Long term EURGBPthose are the targets for EURGBP
each time the price reach a target, there is a high chance that the price might pivot back to the previous level
use proper risk management
enjoy!
Eurgbplong
EURGBP | BULLS CONTINUEEURGBP has been trading in bullish parallel channel and is rising from confluence of multiple supports which favors bulls.
The trend is bullish and mometum looks strong with limited downside.
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 long trade ideaEURGBP top down analysis for possible swing long from 2 areas.
Fundamentally, EUR is starting to gain strength while the pound only recently had poor data alongside a dovish interest rate hike. Looking for these possible areas to start a swing long position.
EURGBP LongHey traders, in the coming week we are monitoring EURGBP for a buying opportunity around 0.845 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
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 Setup for May 2022EURGBP breakout of a descending trendline on the cards. Lower timeframes are in a bullish structure as we gear up for a break. I think if there's a surprise in the fundamentals we could get a fast bounce, but it may be gradual over the next month, stay patient!
EURGBP LongHey trader, in this week we are monitoring EURGBP for a buying opportunity around 0.853 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURGBP Chart H4Here is my view for EURGBP on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURGBP LongHey traders, in today's trading session we are monitoring EURGBP for a buying opportunity 0.851 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EURGBP Outlook May 2022 The Pound is in a precarious position whereas the Euro probably seems the safer bet of the two. I expect a gradual bull run to take place, patience is a must here because the time of the fundamentals unfolding will take time, so getting a solid entry and riding it out will be the way. Technicals will also be posted on my page for the timeframes below!
EURGBP Potential UpsideEURGBP seems ready to go to the upside seeing that it has been rejecting a support flip zone more than once. A reasonable target to be reached and decent pips to be made. Trade with care & Goodluck.
EURGBP pauses at 21-EMA supportThe pair has edged slightly higher from session lows at 0.8367, finds strong support at 20-DMA
Price action has resumed downside after being rejected at 200-DMA resistance
Support levels - 0.8366 (21-EMA), 0.8345 (20-DMA)
Resistance levels - 0.8411 (5-DMA), 0.8441 (200-DMA)
LONG ON EUR/GBPSwing trade
Uptrend
Multiple Rejections of 38.2 fib levels.
50 period and 8 period moving average cross to the upside.
EURGBP Chart H1Here is my view for EURGBP on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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.
Mon 25th Apr 2022 Daily Forex Charts : 3x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 3x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a AUD/JPY Sell, EUR/GBP Buy & GBP/JPY Sell. Enjoy the day all. Cheers. Jim
EURGBP Will continue up as French Elections approach?Hey traders, in today's trading session we're monitoring EURGBP for a buying opportunity around 0.838 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
EUR/GBPBUY: EUR / GBP
SL @ 0.82900
TP @ 0.83580
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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It is not an investment recommendation
EURGBP LongHey traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.83000 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
