TipTVFinance

EUR/GBP – Bullish exhaustion

FX:EURGBP   Euro / British Pound
Despite the rebound from Friday’s low of 0.8974 and rise to 0.9057, caution is warranted on the part of the bulls…given that the daily RSI is in the overbought territory and has breached rising trend line . The daily MACD is also indicating loss of momentum; hence a correction to 10-DMA level of 0.8962 could happen any time.

On the higher side, A day end close above 0.9142 (Oct 11 high) would open doors for a further rally to multi year highs.
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
AR العربية
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