Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Based on the analysis of several indicators, it appears that FX:EURGBP is likely to experience an upward trend starting from next week. Signal Decomposition In the weekly chart, the signal decomposition indicates that all frequencies are pointing towards an upward movement, suggesting that the Euro (EUR) will dominate the British Pound (GBP) in the coming...
EURGBP is consolidating on a key level. The price formed a horizontal range on 1H time frame. To buy the pair with a confirmation, I would suggest looking for a breakout of the resistance of the range. 4H candle close above will confirm a violation. Buy aggressively or on a retest then with initial target - 0.858 level. ❤️Please, support my work with like,...
Hey Traders! 👋 For Day 30/100 of our challenge, we will look at EURGBP for downside potential this week/month Technicals: - Overall downtrend - Break below 0.858 support - Support created at 0.0.854 - Expecting retest back to 0.858 for potential shorts - Or a break and retest of 0.854 - Target is 0.85 - Invalid thesis when 0.861 is breached to the...
The price broke a significant trendline and formed a descending triangle from which it is expected to move further downwards, targeting lower support levels. Good trading! If you find it useful, like, follow, share!
Multiple time frame analysis on EURGBP. Price action & key levels. Directional bias & thoughts. ❤️Please, support my work with like, thank you!❤️
-Bounce Rejection on support level signalling the continuation of the downtrend after profit taking -Entering next negotiation zone -Stop Above the bear candle -Take profit on the opposite zone 2.43 r/r
Analysis: Price was stuck in an area of consolidation for a while but we've seen that area be broken and price has made a substantial move to the downside indicating to us that we are only interested in shorting this pair. We're currently at an area of previous major support and we expect that this level will now hold as resistance and price will continue its...
The employment data for the UK turned out positive for the GBP. The number of people in employment increased to a record high in the latest quarter. The GBP appreciated greatly against the EUR today and since its already late, the end of the movement might be here. Retracement back to the mean is expected and as depicted on the chart. However, low activity...
Hello traders! ‼️ This is my perspective on EURGBP. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short position. I see price to continue bearish price action to fill the imbalance lower and then to make a new lower low. Fundamental analysis: Tomorrow we have news on GBP, will be released...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.86100 zone, EURGBP is trading in a downtrend and currently is in a downtrend in which it is approaching the major trend at 0.86100 resistance zone. Trade safe, Joe.
After Friday's break under the recent low, EurGbp reversed yesterday leaving a strong bullish engulfing on our daily chart exactly in 0.8550 zone support. This bullish engulfing could be an indication that more gains are coming and the target for bulls could be 0.8720 resistance. In the case of a new low, this outlook is negated.
Hello traders ,what do you think about EURGBP? After reaching the support zone and bottom of channel , this pair is placed in a low risk zone for buying. We expect it to grow to the specified level. If this post was useful to you, do not forget to like and comment.❤️
EURGBP looks very oversold after a selloff last week. The price was consolidating within a narrow horizontal range and violated its upper boundary early in the morning. It signifies that a correctional movement is coming. Goals will be 0.8565 / 0.8576 ❤️Please, support my work with like, thank you!❤️
Before explaining everything we all should know that there is liquidity sitting below every swing point of any given chart pattern and in order to move, the market needs to grab the swing point liquidity first. It can take years to make a move to start taking all the liquidity. The cross marks are the swing low liquidity points that are yet to be taken by the...
Shorting EURGBP to the next available draw on liquidity. A potential 300 pips ROI. A standard lot should run on a $3k profit. Let's see how price fair from here.
Hey Traders, in the coming week we are monitoring EURGBP for a selling opportunity around 0.859 zone, EURGBP was trading in a downtrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more lows especially with current BoE hawkish sentiments. Trade safe, Joe.
This week, the financial regulator SEC launched an attack on the cryptocurrency industry, suing the Binance and Coinbase exchanges, while classifying a number of popular coins as securities. As a result, since the beginning of June: → the price of bitcoin decreased by approximately 2.2%; → the price of Ethereum decreased by approximately 1.8%; → the price of BNB,...