eur/gbp

Hello guys, ummeed hai aap sab theek honge.


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Pichle haftay ki trading period mein, EurGbp pair ki price bearish side ki taraf move karti nazar aa rahi thi. Iska matlab tha ke market mein sellers ne price ko neeche le jaane ki koshish ki thi. Lekin is haftay, halat kuch behtar nazar aa rahi hai kyunki current position ab bhi Monday ke opening price ke muqablay mein uchi hai. Market ko sellers ne niche karne ki koshish ki, lekin price sirf 0.8507 tak hi gir paayi. Uske baad, price upar ki taraf move karti dikhayi de rahi hai, kyunki buyers ka control ab bhi kafi mazboot hai jo price ko zyada girne se rok raha hai.

Agar hum current price ke trend ko dekhein jo barhne ki taraf hai, to mujhe lagta hai ke EurGbp market phir se buyers ke influence se upar ja sakti hai. Price 0.8576 ke aas-paas test karne ki sambhavana hai. Technical analysis ke mutabiq, price Uptrend ki taraf continue kar sakti hai. Ye trend kuch waqt se chal raha hai aur price ka is condition ko continue karna bullish trend ko support kar raha hai.

Is waqt, buyer ka tendency yeh ho sakta hai ke wo buying encouragement de taki candlestick ko upar le jaya ja sake aur current Uptrend trend ko continue kar sake. Increase ka mauka kafi khula hua hai, kyunki current candlestick Simple Moving Average 100 indicator ke upar chal rahi hai. Simple Moving Average (SMA) 100 indicator market trend ko samajhne mein madad karta hai, aur agar price is indicator ke upar chal rahi hai, to ye bullish trend ki indication hai.

Agar is haftay price barh kar 0.86000 tak pohoch jati hai, to bullish trend continue hoga aur price ko aur upar push karega. Ye zaroori hai ke trading decisions banate waqt technical indicators ko dhyan se dekhein aur market ke trend ko samjhein.

Ek important baat jo aapko yaad rakhni chahiye wo ye hai ke market conditions kabhi bhi change ho sakti hain, isliye hamesha apni trading strategy ko update karte rahna chahiye. Current trend ke mutabiq, agar buyers ka control barqarar raha, to price ke aur upar jane ke chances hain. Lekin, agar sellers ne market mein phir se dominance bana liya, to price ko niche move karne ka bhi risk hai.

Overall, agar aapki trading strategy bullish trend par based hai, to is haftay ke liye market ka analysis positive nazar aa raha hai. Trading karte waqt, risk management ko bhi dhyan mein rakhein aur kisi bhi uncertainty ko handle karne ke liye flexible strategy rakhain.

Umeed hai aapka trading day acha rahega aur aap apne goals ko achieve kar sakenge. Har trading decision ko soch samajh kar lein aur apni strategy ko market conditions ke mutabiq adjust karna na bhoolain. Happy trading!

EUR/GBP
Agar EUR/GBP market daily trade hoti rahe, to ek behtareen improvement hone ki ummeed hai. Bullish direction mein growth hone ke zyada chances hain, negative direction mein hone ke bajaye.

Pichli shaam ki trading session mein market ne bearish movement dekha lekin itni tez nahi thi ke 0.8515 zone tak pohoch jaye. Lekin agar aap pichle kai daily candlesticks dekhein, to yeh zahir hota hai ke buyers 0.8580 support zone se bach rahe hain. November ke shuruati trading session ke candlestick movement patterns ne bhi bearish trend ko bullish route ki taraf mod diya, kyunki support zone break nahi hua.




EUR/GBP currency pair ne 0.8555 resistance area ko todne mein nakami ka samna kiya hai, magar is hafte yeh upar ki taraf move karne ki koshish kar raha hai. Pichle Monday se, candlestick bullish path par wapas aane ki koshish kar rahi hai, is hafte price high 0.8550 tak pohoch gayi hai jo pehle ke hafte ke range 0.8605 se kam hai.

