Ok guys. I am currently looking for a long on the EG. I have identified three separate resistance levels from the past that have become my current targets. If the price can break my .382 fib and first resistance of 0.8504 I will be long to 0.8565 and then 0.8623. Be careful as Draghi is speaking on Tuesday. I'm hoping that we can reach our 0.8565 target by the...
Eurgbp Holding Strong Support on H4 and on Daily around 0.8430 level. So advice to buy in range of 0.8440-0.8480 with sl below 0.8410 where TP1 0.8550 and tp2 0.8620
$EG is on a final move up before we might see some drop action for the Bears to take over.
EURGBP bounced on support at 0.835 area with a false breakout. Waiting for a lower EP at 0.837 area for a long towards resistance at 0.85 area
We are into a long term uptrend since december last year and are currently into some consolidation so i hope the trend will keep going. After a doji and a low test candle, i'm electing to buy EURGBP. With first target at 0.85 then 0.86 and 0.87 We can see a MACD divergence with the price making same levels low and the MACD making lower low.
FX_IDC:EURGBP Safe Trades; open.spotify.com
EURGBP falling down towards 0.837 area, monthly Fibonacci retracement and support area. Waiting for a re bounce towards 0.843
The ABC pattern formation is not complete, the first price I will look for is 0.834 for entry is the first support, if there is not a candlestick confirmation the price can fall a little more, the second price entry is at 0.8300, stop loss will be at -0.1313 fibonacci level and the target at 0.618.
EURGBP long opportunity, shows 4H chart. Reversal pattern and support level.
FX_IDC:EURGBP Safe Trades;
1 Hour charts show signs of reversal, so since all the over buying and 50 and 20 ema touching price shows thaat price is recovering and will will go back up. The stochastic is also showing bullish momentum.
Traders, We have had a great amount of success over the past few, with focus on usd/jpy and the BOJ as see in the related ideas, long may this streak continue! SUMMARY: The EURGBP pair bounced slightly during the course of the day Tuesday, using the 0.8639 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is...
It may not seem much. But here is the forecast till the end of 2017.