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Eurgbp!

EURGBP My Opinion! SELL! My dear friends, Please, find my technical outlook for EURGBP below: The price is coiling around a solid key level - 0.8565 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8556 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
Strong Reversal w/ Higher Levels In Sight - EGHere I have EUR/GBP on the 4 Hr Chart! On Feb. 26th, EG had made an IMPRESSIVE Double Bottom Pattern @ .85281 and has been stretching HIGHER! Zooming out to the Bigger Picture you can see there is an even STRONGER reversal pattern possibly at play getting ready to complete!! -The Inverted Head & Shoulders! With the NEW LOW @ .84981 on Feb. 14th, followed by the HIGHER HIGH @ .85784 on Feb. 20th, the Price decline on the 26th was a mere 38.2% Fib'd Pullback off that HIGH creating our HIGHER LOW giving a sense that the BEARS have lost their strength and BULLS could be taking over! Now this IH&S could be the beginning of what seems to be a possible Elliot Wave forming on Higher Time Frames so we could potentially see price Hit our Range Target @ (.86575 - .86881) and then push even HIGHER! (Fundamentals will be KEY) -But UNTIL then .. in order for our idea to be VALID, price MUST Break and Close above our CONFIRMATION of Pattern @ .8572 -Even though our Right Shoulder didn't meet with the Left causing an underdeveloped pattern, INVALIDATION of Pattern @ .85131
Long
by Novi_Fibonacci
1
Strifor || EURUSD-01/03/2024Preferred direction: BUY Comment: In the longer term, the euro continues to be viewed more in favor of the buyer. It should be noted the local strength of the US dollar and at the moment only the Canadian currency and metals can resist the US currency with the greatest effectiveness. Regarding EURUSD , we will consider two scenarios, where both involve updating local lows and most likely there will be a re-test of the level of 1.07500 before growth. As mentioned earlier, the target for medium-term growth is located at the level of 1.09000. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Viktor_strifor_analyst
1
Strifor || GBPUSD-29/02/2024Preferred direction: BUY Comment: Today, a rather large amount of economic data from the United States is expected. Against this background, we have an active long trade in the pound , where, according to scenario №2 , we expect growth to the level of 1.27500 . During the publication of data, it is possible that the price will fall, but not below the level of 1.26000 . It is unlikely that there will be an update of the minimum near the level of 1.26000 before the price reaches the level of 1.27500. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Viktor_strifor_analyst
1
Strifor || EURUSD-28/02/2024Preferred direction: BUY Comment: In the middle of the trading week, we continue to adhere to the buy-priority for the euro. However, there are some notes. Previous long trades were closed manually. Let us recall that previously we adhered to scenario №2 , where the long was near the 1.08000 level area. There are two busy days ahead for economic indicators, especially Thursday. So far, the more medium-term picture is in favor of the buyer, but the medium-term picture is in favor of the seller. According to scenario №1 , one can wait for the formation of the entry point for a long position at the level of 1.08000 . Scenario №2 involves gaining a position slightly above the level of 1.07500 . Two scenarios are considered simultaneously. That is, we are dealing with a step-by-step system of accumulation of the position. We place the target at the level of 1.09000 . Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Viktor_strifor_analyst
1
HelenP. I British Pound can continue to rise to resistance levelHi folks today I'm prepared for you British Pound analytics. A not long time ago price declined to the 0.8520 support level, which coincided with the support zone, and at once rebounded and started to move up. But later, GBP turned around and made an impulse down to the trend line, thereby breaking the 0.8520 level. After this movement, the price entered to wedge, where it rebounded from the trend line and made a strong impulse up to the resistance zone, which coincided with the resistance level, breaking the support level one more time. Then GBP made little correction from the resistance zone and later started to rise to the resistance line of the wedge. Soon, the price broke the 0.8565 level and even rose higher than the resistance line of the wedge, but in a short time later it turned around and fell back, making a fake breakout. GBP some time traded near the resistance level and then fell to the trend line, after which it turned around and soon rose back to the resistance level. But recently price rebounded and at the moment, GBP trades below in wedge. For my mind, I expect that British Pound will rise to a resistance level and try to break it. If the price does this, GBP can make a retest and then continue to move up. So, that's why I set two targets, the first target at the 0.8565 resistance level, and the second - at the 0.8580 level, which coincided with the resistance line of the wedge. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
Strifor || GBPUSD-Week StartingPreferred direction: BUY Comment: Probably the most confident major currency pair in terms of buy-priority for the upcoming trading week. The basis for the long was laid over the previous week, and even if a small downward correction can be expected at the beginning of the week, the buy-priority is still relevant both for the medium term (which we talked about earlier, and we continue to adhere to this priority), as well as for short-term trading. At the moment, there is a pressure to the level of 1.27000 , and it is expected that the breakdown will not be long in coming this week, and the instrument will rush to the first target at the level of 1.27500 , and then to 1.28000 . We should say that near the level of 1.28000 , the price will most likely bounce down. Thank you for like and share your views!