EUR/GBP currency pair mein, mujhe upar ki taraf trend banne ki tendency aur possibility nazar aa rahi hai. Is hafte ke bullish candlestick ne 0.8570 support resistance se door ho kar upar ki taraf move kiya hai. Recent market conditions jo bearish nahi rahi, woh shayad bullish trend ko signal kar rahi hain jo mahine ke shuru mein dekha gaya. Jab resistance area EUR/GBP price mein successfully touch hota hai, price aage barh jaayegi. Dusri taraf, agar price 0.8565 area se neeche chali jati hai, to price movement phir se kam ho sakti hai aur support area ke neeche ja sakti hai.

EUR/GBP (Euro/British Pound Rate)


EUR/GBP pair abhi bhi bullish trend dikha raha hai magar filhal correction ke dauraan hai. Kai baar price ne resistance (R1) 0.8611 ko paar karne ki koshish ki, lekin rejection ka samna karna pada. Price jo EMA 50 tak gir gayi thi, upar jane ki koshish kar rahi thi lekin pivot point (PP) 0.8564 ke upar consistently rehne mein nakam rahi. Downward correction phase tab tak chala jab tak price EMA 50 ke neeche aur support (S1) 0.8506 ke nazdeek nahi aa gayi. Downward correction ka raasta ab support (S2) 0.8459 tak ja sakta hai, kyunki price rally base rally (RBR) ko paar kar gayi hai jo ab demand area 0.8531 - 0.8517 hai.

Price movement jo high price 0.8623 se low price 0.8530 tak gir gayi, phir 0.8591 tak upar gayi aur phir se 0.8509 tak gir gayi, yeh indicate karta hai ke minor price pattern lower low - lower high condition mein hai. Agar EUR/GBP pair jo abhi bhi bullish trend mein hai, higher high prices 0.8591 ke upar form nahi kar pati, to iska matlab hai ke yeh lower low support (S1) 0.8506 ke neeche zaroor banayegi. Major structure ko higher high - higher low pattern ke saath maintain karne ke liye, resistance (R1) 0.8611 ke upar higher high prices ki zarurat hai.

Awesome Oscillator (AO) indicator side se lagta hai ke EUR/GBP pair price ko niche move karne ko support kar raha hai. Red histogram volume jo level 0 ya negative area ke neeche hai, wo aur bhi widen hoti ja rahi hai, jisse downtrend momentum kaafi strong lagta hai. Lekin Stochastic indicator parameters jo oversold zone level 20 - 10 ko cross kar chuke hain, price ko phir se upar jane ko support karte hain. Agar level 50 tak jaate hue parameters cross hoti hain aur phir se oversold zone mein chale jaati hain, to price ke support (S1) 0.8506 ko paar karne aur phir SMA 200 ko dynamic support ke taur par test karne ke chances hain.

Entry Position Setup:

Agar aap trend direction ko dekhain jo abhi bhi bullish hai, phir bhi minor price pattern lower low - lower high dikhata hai, to BUY moment ka intezaar karna behtar hoga. Entry position ko is tarah set karein ke girti price jab support (S1) 0.8506 ko test kare, tab false break ya rejection dekha jaye. Confirmation tab milega agar Stochastic indicator parameter overbought zone ko cross kare ya kam se kam level 50 aur level 20 ke beech ho. AO indicator histogram green hona chahiye taake downtrend momentum kam ho. Take profit ko pivot point (PP) 0.8564 ko target karein aur stop loss ko SMA 200 aur support (S2) 0.8459 ke beech mein rakhain.

EUR/GBP currency pair ne jumme ko kuch khaas tezi nahi dikhayi aur dheere dheere 0.8530 ki taraf gir gayi jab bazaar ke log UK se aayi naye ma'ashi data ko samajhne lagay. July mein retail sales mein kuch behtari dekhi gayi, lekin overall ma'ashi surat-e-haal abhi bhi mix hai. Retail spending mein jo halka sa izafa hua, wo pichle mahine ki kami ke muqablay mein acha hai, lekin June ki ma'ashi dheemapan jo ke second quarter ke mazboot performance ke baad aayi thi, isko overshadow kar raha hai. Is conflicting data ne Bank of England ke monetary policy ke hawale se questions uthaye hain, aur interest rate cuts ka khauf bhi hai. Pichle kuch trading dinon se, EUR/GBP pair crucial 200-day aur 100-day Simple Moving Averages (SMAs) ke darmiyan range-bound raha hai, jahan support aur resistance levels 0.8550 aur 0.8510 hain. Trading volume ki kami se lagta hai ke selling pressure kam ho raha hai, magar 200-day SMA ko bulls ke fail hone se pair ke near-term outlook pe bearish asar hua hai.



