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Eurgbpbearish

(EURGBP) - Daily - Speculation & Analysis 31-08-16Hello Traders ! We have a broken trend line on daily time frame and RSI divergence, we are also bullish fundamentally in GBP pairs. This looks like a good opportunity to short this pair, you can either short now or wait for a pull-back or consolidation and short then. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Liability Disclaimer : All trades posted here are my personal view of the market. If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- - Improve you Forex trading accuracy using Mongers Kit Mongers Kit is complete traders toolbox, with all the data and news you need to have successful trades. Mongers Kit is packed with features such as : 1) order flows in real time. 2) current open positions from 4 different brokers. 3) real time news update. 4) T.V and Radio to your favourite channels (Blomberg, CNN, ABC, etc). 5) Dynamic sessions - see all the rises and falls in each session. and much more, get your kit now at www.mongerskit.com If your my follower, you get 20% discount on your purchase of Mongers Kit. Contact me for more details.
Short
by Tradesmanship
4
EURGBP Short - 0.86100EURGBP has retraced up to the 38.2 fib level from the most recent swing low which has given me an aggressive short entry point back down to the previous lows at the 0.84900 level. We are overbought on all timeframes from the 4hr down which has given me confidence to bag at least 20 pips or so profit from this trade. My mid-term bias however is bullish up to the 0.86100 level which has proven to be strong support in the recent past; support turns to resistance and so I will look for a longer term short position from there.
Short
by Mase_00_7
3
EURGBP Market Analysis and Trading Tips 17th August 2016Traders, 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 bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 0.8655 Support at the level of 0.8639. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair. INDICATORS:- MACD is sustaining in its negative territory indicating the bearish trend in the pair. RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair. STRATEGY: EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it. All the best with this pair and please do not over leverage, we can keep a tight sl on this. GL www.tradingsignalreviews.com
Short
by TheBanker
6
#RoadtoMonaco - EUR/GBP August 1st 2016SUMMARY: The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8416 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 0.8458 Support at the level of 0.8416. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair. INDICATORS:- MACD is sustaining in its negative territory indicating the bearish trend in the pair. RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair. STRATEGY: EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it. www.tradingsignalreviews.com
Short
by TheBanker
3
EURGBP 500+ Pip Opportunity - 25/7/16SUMMARY: The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8319 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 0.8404 Support at the level of 0.8319. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair. INDICATORS:- MACD is sustaining in its negative territory indicating the bearish trend in the pair. RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair. STRATEGY: EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it. Likes and comments appreciated guys, thank you for all your continued support! www.tradingsignalreviews.com
Short
by TheBanker
5
EURGBP Potential reversalEURGBP could be facing a potential reversal, looking at all the signs. I have explained the crucial areas on the chart, but I will go over it in more detail. On chart: As we can see, the pair is closing in resistance at 0.8, which is working as a strong resistance, but due to it being a physiological level, but also because it has held multiple times throughout the charts timeperiod. However if the resistance is broken, then we have the TL from 2011 and Fibonacci 61.8 as the next two levels the price need to challenge. After that we have the TL from 2008, which is fairly strong. The price is moving towards Fibonacci 61.8, which is a strong fibonacci level. Even though the price has broken fibonacci 50, it struggled a lot at this level. The candle formed is an hanging man, which could be signaling a reversal. Indicators: RSI is close to where it was in January 2013, where the reversal from a new uptrend happened, continuing the longer term trend. RSI is also overbought, as well as struggling along the RSI resistance zone, where the price has reversed multiple times throughout the timeframe for this chart (1994-2016) MACD is at the same level it was in March 2013, when it confirmed the continuation of the downtrend. EMA 200 the price is struggling at this level, however if EMA 200 should be considered a strong resistance/support on this pair is up for question, as the pair tend to ignore the indicator. Volume has been reduced significantly. Position: Entry 1, 0.7930 Entry 2, 0.7990 SL 0.82, above TL 2011 TP 0.7 Tips: Trail the stop loss, split up your planned position to reduce your risk. Increase as the pair moves in your direction.
Short
by AndreM.Moldegard-Eriksen
Forex Analysis and Trading Tips - EURGBP EUR/GBP ( DAILY ) RECOMMENDATION: BUY SUMMARY: The secondary trend of EUR/GBP is bullish on charts and price is trading above the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 0.7900 and support at the level of 0.7690. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair. INDICATORS:- MACD is sustaining in its positive territory indicating the bullish trend in the pair. RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair. STRATEGY: EUR/GBP is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
Long
by TheBanker