Bullish bounce off overlap support?EUR/GBP is falling towards the support which has been identified as an overlap support and could bounce tot he 1st resistance which is a pullback resistance.
Pivot: 0.8387
1st Support: 0.8355
1st Resistance: 0.8452
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.
GBPEUR trade ideas
EUR/GBP - Short Trade IdeaHere we are Respecting the Long Term Liquidity Trend In a Bearish Momentum.
We had a Large Bearish push from this previous supply zone and now I would like to see price move off this Smaller 1H Supply zone and take Sell side Liquidity.
The previous movement has show price reject the Liquidity zone as shown, we have also rejected 71% level which is the Optimal OTE area for price to respond too
Good luck to all traders that follow this. I will also be live in this trade Idea
MY WATCHLIST BIAS MIGHT CHANGE ON EG, however this is my view and not a financial advice to take on same trade. So far this week my eyes has been on Usdchf and 2 trades already delivered 7% which is more than i want for the week as i aim 10% monthly. AU i am bullish once price hit my POI. Feel free to share your analysis on EG and AU. Forgive my background noise this is my first video publish lol.. Have a nice weekend.
EURGBP Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for EURGBP is below:
The price is coiling around a solid key level - 0.8417
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8356
My Stop Loss - 0.8444
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
———————————
WISH YOU ALL LUCK
Market Analysis: EUR/GBP Gains StrengthMarket Analysis: EUR/GBP Gains Strength
EUR/GBP is gaining pace and might extend its upward move above the 0.8445 zone.
Important Takeaways for EUR/GBP Analysis Today
- EUR/GBP started a fresh increase above the 0.8360 resistance zone.
- There is a major bullish trend line forming with support at 0.8402 on the hourly chart at FXOpen.
EUR/GBP Technical Analysis
On the hourly chart of EUR/GBP at FXOpen, the pair started a fresh increase from the 0.8240 zone. The Euro traded above the 0.8360 level to move into a positive zone against the British Pound.
The EUR/GBP chart suggests that the pair settled above the 50-hour simple moving average and 0.8400. Immediate resistance is near 0.8445. The next major resistance for the bulls is near the 0.8460 zone.
A close above the 0.8460 level might accelerate gains. In the stated case, the bulls may perhaps aim for a test of 0.8500. Any more gains might send the pair toward the 0.8550 level in the coming days.
Immediate support sits near the 23.6% Fib retracement level of the upward move from the 0.8359 swing low to the 0.8447 high. The next major support is near a major bullish trend line at 0.8402.
The 61.8% Fib retracement level of the upward move from the 0.8359 swing low to the 0.8447 high is also at 0.8402. A downside break below the 0.8402 support might call for more downsides.
In the stated case, the pair could drop toward the 0.8360 support level. Any more losses might send the pair toward the 0.8265 level in the near term.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Bullish continuation?EUR/GBP is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance.
Pivot: 0.8403
1st Support: 0.8367
1st Resistance: 0.8442
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.
EURGBP uptrend - continuing⭐️Smart investment, Strong finance
⭐️EURGBP INFORMATION:
EUR/GBP extends its winning streak since March 3, hovering around 0.8440 during Tuesday’s European session. The pair gains momentum as the European Union (EU) considers boosting defense spending through joint borrowing, EU funds, and an expanded role for the European Investment Bank (EIB), with crucial decisions anticipated by June.
⭐️Personal comments NOVA:
EURGBP H1 breakout price zone retreats, continuing the uptrend
⭐️SET UP EURGBP PRICE:
🔥BUY eurgbp zone: 0.84200 - 0.84100 SL 0.83800
TP1: 0.84500
TP2: 0.84800
TP3: 0.85200
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
EUR/GBPOn Daily Chart,
Overall it's a bearish move. in the recent Bullish impulsive, it couldn't SO FAR, reach the previous high. this failiur so far, is the sighn of Bearish continuation. It seems it's creating Shooting star.
On 1 Hour chart,
it has created a "Rising Wewdge" which is the sign of reversal from Bullish to Bearish.
Just watch this pair and trade it as you wish. I will look for Bearsih reversal at the lower time frame.
Short trade
30 min TF overview
Sellside tarde
Pair EURGBP
Tue 11th March 25 2.00 pm
LND to NY Session PM
Entry and Structure - 30 min TF
Entry 0.84450
Profit level 0.84219 (0.27%)
Stop level 0.84497 (0.06%)
RR 4.91
Target fib level 0.382
Reason: Observing price action on EURGBP and the narrative of supply and demand, I assumed the price reached a pivotal supply zone indicative of a sellside trade.
Bearish reversal off overlap resistance?EUR/GBP is reacting off the resistance level which is an overlap resistance and could drop from this level to our take profit.
Entry: 0.8441
Why we like it:
There is an overlap resistance level.
Stop loss: 0.8473
Why we like it:
There is a pullback resistance level.
Take profit: 0.8403
Why we like it:
There is an overlap support level that aligns with the 23.6% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EUR-GBP Resistance Ahead! Sell!
Hello,Traders!
EUR-GBP keeps growing in
A strong uptrend but the pair
Is already overbought so after
It hits a horizontal support
Level of 0.8473 we will be
Expecting a local bearish correction
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Believe or Not follow the blue prediction for the futureEURGBP- It's really highest highs and now headed to the lowest lows. You can see the prediction in blue. Follow me and I will make you a millionaire. Trading is not for the weak and takes a lot patience.
The best way to make money in this industry is to first get a whole life insurance policy from me. Then once it is active drop some money in it. Called paid in advance. The the policy is function in paid in advance bringing the account to cash value. The account will then begin to be your infinite bank. Next 30 days later borrow against your own account and take these funds and place them into your trading account.
So the infinite account will be building 9-15% guaranteed interest each month despite you borrowing from it and the policy provide life insurance in case you get sick or disabled like me. Then trade your balance of $.01 per $100 dollars and copy and paste trades.
If you want to learn how to trade binary first before forex you should join Brandon Boyd and Dr. Josh's class.
Short trade
15min TF overview
Sell side trade
Pair EURBBP
Tue 11th March 25
05.15 am
LND Session AM
Entry and Structure - 30 min TF
Enrty 0.84365
Profit level 0.84151 (0.25%)
Stop level 0.84445 (0.09%)
RR 2.67
Reason: Price reached a pivotal supply zone 30min TF that seemed indicative of a sellside trade along with the narrative of supply and demand for direction bias.
EUR/GBP BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
EUR/GBP pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.831 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EURGBP: One More Bullish Wave AheadThe EURGBP has shown a significant bullish pattern on the 4-hour chart.
I have identified an ascending triangle, which is a bullish pattern indicating a break above its resistance level.
There is now a contracting demand zone formed by a trend line and a broken horizontal structure.
It is likely that the bulls will continue to drive prices higher in this scenario.
EURGBP H4 | Bearish Drop Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 0.8427, a pullback resistance close to the 78.6% Fibonacci retracement.
Our take profit will be at 0.8386, a pullback support.
The stop loss will be placed at 0.8463, which is a multi-swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (fxcm.com/uk):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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.
Stratos Europe Ltd (fxcm.com/eu):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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.
Stratos Trading Pty. Limited (fxcm.com/au):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au
Stratos Global LLC (fxcm.com/markets):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.