Technical indicators mixed aur kuch ambiguous nazar aate hain. Relative Strength Index (RSI) neutral 50 level ke aas-paas hai, jo bullish aur bearish forces ke darmiyan balance dikhata hai. Yeh market ke decisive move ke liye tayar hone ka bhi ishara hai. Moving Average Convergence Divergence (MACD) indicator ab green bars mein kami dikhata hai, jo agle trading sessions mein downward bias ka hint deta hai. Momentum indicators conflicting signals de rahe hain. Average Directional Movement Index (ADX) crucial 25 threshold ke upar hai aur dheere dheere barh raha hai, jo trend ke mazboot hone ka ishara hai. Lekin, RSI aur Stochastic Oscillator bearish divergence dikhate hain, jo current downtrend ke reversal ka bhi indication hai. To summarize, EUR/GBP pair abhi decision-making phase mein hai, jahan bullish aur bearish forces ke darmiyan struggle ho raha hai. Price action range-bound rehne ki ummed hai jab tak 0.8401 level ke upar ya 100-day SMA ke neeche decisive break nahi hota. Agar 0.8401 resistance level ko break kiya jaye to rally 50-day SMA 0.8484 ki taraf barh sakti hai, lekin 0.8504-0.8521 region mein significant resistance milega. Wahi agar 100-day SMA ke neeche sustain move hota hai to selling pressure barh sakta hai aur further declines ka khauf hai.

EUR/GBP CURRENCY PAIR ANALYSIS



EUR/GBP pair ki price movement jo ke upar ki taraf correct hui hai, ab successfully FR 50 - 0.8577 aur FR 61.8 - 0.8587 ke beech retracement complete kar chuki hai. Yeh mumkin hai ke price apni downward rally ko dobara shuru kare, kyun ke EMA 50 abhi bhi SMA 200 ke neeche hai aur golden cross signal nazar nahi aa raha. Magar, agar correction phase FR 78.6 - 0.8603 tak upar ki taraf jaati hai, to price ke barhne ka bhi chance hai. Yeh isliye ke kai imbalance areas hain jo seller ke overload transactions ke wajah se close nahi hue hain. UK ka inflation data report (CPI) jo ke downward trend dikhata hai, bhi price ke upar jaane ko support karta hai.

Agar Stochastic indicator parameters ko dekhein jo ke level 50 ke aas-paas se cross ho rahe hain aur oversold zone (level 20 - 10) ki taraf ja rahe hain, to yeh EUR/GBP pair ki price ke girne ko support karta hai. Iske ilawa, Awesome Oscillator (AO) indicator ka histogram jo ke positive area mein red hai, yeh indicate karta hai ke uptrend momentum kamzor ho raha hai. Sirf current price pattern structure jo ke higher high - higher low mein badal gaya hai, kyunki 0.8567 ke nazdeek high prices ka invalidation level successfully pass ho gaya hai. Agar price do Moving Average lines ke neeche phir se nahi jaati, to price ki direction upar ki taraf jaayegi aur FR 100 - 0.8623 ko test karegi.

Setup entry position:

Trading options ke liye try karein ke re-entry SELL position FR 50 - 0.8577 se FR 61.8 - 0.8587 ke beech rakhein, halanke bearish trend direction kamzor ho raha hai. Stochastic indicator parameters jo ke level 50 ke aas-paas cross ho chuke hain, yeh confirmation provide karte hain. AO indicator ka histogram kam se kam red rahe aur volume level 0 ke kareeb aaye. Take profit ke liye target placement FR 23.6 - 0.8552 ya phir low prices 0.8530 par rakhein aur stop loss FR 78.6 - 0.8603 ke aas-paas rakhein jo ke retracement ka aakhri limit hai.

