EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP
- Currently the MARKET SENTIMENT for EURGBP is slightly UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. The reason for NEGATIVE SENTIMENT in EUR is USD SELL. All MARKETS including STOCKS are UP due to MARKET RISK being ON. It affects the EUR in a big way.
- EURGBP can definitely go up to the high RESISTANCE LEVEL. EUR may be slightly WEAK due to USD STRONG at the moment. Accordingly, EURGBP can go up slightly until the 0.8703 LEVEL. And before that EURGBP can SELL to 0.8443 LEVEL. eeurgbp
Eurgbpbullish
Eurgbp ready to bounce back to record resistence.Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:EURGBP
We can see a market break its strong support in D1.
So we are expecting a strong rise near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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Euro against pound is ready for long Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:NZDCAD
We can see market is strugling near its previous resistance and currently standing near its a strong support in D1 Support level.
So we are expecting more rise near Trendline,Then we can expect a strong bull run after the formation of Head and shoulder.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
EURGBP BULLISH OUTLOOKEUR is gaining in value due to the expectation that ECB will raise interest rates, something that had not happened in more than a decade.
Against GBP the price broke the resistance of the triangle pattern on the 4H graph forming a bullish outlook, which, if gets confirmed, might see the price of the pair testing 0.87 On the other hand, if the bullish scenario does not come to fruition, the price will most likely test the support of the triangle at 0.8568
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EURGBP: Euro strength back?!EURGBP
Intraday - We look to Buy at 0.8465 (stop at 0.8415)
We are trading at oversold extremes. A bullish hammer has been formed on the 4hr timeframe. This is positive for sentiment and the uptrend has potential to return. A higher low has been formed. Preferred trade is to buy on dips.
Our profit targets will be 0.8615 and 0.8710
Resistance: 0.8505 / 0.8600 / 0.8710
Support: 0.8400 / 0.8295 / 0.8200
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EurGbp- 0.85 is now strong supportAfter finding a strong base under the 0.83 zone and testing this zone multiple times this year, EurGbp has strongly broken above 0.85 zone resistance last week.
Now the pair is looking upwards towards the next resistance at 0.87 and, in my opinion, dips around 0.85 should be bought.
A dive under 0.84 would negate this scenario
EurGbp can correct to 0.8650Since January, EurGbp is trading in a 200 pips range between 0.8250 and 0.8450.
0.8250 at this moment is very strong support and the pair could correct higher to the next resistance at 0.8650
As long as support is intact, buy dips is my strategy for this pair and only a daily close under support would negate this scenario.