We have just reached a pivot point in our EURGBP pair and the bullish signal is confirmed. Our target is therefore the 0.691 level with a slightly tight stop.
The confirmation of a trend change has been formed.
AUDNZD could not break the pivot point 1.0750. The price rejection will push it to go for the 1.0868 level. We will take a long position to test the next price level
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The way I told you, you have to trade like this and you will...
#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. And we can mention BOE intervention. The reason for positive sentiment in EUR is USD SELL. But a good UP SIDE BIAS is coming for GBP now with the MARKET SENTIMENT. Due to this reason, all MARKETS including STOCKS...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR / GBP: Bullish outlook despite the pullback on November 10th and the fact that price found support above the 40 week (200 day) moving average which also intersects at 0.8686 (the 50% retracement from 4 week high / low) indicates the pair may have strong buyer support, this can be further supported by the fact that current price remains above its 4 week...
🟢 EURGBP
TF: 3D
Side: Long
SL: $0.86133
Entry: $0.87754
TP 1: $0.88670
TP 2: $0.90240
TP 3: $0.92778
GBP is losing strength so it's time to start selling it.
When we move onto the weekly time frame. We can see a sharp moved took place around the week of the 29th of August. This resulted the price breaking a weekly structural level
which has been holding steady since around May of 2021. This combined with the breakout on a falling wedge pattern on the daily time frame add to our narrative of looking to go
long on the...
Here is my view for EURGBP on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP forming lower high and lower low after peak formation. each high is lower than previous one. more probable chances for new lower high at approximately 0.8740. need to hold for lower high and lower low formation. short term target for short 0.8630, 0.8590 while 0.8470 longer term bearish target.
Here is my view for EURGBP on D1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
we still have a sellside inefficiency and price still need to rebalance it before finally going bullish on EURGBP.
It is of no doubt that we're currently bullish on EURGBP, price is currently looking to fade into a large TF premium Arrays before finally displacing lower.
Confluences :
1. we previously had a bullish displacement on the weekly TF leaving a...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
When it comes to the technical analysis of EURGBP , considering the current market structure, this currency pair is still in downtrend. On chart, we can clearly see the steep downtrend and price also managed to break the previous support area S1. That means price is likely to continue moving downwards. So the best approach would be to wait until the price tests...
EURGBP has formed a strong bearish price action on the 4h after breaking the local support zone. As there is a strong rejection of the monthly and weekly, there is a high probability price will continue to drop. Currently, the price is retesting the previous support turns resistance. Upon rejection from the moving average of 4h, we could find a possible sell...
Hello traders!
‼️ This is my analysis on EURGBP .
Here we can see that price broke the market structure and now I am looking only for shorts. I expect price to continue the sell-off to fill the imbalance below.
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If the price does not return quickly, the downward trend will probably continue.
TIME : 4H
SIDE : SELL
BUY 0r SELL ZONE : 0.8659
TAKE PROFIT : 0.8499
STOP LOSS : 0.8796
R/R = 1.37
MIDTERM SIGNAL
#FOREX
#EURGBP
EUR-GBP was trading along the rising support
But then we saw a bearish breakout
After which the pair went up again
And retested the broken line
I think that the move down will continue
to target below
