EURGBP expected to rise up to 1st resistance at 0.87170 where it could potentially react off and drop down to 1st support at 0.86278. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
ANALYSIS ON EURGBP Welcome to my analysis - 2 Hour Chart - Interesting Point of interest In the EURGBP pair. - Price still below 200 day EMA. - Expecting more downward momentum. - MACD showing bullish divergence so watchout. - Bottom for BUY Stay Tuned
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With the rise in Pound, the price can further fall in the short term
this pair is showing good price action, created higher lows, big bullish hammer. I think this pair will continue trending to the upside, my plan is to take half of my trade when it hits target and SL to breakeven and let the trade run.
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !
After the powerful Double Top, we analyzed and which led to the strong declines, its good time to analyze again. The decline in a daily graph (Weekly and monthly still uptrend). You can see that the price stopped exactly on the moving average line which serves as strong support. The Stochastic with the lines at the cross, at the lowest possible level with an...
EUR/GBP is at the strong support where price got a push as soon as it touched the support line. HIGH possibilities for restest of 21 EMA
Here are the key factors to keep in mind today for Euro trades: Italian Industrial New Orders and Industrial New Sales: Italian Industrial New Orders for July are predicted to increase by 1.9% monthly and to decrease by 2.6% annualized. Forex traders can compare this to Italian Industrial New Orders for June which decreased by 0.9% monthly and by 4.8% annualized....
EURGBP SELL RALLY D1 FRAME LONG Tp1 Tp2 Tp3 ZONE TO ZONE TRADE Last 2 green lines tp 2 tp 3 (if can breakout)
EURGBP in a zone where the price can stall for some time but we still keeping our downtrend bias. We have half of our positions still opened.
Stay alert for more.
The priceline of Euro / British Pound forex trading pair has formed a bearish Shark pattern and entered in potential reversal zone. I have used sell zone using Fibonacci sequence as required for shark pattern. Soon I will post a buy back plan insha Allah. Sell between: 0.92285 to 0.93955 Regards, Atif Akbar (moon333)
FREE ANALYSIS ON EURGBP Welcome to SiriusTrading, Check out my Free #analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE :) - 4HR Price about to test previous low Nice bullish divergence 5min trend line broken up and retested. Keep an eye out for the buy
OANDA:EURGBP -----------------> Details on the chart. Pipdify, Tamilkumar