Hello guys umeed hai ke ap sab theek hon ge. EUR-GBP HOURLY CHART FRAME
EUR/GBP pair ne cross pair ke liye kaafi zyada rise dekha hai. Yeh EUR/USD aur GBP/USD ki increase ko bhi rokta hai, kyunki GBP/USD ki value abhi stable nahi hai, jo ke iska correlation change kar raha hai. Aaj dopahar EUR/GBP ek daily reentry buy setup bana raha hai, kyunki pehle momentum buy candle aayi thi, magar bohot strong seller reaction se bearish engulfing candle ban rahi hai, jo ke ek correction ho sakti hai ya phir trend exchange. Iske liye multi-timeframe analysis ki zaroorat hai.apka trading day Acha rhe.




EUR/GBP ka halat dekhte hue, pichle do din mein iska bearish direction ki taraf rukh dikhaya hai, jahan kal ke din bearish power zyada significant nazar aayi. Yeh dekhna interesting hai ke bearish movement kitni door tak chalegi, kyunki trend abhi bhi bullish hai, isliye bearish movement zyada tar correction ki taraf ja rahi hai.

Main H1 timeframe ka picture bana raha hoon aur MA 50 ko dynamic support level ke roop mein dekh raha hoon, jo ke sabse ucha position hai. Mera prediction hai ke MA 50 par rejection response aayega, aur agar MA 50 ke upar significant bullish movement hoti hai, to yeh buy entry ke liye acha moment ho sakta hai, kyunki yeh confirmation dega ke EUR/GBP wapas bullish trend condition mein hai aur future mein aur zyada significant bullish movement trigger kar sakta hai.apka trading day Acha rhe apka weakened kamyab rhe

EUR/GBP currency pair ne Jumme ko early European trading mein halka sa girawat dekha. Ab bazaar UK ke aham employment data ka intezar kar raha hai jo agle Tuesday ko release hoga. Eurozone ki taraf se, Germany ka harmonized consumer price index (HICP market ki expectations ke mutabiq, July mein saalana 2.6% ka izafa dikhata hai. Yeh data aur ECB ke policymaker Olli Rehn ka interest rate cuts ka suggestion, Euro ki strength pe sawal utha raha hai. ECB ka September mein hone wala meeting investors ke liye key focus hai, President Christine Lagarde potential policy actions par open stance rakhti hain. Wahi, Pound Sterling UK mein political stability aur Bank of England ke interest rates cut se faida utha raha hai. Central bank ka cautious approach monetary policy normalization ke liye Pound ki value ko support kar raha hai. EUR/GBP pair ab August 2022 ke baad ke lowest levels ke paas trade kar raha hai, jo ke early July ke peak se significant pullback ko reflect karta hai. Euro ki kamzori France mein political turmoil aur kuch disappointing economic data se aur badh gayi hai.



Technical indicators mixed picture de rahe hain. Jabke ADX ek potential upward trend ka suggestion de raha hai, RSI aur Stochastic oscillator oversold conditions dikhate hain, jo ke bullish divergence ka hint de rahe hain. Agar pair 0.8401 level ke upar break karta hai, to bullish reversal ho sakta hai jo 50-day SMA 0.8484 aur 0.8504 se 0.8521 ke resistance zone ki taraf rally lead kar sakta hai. Agar pair in resistance levels ko overcome nahi kar pata, to continued downward pressure ho sakti hai aur further declines dekhne ko mil sakti hain. Overall, EUR/GBP pair economic, political, aur technical factors ke combination se influence ho raha hai. Investors ko upcoming economic data releases aur central bank decisions ko dhyan se monitor karna chahiye taake informed trading decisions le sakein.

EUR/GBP CURRENCY PAIR ANALYSIS 11 AUGUST 2024




EUR/GBP pair abhi bhi upar ki taraf hai kyunki price ne 100-period ke simple moving average zone ke upar close kiya hai, jo ke upward direction ko indicate karta hai. Yeh 4-hour time frame mein average price ke barhne ko dikhata hai, jo bullish trend ko confirm karta hai. Yeh traders ke liye positive signal ho sakta hai jo purchase karne ka plan bana rahe hain. Recent weeks mein market conditions upar ja rahi hain. Weakness ke bawajood Pound Sterling currency ne price ko upar push kiya hai, jo bullish journey ko continue kar raha hai. Weekly time frame mein bhi market trend uptrend ki taraf ja raha hai, jo ke pichle kuch weeks ke price journey ke sath match karta hai. Weekend trading ke aage kuch downward correction dekha gaya.

