Eurgbpbullish
#EURGBP, The trend continues with a very weak poundThe eurgbp above the important moving average lines (200,100,50).
The above upward trend has been going on for about 3 years and there are no technical signs of a change in the trend.
The eurgbp crossed its resistance this week at 0.9038 and is on the way to test its next resistance at 0.9284
Target: 0.9284.
EURGBP approaching support, potential for a bounce!
EURGBP is expected to drop to 1st support at 0.89116 where it could potentially react off and up to 1st resistance at 0.89615.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
QUICK->>FREE ANALYSIS ON EURGBP - ENTRY & EXITFREE ANALYSIS ON EURGBP
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EURGBP approaching resistance, look out for potential reversal!
EURGBP is approaching its resistance at 0.90249 where it is could reverse down to its support at 0.90016.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EUR/GBP : Sell After 3rd Touch Confirmation 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 !!
Next Key Levels for EUR/GBP Per Investing.comThe cross is receding 0.06% at 0.8978 and a break below 0.8948 (21-day SMA) would expose 0.8872 (low Jun.20) and then 0.8826 (low Jun.5). On the flip side, the next hurdle is located at 0.9010 (monthly high Jul.10) seconded by 0.9062 (low Jan.11) and finally 0.9092 (2019 high Jan.3).
EURGBP BUY LONG DEMANDI'm eyeing a Demand Zone on the 15min chart that actually looks better on the one hour. If price drops to 0.89653, I'm expecting it to rally for at least 3:1 RR, since the price is up-trending on a higher time frame despite appearances on the trading time frame.
FREE ANALYSIS ON EURGBP - MASSIVE FALL COMINGFREE ANALYSIS ON #EURGBP
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15 Min
Price just broke down my 100 WMA and 150 EMA. Price was rejected at the top trend line. MACD and Stoch RSI showing bearish divergence also.
1 HOUR
Buys still in the Market so be careful MACD & STOCh Rsi both showing bearish divergence. Price above all 3 MA's. Best to wait for break in black trend line
4 HOUR
We are in the sell region and price also forming a flag. Expecting drop soon. MACD again showing bearish divergence.
OVERALL
Bearish Outlook expecting the bearish momentum to continue
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EURGBP reversed from resistance, potential drop!
EURGBP reversed off its resistance at 0.89931 where it could potentially drop further to 0.88360.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP reversed from resistance, potential drop!
EURGBP reversed off its resistance at 0.89935 where it could potentially drop further to 0.88725.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP reversed from resistance, potential drop!
EURGBP reversed off its resistance at 0.89944 where it could potentially drop further to 0.88725.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
FREE ANALYSIS ON EURGBP - BIG DROP COMINGFREE ANALYSIS ON EURGBP
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1 HOUR
This is more bearish. We could see some minor bearish move. Personally i am waiting for the bigger move down.
4 HOUR
Possible Ending diagonal forming. MACD and Stoch RSI both showing bearish divergence.
DAILY
Price Broke above all MA's. we are looking at a resistance level between 0.90100 and 0.90700. Watch out for break down. MACD & Stoch RSI both above the over bought level and turning down. Importantly Stoch RSI also showing a possible bearish hidden divergence.
OVERALL
Expecting a bullish move to unfold on this pair in the next week.
-
Thanks for reading
See previous analysis
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EURGBP reversed from resistance, potential drop!
EURGBP reversed off its resistance at 0.89817 where it could potentially drop further to 0.88602.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP approaching support, potential for a bounce!
EURGBP is expected to drop to 1st support at 0.88747 where it could potentially react off and up to 1st resistance at 0.89861.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP approaching resistance, look out for potential reversal!EURGBP is approaching its resistance at 0.89817 where it is could reverse down to its support at 0.88602.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP reversed from resistance, potential drop!
EURGBP reversed off its resistance at 0.89817 where it could potentially drop further to 0.88602.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP reversed from resistance, potential drop!EURGBP reversed off its resistance at 0.89817 where it could potentially drop further to 0.88602.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP bounced from support, potential for a further rise!EURGBP bounced off its support at 0.88812 where it could potentially rise further to its 0.89817.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURGBP bounced from support, potential for a further rise!EURGBP bounced off its support at 0.88812 where it could potentially rise further to its 0.89817.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
