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Eurgbpsignal

EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is on the UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. The reason for NEGATIVE SENTIMENT in EUR is USD SELL. All MARKETS including STOCKS are UP due to MARKET RISK being ON. It affects the EUR in a big way. - EURGBP can definitely go up to the SUPPORT LEVEL below. The reason for that is that there is a good DOWN SIDE BIAS in the MARKET for USD, so there is a POSITIVE SENTIMENT for EUR at the moment. Accordingly, EURGBP may be slightly down until the 0.8443 level. And after that EURGBP can go up to 0.8711 LEVEL.
by benny_marshall
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. The reason for NEGATIVE SENTIMENT in EUR is USD DEMAND. Due to MARKET RISK OFF, all MARKETS including STOCKS are DOWN. It affects the EUR in a big way. - Definitely, EURGBP can fall to the SUPPORT LEVEL below. The reason for that is that there is a good UP SIDE BIAS in the MARKET for USD, so EUR has NEGATIVE SENTIMENT at the moment. Accordingly, EURGBP can go down to 0.8352 LEVEL. And after that EURGBP can be BUY to the 0.8711 LEVEL.
by benny_marshall
EURGBP - SHORT - BASIC SUPPORT & RESISTANCE ANALYSISEURGBP - SHORT - BASIC SUPPORT & RESISTANCE ANALYSIS In this chart, im looking from 3 perspective. 1) Supply & Demand 2) Trend 3) Significant S&R Level. SL - 20 PIP TP : RR / 60 #TAYOR My main indication is the H4 Double top has been consume at price 0.86764. Which make the movement is bearish . From that point of view, the price respected the trend point of view. Then price doing engulfing movement which i circle in the picture. So my point of view, it's relevant to take short at PRICE : 0.85986 as its the only price that near fresh base and significant resistance level . #EURGBP
Short
by bobclub39trade
2
EURGBP June W.5: Long-term trend signalHi friend, I hope y'all having a profitable week ;) Today, we have a long-term trade on this baby. I've been waiting for this trade for 3-4 weeks; I shared an idea on it that failed this month (check the previous posts). Despite that, we got another opportunity, so let us look at how the trade triggered and how we will get out exit signal. Bulls: -When the price bullish broke and retested the Weekly Neckline together with the 50 and short-term m.a's, it triggered our first trade that we didn't catch. After it did that, it proceeded to bullish break and retest 3rd Weekly Key Lvl on the lower time together with the 200 m.a that's visible on my MT4 chart. So we got 2 trades here, but we hopped on 1 trade, and I call the trade we're in, a "Double Bottom A-E.2 BUY signal". Bears: -If the price closes with a bearish reversal candle pattern below the 4th Weekly Key Lvl and 200 m.a, that's followed by a bearish break and close below the 8 m.a, then we'll close my trade. That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section or in private, I'd love to know you thoughts! Stay Blessed, Doji-2k1.
Long
by Doji-2k1