Pichle haftay weekly candlestick ne drastic bullish pattern ke sath close kiya. Is mahine ke beech mein market pattern ne bullish journey form ki hai. Market ki existing situation ke mutabiq, yeh abhi bhi indicate karta hai ke buyer's control price ko 0.8477 se door le jane ki koshish kar raha hai. Market mein jo candlestick position main monitor kar raha hoon, wo abhi bhi 100-period ke simple moving average zone ke upar rukha hua hai, jo ke previous bullish trend ko valid dikhata hai. Bullish rally phir se continue ho sakti hai, magar trend reversal ka chance bhi hai, jiska waqt abhi pakka nahi hai.

Visible image ke base par, EUR/GBP pair ki price position ke hawale se, meri prediction hai ke price abhi bhi uptrend ki taraf move karegi. Aane wale trend ke liye, price ka consistent uptrend zone ki taraf move karna lagta hai. Agli bullish journey ke target ke liye, price zone 0.8626 ko test karne ka plan hai, jabke dusre buyers ko bhi current uptrend ko support karne ke mauke milenge.

EUR/GBP PAIR REVIEW
Pehli nazar mein hi yeh nazar aata hai ke EUR/GBP ek long-term downtrend mein hai. Yeh price position se dekha ja sakta hai jo ke 200-day moving average (neeli line) ke neeche hai, jo ke aam tor par long-term trend indicator ke roop mein use hota hai. Jab price is line ke neeche hoti hai, to iska matlab hai ke currency pair bearish trend mein hai.

Iske ilawa, 50-day moving average (laal line) bhi hai jo ke short-term price changes ke liye zyada responsive hota hai. Filhal, price ne 50-day moving average ke upar break karne ki koshish ki, lekin usse reject kar diya gaya aur phir se neeche aa gaya. Yeh strong selling pressure ko indicate karta hai moving average level ke aas-paas, jo dikhata hai ke buyers trend ko significantly change karne ke liye itne strong nahi hain.

Aap chart par blue box se marked area bhi dekh sakte hain. Yeh ek important support zone hai jo ke pehle price ke dwara test kiya gaya hai. Jab price is area ke paas aati hai, to price reaction dekhne ki high probability hoti hai, chahe wo upar bounce ho ya deeper break. Agar price is area se bounce hoti hai, to yeh ek opportunity ho sakti hai long position open karne ki, jiska target 50-day moving average ke paas wapas jana ho sakta hai. Wahi agar price is support ko break karti hai, to yeh downtrend continuation ka signal ho sakta hai, jo short position open karne ke liye use kiya ja sakta hai.

Trading strategy ke context mein, ek approach jo use kiya ja sakta hai wo hai "breakout" strategy. Agar price support area ko high volume aur strong momentum ke sath break karti hai, to traders short position open kar sakte hain, expect karte hue ke trend neeche ki taraf continue hoga. Wahi agar price support area se bounce hoti hai aur 50-day moving average ko cross karti hai, to traders long position open kar sakte hain, trend reversal ya kam se kam retracement ki expectation ke sath.

Magar, dusre indicators jaise RSI ya MACD ko bhi dekhna zaroori hai for additional confirmation. Agar RSI support area par oversold conditions dikhata hai, to yeh indicate kar sakta hai ke price bounce hone ke liye tayar hai. Dusri taraf, agar MACD indicator is area mein bearish signal dikhata hai, to yeh short position mein confidence ko barha sakta hai.

EUR/GBP CROSS REVIEW
EUR/GBP cross Tuesday ko early European session ke doran 0.8540 ke aas-paas traction kho raha hai. Recent UK labor market data ke mixed results ke baad, cross neeche ja raha hai. Ab dikkat German August ZEW survey par hogi, jo ke aaj ke din baad me release hoga.

Office for National Statistics (ONS) ke Tuesday ko release kiye gaye data ke mutabiq, UK ILO Unemployment Rate June tak ke teen mahine mein 4.2% pe aa gaya hai, jo ke pichle period ke 4.4% se behtar hai. Yeh figure 4.5% ki expectation se behtar hai. Iske bawajood, Claimant Count Change July mein 135K se barh gaya, jo ke June mein 32.3K ki revised gain se kafi zyada hai aur market consensus ke 14.5K se bhi bohot zyada hai.

