EURGBP: Short Trading Opportunity EURGBP - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURGBP Entry - 0.8391 Sl - 0.8414 Tp - 0.8354 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals112
EURGBP has just started its bullish phaseafter breaking LH the trend moved upwards strongly and marked its new HH and now it is making its HL probably at the .382 fib level. Trade plan has been shown on the chart Longby faisal-1010
EURGBP BULLISHEURGBP bullish in h4 wait for retracement and to complete it C of ab=cd pattern .50% fib level is good for buynigLongby shahid7670
Change the trend It is expected that the corrective trend will form up to the specified support levels, then there will be a possibility of a trend reversal and the start of an upward trend. If the strength of the 78.6% level is broken, the continuation of the downward trend is likelyLongby STPFOREX0
EURGBPIf the analysis aligns with the market's actual direction, and the currency pair moves in the anticipated direction (up for a buy trade or down for a sell trade), the trade will likely yield a profit. The magnitude of the profit will depend on the size of the price movement, position size, and leverage used.Longby FXNestFX1
EURGBP-SELL strategy 3-hourly chartThe pair is overextended short-term,even though we understand the underlying conditions why. The facts are, we are overstretched, and it requires some pullback short-term. Strategy SELL current 0.8435-0.8450 and take profit around 0.8375 or slightly lower. SL based on personal risk appetite.Shortby peterbokma3
Could the EUR/GBP reverse from here?The price is rising towards the pivot and could reverse to the 1st support level. Pivot: 0.84541 1st Support: 0.84046 1st Resistance: 0.84860 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Shortby ICmarkets2210
EURGBP with two probabilities for 11/1/2024This is my idea Nbr 24 after 20 ✅️ EURGBP with a high probability to make the decision for 11/1/2024 ✅️ : 🔸️If the price exceeds the green bar 🟩, with the bar closing in the hour above: there will be a high chance of entering a purchase as indicated in the chart, respecting the day, news and the stop loss. 🔸️If the price exceeds the red bar 🟥, with the bar closing in the hour below: there will be a high chance of entering a sale as indicated in the chart, respecting the day, news, and the stop loss.Shortby Abderrahmane_241
EurGbp is bullishEur/Gbp is heading down according to the Htf so i will be anticipating to take advantage of the internal structure on D1 tf that shows strong bullish momentum. I will see how it goes. Happy trading.Longby ellcothleoma021
EUR_GBP SHORT FROM RESISTANCE| ✅EUR_GBP will soon retest a key resistance level of 0.8460 So I think that the pair will make a pullback And go down to retest the demand level below at 0.8428 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx113
EUR/GBPIn financial markets, "AB=CD" is a harmonic pattern that traders use to predict potential reversals or continuations in price movements. It's named after its basic structure: the price forms two legs (AB and CD) that are equal in time and price magnitude. A "bullish AB=CD" pattern suggests that the price is likely to rise. Traders look for specific Fibonacci ratios between the lengths of AB and CD, typically 0.618 or 1.618, to confirm the pattern. When these ratios align, it's seen as a signal that the price may continue to rise after completing the CD leg. However, like any technical analysis tool, it's not foolproof, and traders often use it in conjunction with other indicators and analysis methods to make informed decisions.Longby B9A-88652-NisarAhmad2
EURGBP Potential DropHi there, EURGBP appears bearish on the M30 chart, with a price target of 0.83425 and a bias of 0.83200. Monitoring will be necessary due to a lack of clarity in momentum. Happy Trading, K.Shortby KhiweUpdated 2
Support test and possible ignition move in the EURGBP.EUR/GBP is sitting in a significant support area on the daily chart, marked by a descending trendline (which was broken in yesterday’s candle) and a horizontal level of support that comes all the way from 2022. Below are some key points about the pair at the moment: Horizontal Support at Lowest time since 2022: The orange line on the chart marks a critical support area, coinciding with the lowest price recorded since 2022. This horizontal support suggests a strong turning point where sellers seem to be losing steam, which could indicate a possible reversal if the price remains above this level. Bullish Engulfing Pattern: On September 30, in the daily chart a Bullish Engulfing pattern has recently formed after the price touched the support area. This pattern, characterized by a bullish candle completely engulfing the previous bearish candle, signals renewed interest from buyers and potential bullish momentum in the coming days Break of downtrend line: On September 30th, EURGBP showed the beginning of a break of a downtrend line that has been in place since August 8th. This also indicates a potential increase in buying interest in this region. Fibonacci Levels as Potential Targets: The 0.382 and 0.5 Fibonacci levels stand out as potential targets for an upward correction. The red zone near the 0.5 level (around 0.8460) is an important resistance point, which could serve as a target if the price maintains its recovery. Resistance and Support: The orange line at the 0.8339 level represents a critical support zone. On the other hand, the region near 0.8460 (0.5 Fibonacci level) is a potential resistance and target for buyers if the bullish momentum continues. Considering these factors, an upward move could occur if the price remains above the support, with a possible target for levels near 0.8460. Alternatively, a break below the horizontal support and the descending trendline could trigger renewed selling pressure, driving the price to lower levels. Watch for NonFarm Payrolls (NFP) on Friday: Traders interested in EUR/GBP should also keep an eye on the upcoming US NonFarm Payrolls (NFP) report, which is due out on Friday, November 1. This economic indicator affects the dollar directly, but it can also impact global market sentiment, influencing pairs such as EUR/GBP. A strong NFP reading could lead to an overall strengthening of the dollar, which could indirectly affect the euro and pound, while a weak reading could have the opposite effect. Disclaimer: 74% 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. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested.Longby Marketscom2
Sell OpportunityTrade Idea: Sell EUR/GBP Entry: 0.83730 1st take Profit: 0.83529 2nd Take Profit: 0.83200Shortby GODOCM0
EURGBP stalling at the 61.8, but is bullish now. Intraday Update: The EURGBP has found very strong resistance at the .8383 level, the 61.8% Fibonacci retracement level of the Oct 10 highs to Nov 4th lows. A break of this level would open a move beck to the mid .84's. Longby ForexAnalytixPipczar112
DeGRAM | EURGBP has reached a resistance levelEURGBP is between the trend lines above the ascending channel. The price has already reached the trend line and resistance level, which have already acted as pullback points. We expect a decline. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAM4411
EURGBP Potential Bullish ReversalHi there, EURGBP is experiencing bearish momentum below the trendline right now. A break below 0.83217 could signal a continuation of the bearish trend, targeting a bias of 0.82000. It will need to be monitored as there is meaningful bullish pressure in the current candlestick. Happy Trading, K.Shortby KhiweUpdated 3
EURGBP is BullishBulls have assumed control of the price action after the emergence of bullish divergence on four hourly time frame. Previous lower high is broken successfully and if the momentum sustains then we can expect further upside in price action. Targets are mentioned on the chart. Longby Fahad-Rafique1
EUR/ GBP ! 10/31 ! resistance SELL NOW EUR/ GBP trend forecast October 31, 2024 EUR/GBP trades slightly lower near 0.8360 early Thursday in Europe, easing after gains from the previous session. However, the Euro may find support as investors reduce expectations for a large ECB rate cut in December, following stronger-than-expected economic data from the Eurozone and Germany on Wednesday. Focus now shifts to Thursday's release of the Eurozone HICP. H1 resistance - selling pressure exists in this area, besides, today's EUR news data is also predicted by experts to be bad, creating conditions for price to decrease. /// SELL EUR/GBP : zone 1.83780 - 1.83980 SL: 1.84250 TP: 60 - 120 - 200 pips (1.81980) Safe and profitable tradingShortby Moon-ForexAcademy112
EURGBP Bullish Momentum: Key Resistance at 0.84083Hello, OANDA:EURGBP has begun its bullish ascent! While the overall trend remains bearish, it’s now positioned well for additional upward movement. A key resistance level to watch is 0.84083. If the price breaks above and holds at this level, we can expect further gains! TradeWithTheTrend3344 by TradeWithTheTrend33442
Expecting price to continue trending downwards to major supportEntry: 0.86030 TP1: 0.8383 TP2: 0.82 SL: 0.865 There is a good chance price will reverse the medium-term uptrend from this current level and continue the long-term downtrend to our institutional support level around 0.82. Daily RSI well overbought, arrived at weekly 200 moving average, arrived at major resistance level, retesting long-term down trending line level.Shortby CJBlueNortherUpdated 1112
EURGBP The Target Is DOWN! SELL! My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8342 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.8320 Recommended Stop Loss - 0.8354 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK Shortby AnabelSignals2
EURGBP to find sellers at market price?EURGBP - 24h expiry The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Preferred trade is to sell into rallies. Selling spikes offers good risk/reward. 20 1day EMA is at 0.8343. We look to Sell at 0.8355 (stop at 0.8375) Our profit targets will be 0.8290 and 0.8280 Resistance: 0.8322 / 0.8340 / 0.8352 Support: 0.8315 / 0.8295 / 0.8280 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Shortby OANDA115