).
snapshot
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out