UK Wage inflation, jo ke Average Earnings excluding Bonus se measure kiya gaya hai, June mein 5.4% 3M YoY tak barh gaya, jo ke May ke 5.7% se kam hai, magar 4.6% ki estimation se behtar hai. Average Earnings including Bonuses bhi usi period mein 4.5% tak barh gaya, jo ke May ke quarter ke 5.7% se kam hai. Pound Sterling ne UK employment report ke turant baad kuch buyers ko attract kiya. EUR/GBP ne nine-day EMA ke 0.8539 level ke neeche break kiya, jo short-term bearish trend ko indicate karta hai. Momentum indicator 14-day RSI ab bhi currency cross ke liye bullish bias suggest karta hai.

14-day EMA 0.8520 level par immediate support ka kaam kar sakta hai. EUR/GBP apni recent gains ko pichle session se wapas le raha hai, Tuesday ko European hours ke doran 0.8530 ke aas-paas trade kar raha hai. Daily chart analysis se yeh nazar aata hai ke EUR/GBP cross ne nine-day Exponential Moving Average (EMA) ko 0.8539 level par break kiya hai, jo short-term mein bearish trend ke shuru hone ka signal hai.

Magar, momentum indicator 14-day Relative Strength Index (RSI) 50 level ke upar hai, jo EUR/GBP cross ke liye bullish bias ko suggest karta hai. Agar RSI 50 level ke paas aur neeche jata hai, to yeh bullish momentum ke kam hone ka indication ho sakta hai.

Resistance ke hawale se, EUR/GBP cross ko immediate barrier August 8 ko mark kiye gaye teen mahine ke high 0.8624 level par mil sakta hai, aur phir seven-month high 0.8644 level par April 23 ko record kiya gaya. Is level ke upar break karne se currency cross ko 0.8700 ke psychological level ke aas-paas explore karne ka mauka mil sakta hai.

Niche ki taraf, immediate support 14-day EMA 0.8520 level par nazar aata hai, aur phir EUR/GBP cross 50-day EMA 0.8487 level ko test kar sakta hai. Is support ke neeche break hone se bearish trend ka confirmation ho sakta hai, jo cross ko 0.8383 ke throwback support level ki taraf drive kar sakta hai.

EUR/GBP CROSS REVIEW
EUR/GBP cross ne Tuesday ko early European hours ke doran 0.8540 ke aas-paas apni momentum kho di. Yeh kamzori UK ke mixed labor market data ke baad dekhi gayi. Ab nazar German August ZEW survey par hai jo baad mein release hone wala hai.

Office for National Statistics (ONS) ke mutabiq, UK ILO Unemployment Rate June tak ke teen mahine mein 4.2% tak gir gaya hai, jo ke pehle ke 4.4% se behtar hai aur market ki expectation 4.5% se bhi acha hai. Wahi, Claimant Count Change July mein 135K barh gaya, jo June ke revised 32.3K figure se kafi zyada hai aur market consensus ke 14.5K se bhi bohot zyada hai.

UK wage inflation, jo ke Average Earnings excluding Bonuses se measure kiya gaya, June tak 5.4% tak barh gaya, jo ke May ke 5.7% se kam hai aur 4.6% ki estimation se behtar hai. Average Earnings including Bonuses bhi is period mein 4.5% tak barh gayi, jo ke pehle quarter ke 5.7% se kam hai. UK employment report ke baad Pound Sterling mein kuch buying dekhi gayi. EUR/GBP ne 9-day EMA 0.8539 level ke neeche break kiya, jo short-term bearish trend ko indicate karta hai. Magar, 14-day RSI momentum indicator ab bhi bullish bias dikha raha hai, aur immediate support 14-day EMA 0.8520 level par ho sakta hai.

EUR/GBP apni recent gains ko wapas le raha hai aur Tuesday ko European hours ke doran 0.8530 ke aas-paas trade kar raha hai. Daily chart analysis se yeh nazar aata hai ke EUR/GBP cross ne 9-day Exponential Moving Average (EMA) 0.8539 level ke neeche break kiya hai, jo short-term bearish trend ka signal hai.

