(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.
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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.
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Eurgbptrend
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
#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
(EURGBP) Monthly and Daily - speculation & analysisMonthly and Daily -
We had a monthly descending triangle which has broken to the upside, we also had a pull-back and a correction in the daily time frame. At the same time we have a bullish flag in formation in the daily frame. Upside is preferred if we break the yellow trend line after another small pull back.
However if we go below the blue line, this would be considered as a fake break out and we going back to the descending triangle once again, which then we will probably test the bottom again.
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.
MongersKit
Mongers Kit is complete traders toolbox, with all the data and news you need to have successfull 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) TV and Radio to your favourite channels (Bloomberg, 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.
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
Long EURGBP: Bullish Bat PatternHey Guys,
We got potential bullish bat pattern which is in C to D move of pattern completion, so lets place our orders to buy EURGBP. As said earlier in post itself stops goes below X level of the pattern and depending on your risk:reward choose your entry n stops if you are taking this trade.
Hit some likes if you agree with the idea, Thanks for your support
Happy trading !!
Short it I have already posted the 4h chart for this pair but it even looks better on weekly trade for all you long term traders.
we are looking at a lot of potential pips here, its a great moment now to catch the falling knife.
- Trendline broken
- RSI starting to head south
- take a look at that beautiful MACD formation too.
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.
Today's ChartThe primary trend of EUR/GBP is bullish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly 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 0.7665 and support at the level of 0.7525. 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.
www.tradingsignalreviews.com
EURGBP Could this be the end of the Monthly correction as well?This is the corrective structure of a weekly impulsive down move. If this breaks up with a motive wave we might be in for a very long bullish trend. If it breaks to the down, it means the correction is still in progress and could go down to the 127% or even 161.8% (overlapping the monthly 76.4%) marked on the chart.
All this is happening around the 61.8% fib retracement of the Monthly wave up.
This is only to have an idea about the longer trends, so we can place our short term orders accordingly.
What do you think?