Long
by Viktor_strifor_analyst
1
Strifor || EURUSD-Week StartingPreferred direction: BUY Comment: At the beginning of the new trading week, we continue to adhere to the buy-priority for the EURUSD currency pair. It should be noted that this trading week is quite filled with economic data, especially Thursday will be rich in data. Among the major currency pairs, not all are inclined to at least some growth against the US dollar . For example, a relatively small increase towards the level of 1.09000 is considered for the euro . This level is our previous goal, and we are now expecting an approach to this level as part of a re-test. Longer-term prospects are likely to develop at this level as balance format if buyers decide to move on. Another option is a false movement above this level, then the formation of a false breakout, and then a fall towards 1.08000 and 1.07000. Thank you for like and share your views!
Long
by Viktor_strifor_analyst
1
Strifor || SILVER-21/02/2024Preferred direction: SELL Comment: We are also taking a pause regarding buy-priority in silver, but the medium-term prospects are still on the buyer’s side. In intraday trading, a rollback towards the level of 22.66 is expected. We are considering two scenarios, where scenario №2 assumes a rollback to resistance at 23.32 before a fall to the specified target. To a greater extent, scenario №2 is considered as a potential restart for scenario №1 . Thank you for like and share your views!
OANDA:XAGUSDShort
by Viktor_strifor_analyst
1
EURGBP Will Explode! BUY! My dear subscribers, This is my opinion on the EURGBP next move: The instrument tests an important psychological level 0.8533 Bias -Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8550 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
Double Bottom CONFIRMED! - EGHere I have EUR/GBP on the 1 Hr Chart! Price had made two very equal lows on the chart but closer look on the RSI indicator and you can see Price really is losing is Bearish influence and is looking to possibly go Bullish!! This strong reversal pattern called a Double Bottom makes me believe we could see Price push Higher after it broke out CONFIRMATION of Pattern @ .85424 and has come back to test and is already showing signs of finding possible Support @ Confirmation! INVALIDATION of Pattern @ .85289 First Target Range is .85535 - .85593 Second Target Range is .85687 - .85745
Long
by Novi_Fibonacci
Strifor || USDCHF-23/02/2024Preferred direction: BUY Comment: The situation for the franc differs in many ways from other major currency pairs, and is more reminiscent of the situation for the Japanese yen . Here the franc continues to remain an outsider among the majors, not taking into account the Japanese yen . Even in the event of another short-term weakening of the US dollar , the franc is unlikely to show the same growth as its counterpart. Therefore, for this currency pair, we adhere to buy priority and highlight two long scenarios for ourselves. The target for this long trade is located at the level of 0.89032 with further growth prospects. Thank you for like and share your views!
Long
by Viktor_strifor_analyst
1
EURGBP H1 | Potential bullish breakoutEURGBP could continue to rise and breakout of our buy entry to climb higher. Buy entry is at 0.85550 which is an overlap resistance that aligns closely with the 38.2% Fibonacci retracement. Stop loss is at 0.85400 which is a level that sits underneath the overlap support Take profit is at 0.85707 which is a multi-swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
EURGBP: Rejection on the 1D MA50. Sell signal.EURGBP is technically bearish on the 1D timeframe (RSI = 37.174, MACD = 0.000, ADX = 32.150) as it is extending the selling since the December 28th 2023 High near the top of the 1 year Channel Down. For the last 3 days it has failed to cross over the 1D MA50, even though it got too close, and a rejection today can start a bearish wave of minimum -1.78%, much like July 11th 2023. Consequently we are short with TP = 0.84250, even though the long-term extension can even be at -4.04% or even the 2.0 Fibonacci level. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
Strifor || GOLD-22/02/2024Preferred direction: BUY Comment: Buyers of gold have laid down a fairly serious prospect of growth towards the level of 2060 . Previously, we talked about the likely formation of a balance at the level of 2040 , and that most likely thereafter there will be growth above this level towards local highs. However, given the intense news background and, most importantly, the technical picture, there is a high probability that this will happen earlier than we expected. Thank you for like and share your views!
OANDA:XAUUSDLong
by Viktor_strifor_analyst
1
Strifor || GBPUSD-22/02/2024Preferred direction: BUY Comment: The British pound , like the euro , has strong current positions for short-term buyers, one might even say that it looks even more confident than the euro . The previously published medium-term long trading idea with a target at the level of 1.27500 is still relevant and scenario №1 is in the works. Today the publication of American statistics is also expected, so the day promises to be rich in volatility until its end. After a slight pullback, as well as likely volatility in the American session, buyers will seek to update today's high. Thank you for like and share your views!
Long
by Viktor_strifor_analyst
1