Preferred direction: SELL Comment: The price did not approach the level of 1.09000 , at least in the first half of this week, and the euro quickly fell to 1.08000 . In the short term, the decline is likely to continue. An important point, of course, will be today's statistics from the US on GDP , the labor market, and so on. We consider two scenarios,...
Hi folks today I'm prepared for you British Pound analytics. Some time ago price rebounded from the resistance level, which coincided with the resistance zone, and tried to rise, but failed and in a short time turned around and made a strong impulse down to the support level, breaking the 0.8570 level. After this movement, GBP turned around from the 0.8530 level...
Preferred direction: BUY Comment: Since last week, as well as earlier, we have maintained a confident long position on this currency pair, which we continue to do. The current trading week will be more eventful with the publication of economic data; we will be especially interested in inflation in the United States. You can also find long entry points around...
Good Day Everyone Upon canceling pending oders and buy oders the ascending channel structure hold and we saw a bullish rally to the upside we currently correcting this move inside a ascending channel structure which could be signalling continuation to the upside looking for a rejection at the base of the ascending channel and a push to the upside to confirm the...
EURGBP has completed a butterfly. It looks poised to drop further. For a butterfly, SL has to go around XA 1.618. TP will be the 382 and 618 retracement of AD. Has been a really great month so far, hope you guys are doing great too! Good luck and good trading!
Looks like a bearish bat harmonic is forming on FX:EURGBP . Possible targets are 0.382 w/ RR 1:1, 0.618 w/ RR 1:2 and 0.786 w/ RR 1:2.8. 0.786 retracment is right above last weeks S1 pivot. As it's a trend continuation trade further targets could be possible.
FXBackYard |FREE| Buy #EURGBP @ Current price <> TP: 0.84317, SL: 0.83217 www.facebook.com
Buy #EURGBP @6AM NY time price <> TP: 0.86744, SL: 0.86344