Magar, 14-day Relative Strength Index (RSI) momentum indicator 50 level ke upar hai, jo EUR/GBP cross ke liye bullish bias ko suggest karta hai. Agar yeh 50 level ke paas aata hai, to bullish momentum kam ho sakta hai.

Resistance ke hawale se, EUR/GBP cross ko pehli resistance 0.8624 level par mil sakti hai, jo August 8 ko teen mahine ka high tha, aur doosri resistance 0.8644 level par, jo April 23 ko seven-month high tha. Agar yeh levels break hoti hain, to currency cross 0.8700 ke psychological level ki taraf move kar sakta hai.

Niche ki taraf, immediate support 14-day EMA 0.8520 level par hai. Iske baad, 50-day EMA 0.8487 level par support test kar sakta hai. Agar yeh support bhi breach hota hai, to yeh bearish trend ka confirmation ho sakta hai, jo currency cross ko 0.8383 ke throwback support level ki taraf le ja sakta hai.

EUR/GBP Analysis 07 August 2024
Daily Chart Review

EUR/GBP ke daily chart par bullish pressure ka wazeh nishan hai. Jab sellers 0.83918 ke sabse kam level par phans gaye, buyers ne foran market ka control le liya. Yeh bullish momentum kaafi mazboot sabit hua aur do important indicators, EMA 50 aur EMA 100, ko successfully break kiya. Yeh indicators traders ke liye medium aur long-term trends ka reference hote hain. Inka break hona yeh dikhata hai ke bullish sentiment mazid barh raha hai aur isme aur bhi izafa ho sakta hai. Iske ilawa, price ne 0.84905 ke key resistance level ko bhi break kiya. Is level ka break hona yeh signal hai ke buyers market par zyada dominat kar rahe hain. Resistance level break hone ke baad, price ne ek impulsive aur strong daily candle formation ke saath izafa jari rakha. Yeh dikhata hai ke buying pressure bohot dominant hai aur buyers bina kisi significant correction ke prices ko upar push kar rahe hain. Filhaal, price naye resistance level 0.86185 par stuck hai. Yeh level ahem hai kyun ke yeh ek potential turning point ho sakta hai jahan downward correction ho sakti hai. Strong buyer dominance ke baad, market aksar technical corrections ka shikaar hota hai jo price dynamics ka natural part hai. Yeh correction sellers ke liye ek opportunity ho sakti hai, khaaskar agar yeh resistance level buyers ke liye mushkil sabit hota hai.




Mera Trading Plan

Mera trading plan do main scenarios par focus karega. Pehla, agar price 0.86176 level ko break karti hai, to main buy karne ke mauqe dekhoonga. Is level ka breakout yeh confirm karega ke bullish trend abhi bhi chal raha hai aur buyers ke paas price ko upar push karne ki taqat hai. Is scenario mein, main strong bullish candle formation ya trading volume ke izafe ki additional confirmation ka intezaar karunga taake breakout ki validity confirm ho sake. Doosra, agar price wapas girti hai aur support level 0.85610 ke qareeb aati hai, to main dekhunga ke kya yeh support level intact rehta hai. Agar yeh support break ho jata hai, to yeh bearish signal ho sakta hai aur main sell karne ke mauqe talash karunga. Support ka break hona yeh dikhata hai ke selling pressure barh raha hai aur price neeche aane ke chances hain.

EUR/GBP Currency Pair Analysis
07 August 2024

4-hour Time Frame




Pichle weekend ki downward correction ke bawajood, price 0.8518 tak gir gayi thi, lekin yeh trend continue nahi hua kyunke market is hafte ke trading period mein phir se bullish trend ki taraf move kar rahi thi. Filhaal market ki conditions upward trend ke saath chalne ki koshish kar rahi hain, lekin yeh journey abhi dheemi hai kyunke Asian session mein market ki volatility kam hai. Bullish trend ke saath, Eur/GBP pair ke liye Uptrend continue karne ki umeed aur mauqa ho sakta hai. Hafte ke shuruat mein, price weekly opening price zone se upar chali gayi hai. Mere khayal se, candlestick ab bhi Uptrend ki taraf chalne ki koshish kar rahi hai jaise pichle kuch hafton mein market trend tha.

