BUY FXO Forum Shares
1247
Shares in the BANK:
We BuyWe Sell
$2.1257$2.1914
Results 1 to 6 of 6

Thread: EUR/GBP Forcast

  1. #1
    Intraday Master
    Join Date
    Feb 2014
    Posts
    381
    FXO Shares
    0
    FXO Bonus
    4.110
    Thanks
    0
    Thanked 1 Time in 1 Post

    Default EUR/GBP Forcast

    after bouncing from the support level 0.7904, eur/gbp made rally towards the resistance level 0.7997 then felt to touch the kumo cloud, this may trigger a trend reversal, expecting another move towards 0.7997
    Click image for larger version. 

Name:	07-08-2014 13-09-13.png 
Views:	0 
Size:	31.0 KB 
ID:	44700

  2. #2
    Intraday Master
    Join Date
    Feb 2014
    Posts
    381
    FXO Shares
    0
    FXO Bonus
    4.110
    Thanks
    0
    Thanked 1 Time in 1 Post

    Default

    eur/gbp is bullish, the price broke the H4 kijun sen and it's above the daily kijun sen, the komu cloud started to widen once again, the price also broke the last swing high, this indicates that the pair is about to continue it's bullish trend
    Click image for larger version. 

Name:	10-08-2014 13-00-50.png 
Views:	0 
Size:	32.5 KB 
ID:	44772

  3. #3
    Intraday Master
    Join Date
    Feb 2014
    Posts
    381
    FXO Shares
    0
    FXO Bonus
    4.110
    Thanks
    0
    Thanked 1 Time in 1 Post

    Default

    eur/gbp was bearish today, we expected that the price will make a pull back to the last swing high and continue moving up, but the market went against this prediction and seems extending the retracement towards the H4 kijun sen
    Click image for larger version. 

Name:	11-08-2014 23-57-41.png 
Views:	0 
Size:	33.0 KB 
ID:	44833

  4. #4
    Intraday Master
    Join Date
    Feb 2014
    Posts
    381
    FXO Shares
    0
    FXO Bonus
    4.110
    Thanks
    0
    Thanked 1 Time in 1 Post

    Default

    as expected, the eur/gbp extended it's correctional move towards the H4 kijun sen, the price bounced from the kumo cloud and trading below the H4 kijun, later i'm expect the market to reach the daily kijun sen then make another bullish rally
    Click image for larger version. 

Name:	12-08-2014 13-09-35.png 
Views:	0 
Size:	33.6 KB 
ID:	44848

  5. #5
    Intraday Master
    Join Date
    Feb 2014
    Posts
    381
    FXO Shares
    0
    FXO Bonus
    4.110
    Thanks
    0
    Thanked 1 Time in 1 Post

    Default

    as expected the eur/gbp reached the daily kijun sen then made a bullish rally towards 0.804, the market is trading above the kumo cloud and the H4 kijun sen, the kumo cloud is widening up but the H4 kijun is flat so we may see a small retracement
    Click image for larger version. 

Name:	15-08-2014 10-47-17.png 
Views:	0 
Size:	33.8 KB 
ID:	44918

  6. #6
    Intraday Master
    Join Date
    Feb 2014
    Posts
    381
    FXO Shares
    0
    FXO Bonus
    4.110
    Thanks
    0
    Thanked 1 Time in 1 Post

    Default

    eur/gbp failed to break higher today, the market fell towards the H4 kijun and touched the kumo cloud, as long as we're above the daily kijun sen, it's recommended to trade only long trades
    Click image for larger version. 

Name:	20-08-2014 13-09-32.png 
Views:	0 
Size:	33.6 KB 
ID:	45037

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer
2005-2016 © FXOpen All rights reserved. Various trademarks held by their respective owners.

Risk Warning:: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission.

FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871ABN 61 143 678 719.

FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202.

FXOpen does not provide services for United States residents.

Join us