Reason 1.) Price reversal at 0.83 tells me that some big volume is buying at this price. 2/) SMA20 starts showing some strength in an up trend. Note; Long term is still in a downtrend, thus trading should be cautiously monitor or SL. **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole...
EURGBP bounced off 0.85167 where it could potentially rise further to 0.86445. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
After almost half a year of the downtrend in this currency, we can see some mid-term relief. Took Sell-stops liquidity on High time frame and trapped shorters. I see some upside potential here. If our support level will hold and will be there strength then I have outlined two targets on the graph (buy-side liquidity). If there will be any strength in our...
Eurgbp - I see weakness in gbp coming for the next few months so could see a decent move up on this pair.. Euro on the come up as well things could get interesting.
in a high Time frame Daily or Weekly , When a Price make a pullback from a Major Level, you should wait a re test for a second times on law time frame if you see that trend on chart is up and on indicator is down that's mean a divergence you should place your First TP on the first Support on law time frame.and finaly you need to place your Stop Loss above 20...
In the name of Allah, the Most Gracious, the Most Merciful. EURGBP IN MONTHLY TIME FRAM MARKET HAS hit 2009 HIGH LEVEL MORE CHANCES TO FOLLOW DOWNTREND NOW. IN WEEKLY TIME ZONE MARKET IS FOLLOWING CHANNEL PATTERN WHICH HAS BREAK DOWNSIDE, SO IN MONTHLY AND WEEKLY TIME ZONE MARKET IS BEARISH. IN DAILY TIME ZONE IT LOOKS LIKE MARKET WILL DO PULLBACK TO CHANNEL...
EURGBP Looking at Eurgbp now, I say this a lot but with gbp pairs you have to be very cautious as they are heavily influenced by fundamentals. EG rejected and pushed off 0.84 nicely, looking like we are slowing down. EG looks like it could be stuck in consolidation. Waiting to see how we react at current levels of resistance. I feel we could roll over to retest...
In the name of Allah, the Most Gracious, the Most Merciful. THIS IS RISKY TRADE SO TRADE ONLY IF YOU CAN TAKE RISK. SELL EURGBP : 0.84100 1st Target : 0.80660 2nd Target : 0.77209 Stop loss: 0.86841 Risk: 271 pips, Reward: 691 USE 0.01 LOT ONLY. IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY. HOW TO TRADE ON OUR SIGNALS. We Explain above you...
The strong pound shows us on EURGBP that we will fall even lower. When the price will meet 0.835 area I will look to buy this pair to at least 0.85 and from there we could go even lower down to 0.8 area. Look for a confirmation if you want to buy it from 0.835 - wait for it, don't rush into a buy.
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Price is expected to move upwards but will take some time to grow !!
EURGBP Constantly Pushing lower, looks like EG might be able to sustain below 0.85 we need to let this play out for now but it is looking really interesting. I am favoring a retest of 0.85 where we will either bounce or break.
EURGBP Looking like we could just melt to the downside. I feel we could push down about 40-60 pips then we could see price reject off support and immediately push back above 0.85
(EURGBP) Very strong weekly support at .85, so I feel we could start climbing back up to 0.87 before that happens like I said I feel we are going to push down a bit more.
After EURGBP tapped previously anticipated key level 0.85 I feel we could be seeing a reversal in trend soon. A bit too early to tell but this pair is shaping up very nicely.
EURGBP Still floating around 0.85 we could be seeing a really good long trade soon. I feel price could dip a bit lower under 0.85 before reversing to the upside. So I will be waiting patently for now.