EURGBP

Posts: 90 · #16 - February 08, 2019, 10:09:32 AM

Quote from: Uceng on February 08, 2019, 09:34:55 AM

The possibility for the price of the eurgbp pair to resume its bearish performance is indeed very large, but for the normal London session for me.

for the london session, the movement is not too significant, we just wait for more details.

Posts: 115 · #17 - February 08, 2019, 10:10:55 AM

today is Friday , very slow London session i see if 0.8788-90 will hold still bears are in the control and there is a possibilty to test yesterday's Lows . we will see later/.

Posts: 63 · #18 - February 08, 2019, 10:16:33 AM

Quote from: Setiafx on February 08, 2019, 10:09:32 AM

for the london session, the movement is not too significant, we just wait for more details.

waiting sometimes is the best choice to enter the market

Posts: 63 · #19 - February 08, 2019, 04:15:49 PM

In my opinion, for the future EUR / GBP will still tend to go down, om. The trendline that I put in the H1 frame has been able to be penetrated, actually it's not trenline. I call the trenline so it's easy to mention. Awesome bar has also crossed below 0.00. EUR / GBP is still Bearish. Traget me EUR / GBP will go down to 0.8622. So those who want to open Sell positions are highly recommended. Stop Loss can be placed above Resiten H1

Posts: 115 · #20 - February 08, 2019, 05:41:34 PM

area 0.8770-80 still good place for shorts , but i doubt it will reach this level today.. the markets are dead almost....

Posts: 90 · #21 - February 08, 2019, 11:43:23 PM

Quote from: MaxiMillion on February 08, 2019, 05:41:34 PM

area 0.8770-80 still good place for shorts , but i doubt it will reach this level today.. the markets are dead almost....

thank you for the useful analysis for eur gbp closed with a downward movement and most likely still going back down again if observed from the H4 time frame.

Posts: 115 · #22 - February 09, 2019, 01:13:19 AM

Quote from: Setiafx on February 08, 2019, 11:43:23 PM

thank you for the useful analysis for eur gbp closed with a downward movement and most likely still going back down again if observed from the H4 time frame.

we will see what will happen on Monday, but still bearish view

Posts: 90 · #23 - February 09, 2019, 01:17:23 AM

Quote from: MaxiMillion on February 09, 2019, 01:13:19 AM

we will see what will happen on Monday, but still bearish view

both our analysis and hope that Monday will come back down again on Monday.

Posts: 170 · #24 - February 09, 2019, 02:27:08 AM

Quote from: NurulFx on February 06, 2019, 03:52:49 AM

Greetings to all of us, I started with EURGBP pair analysis.from elliot wave analysis where the price is currently at the end of the wave a. the estimated a wave will be held in fibo ferret 6 level resistance, but there are still areas of level 4 H4 that must be pursued. but from H1 data I see the ending pattern diagonally at the end of wave A so I try to take sell options with target area level 6 or near the level 2 area.

My comments regarding this eurgbp are indeed technically possible for the pair to rise higher especially when viewed from large timeframes like H4 and Daily it is very possible to go up

Posts: 205 · #25 - February 09, 2019, 05:42:27 AM

EURGBP ANALYSIS

EURGBP is experiencing a Bearish trend phase.
The price of 0.8756 is now under the Moving Average Daily.
We observe the EURGBP chart currently moving from 0.8813 to 0.8727,
The CCI indicator is currently below Zero Level (-35.67).
Meanwhile the price is below the Parabolic SAR.
The current Daily Range for EURGBP is 11 pips.

Posts: 18 · #26 - February 09, 2019, 07:36:17 AM

The opening price is below the 0.8764 pivot which indicates a downtrend.

The MACD Histogram is below the zero level.

Indicator Parabolic SAR (step 0.02, max 0.2) indicates the price is heading down.

Trading recommendations: Sell.

TP: At the support level.

SL: One level above the entry point.

Posts: 21 · #27 - February 09, 2019, 12:33:16 PM

if technically; eg pair trading a few days ago did indeed get traded up but ahead of the market closing session this week the pair eg at the h4 time frame was traded down by passing the supot area the upward trend. and it looks like the Gmail trades that will load the pair eg will be traded will go down to the nearest destination zone

Posts: 70 · #28 - February 10, 2019, 02:12:54 AM

My prediction is that tomorrow ia still stable like friday yesterday

Posts: 94 · #29 - February 10, 2019, 04:22:33 PM

Quote from: NurulFx on February 06, 2019, 03:52:49 AM

Greetings to all of us, I started with EURGBP pair analysis.from elliot wave analysis where the price is currently at the end of the wave a. the estimated a wave will be held in fibo ferret 6 level resistance, but there are still areas of level 4 H4 that must be pursued. but from H1 data I see the ending pattern diagonally at the end of wave A so I try to take sell options with target area level 6 or near the level 2 area.

Please allow me to share the analysis in the commentary. In my opinion, this pair will be bearish again according to the main trend.
At TF Daily a candle three black soldiers pattern appears which can be a sign of deeper bearishness. But do not rule out the possibility for a little correction upwards, as long as the highest of the 3 candle pattern has not been broken out, it is still valid to show sell signals.

For next week's trading plan, eg, I will focus more on selling, sell when prices test resistance or sell when prices breakout support on smaller TFs.

Posts: 115 · #30 - February 11, 2019, 11:24:11 AM

Quote from: MaxiMillion on February 08, 2019, 05:41:34 PM

area 0.8770-80 still good place for shorts , but i doubt it will reach this level today.. the markets are dead almost....

and here it is monday still the same zone is bearish , every upmove is good for short below this level , now the price try go lower from today;s high on 0.8773.
screen below
EURGBP in Technical_index