EURGBP : BEARISH - Short Entry Price (Sell Stop) : 0.85158 Stop Loss : 0.85642 Take Profit : 0.84674
if the price does not fall more than the SnD and can break the bearish trendline, then the trend collapse is confirmed and the pair is heading to a bullish trend. if you see a bullish candle and rejectioan in the form of a doji when the price touches the SnD, this is one indicator of a reversal.
My dear friends , My technical analysis for EUR/GBP is below: The price is coiling around a solid key level - 0.85344 Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Goal - 0.85602 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing...
Hello traders, I want share with you my opinion about British Pound. By observing the chart, we can see how the price a few days ago bounced to the resistance level, which coincides with the seller zone and resistance line. Then it started to decline close to this line and fell to the current resistance level, which coincide with the buyer zone, but soon bounced...
Preferred direction: BUY Comment: Despite yesterday's drawdown amid very optimistic data on the US labor market, the metal retains its bullish potential. Today we are waiting for the final results. If the data is as positive as it was previously stated by the agencies, then even in this case the dollar will weaken, since yesterday, most likely, the buyers have...
Key News: USA - Average Hourly Earnings (MoM) (Jun) USA - Nonfarm Payrolls (Jun) USA - Unemployment Rate (Jun) During Thursday's trading session, the Dow Jones Industrial Average recorded a decline as robust job market data sparked expectations of further interest rate hikes by the Federal Reserve. This development subsequently led to a surge in Treasury...
Preferred direction: BUY Comment: Today is the long-awaited day of the whole week, including the breaking of the round level of 1.09000 and the approach to 1.09623. This expected movement will be made within the near retest of the level 1.09623 on the daily chart. In this case, the strength of the buyer will only strengthen and the medium-term growth above...
Hello,Friends! EUR/GBP pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 9H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.863 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
"Alternative Bullish Scenario" could be activated if there will be a reaction to the 0.85430. Bearish limit orders could be put lower than the zone
We're seeing price rise towards a major overlap resistance at 0.8552 which also coincides with a 23.6% Fibonacci retracement, 38.2% Fibonacci retracement and a shorter term 61.8% Fibonacci retracement. It's worth noting that there's a fair bit of bearish momentum too wish the descending resistant line and the bearish ichimoku cloud pushing prices down. A drop...
Preferred direction: BUY Comment: This instrument also moves up, according to our scenario. Now the buyers are going to break out the level of 1.09000 in the "triangle" format. Entry in the direction of the local trend strengthens long positions and gives more confidence in the uptrend impulse. The current buyers' target is at the level of 1.09623. Do not...
Preferred direction: BUY Comment: The last idea worked out perfectly, but do not forget about the prospects that were also said. Growth will most likely not stop there, and now it is expected to approach the next target of buyers to 1.28484. We must not forget about the news background today and tomorrow. It is very unlikely that this will somehow prevent...
I see strong demand areas in front of the price. It is very likely that we will see the price return from these areas Wait...get confirmation...and enjoy trading
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.84950 zone, EURGBP is approaching a significant weekly support zone of 0.84950. If bulls are confirmed i would consider 0.87 as a target as it's considered the next major resistance area EURGBP will be facing. Trade safe, Joe.
Dear colleagues, the price is currently in a strong resistance area. I believe that the price will move up for a correction and reach the 50% Fibonacci retracement level (0.85952) Manage your capital correctly and competently! Only enter trades based on reliable patterns!
✅EUR_GBP is going down now But a strong support level of 0.8525 is ahead Thus I am expecting a rebound And a move up towards the target at 0.8565 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Dear colleagues, for the upcoming week, I anticipate only short positions towards the support area of 0.85432. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Preferred direction: BUY Comment: The British is still slowly, but still going to an intermediate level of 1.27695. This level can be said to be the median of the current price range 1.26989 - 1.28484. Just at 1.28484, the current target of the buyer is located. Thank you for like and share your views!