Sellers ki taraf se candlestick position ko neeche karne ki koi significant koshish nahi hui, bas halki downward correction hui hai. Ho sakta hai ke market aaj raat ki session mein kuch aur situation dikhaye. Market ke direction ke tendency ko dekhtay huye, lagta hai ke trend bullish side ki taraf hai. Market shuru se hi upar ja rahi hai aur candlestick 100-period simple moving average zone se aur upar ja sakti hai. Agle trading session mein, main yeh predict karta hoon ke price ab bhi bullish trend ki taraf move karne ki koshish karegi.

Mujhe lagta hai ke price ke Uptrend chalne ki achi chances hain kyunke pichle haftay ke izafe ka asar shayad current price zone se upar ke position ko test karna chah raha hai. Agar yeh koshish successful hoti hai, to market mein price ke higher target ki taraf jane ke chances barh jate hain. Pichle haftay ke drastic candlestick increase ko dekhte huye, Eur/GBP pair mein current trend ke mutabiq ideal trading option Buy trading hai. Buyers price ko 0.8652 area tak upar le ja sakte hain.

Transaction Options:

EUR/GBP Analysis Updates 07 August 2024

Daily Chart Analysis




EUR/GBP ke daily chart par bullish pressure ke barhne ka wazeh nishan hai. Jab sellers 0.83918 ke lowest level par phans gaye, to buyers foran market ka control le aaye. Yeh bullish momentum kaafi strong sabit hua aur EMA 50 aur EMA 100 jaise do important indicators ko successfully break kiya. Yeh indicators traders ke liye medium aur long-term trends ka reference hote hain. Inka break hona yeh dikhata hai ke bullish sentiment barh raha hai aur is trend ke continue hone ke chances hain. Iske ilawa, price ne 0.84905 ke key resistance level ko bhi break kiya. Is level ka break hona yeh signal hai ke buyers market par zyada dominat kar rahe hain. Resistance level break hone ke baad, price ka izafa impulsive aur strong daily candle formation ke saath jari raha. Yeh dikhata hai ke buying pressure bohot dominant hai aur buyers bina kisi significant correction ke prices ko upar push kar rahe hain. Filhaal, price naye resistance level 0.86185 par stuck hai. Yeh level important hai kyunke yeh ek potential turning point ho sakta hai jahan downward correction ho sakti hai. Strong buyer dominance ke baad, market aksar technical corrections ka shikaar hoti hai jo price dynamics ka natural part hai. Yeh correction sellers ke liye ek opportunity ho sakti hai, khaaskar agar yeh resistance level buyers ke liye mushkil sabit hota hai.

Pichle Din Ki Movement

Kal EUR/GBP ne 0.85610 par support level banane ke baad apni strength phir se dikhayi. Pehle, is currency pair ne 0.86176 ke highest level se correction dekhi. Yeh correction selling pressure ko dikhati hai, lekin yeh main trend jo ke bullish hai, ko change nahi kar payi. EMA 50 ka EMA 100 ke upar hona yeh indicate karta hai ke medium aur long-term trends ab bhi upar ki taraf hain. Filhaal, price 0.86176 ke highest level se neeche hai. Yeh level ek key resistance hai jise dekhna zaroori hai kyunke is level ko break karne par strong bullish signal mil sakta hai. Agar yeh resistance break hota hai, to yeh buyers ke market par phir se dominate karne ka indication ho sakta hai aur prices ko upar le ja sakta hai. Agar price is resistance ko break nahi karti aur phir se girti hai, to bearish signal banne ke chances hain.

Mera Trading Plan

Mera trading plan do main scenarios par focus karega. Pehla, agar price 0.86176 level ko break karti hai, to main buy karne ke mauqe dekhoonga. Is level ka breakout yeh confirm karega ke bullish trend abhi bhi chal raha hai aur buyers ke paas price ko upar push karne ki taqat hai. Is scenario mein, main strong bullish candle formation ya trading volume ke izafe ka intezaar karunga taake breakout ki validity confirm ho sake. Doosra, agar price wapas girti hai aur support level 0.85610 ke qareeb aati hai, to main dekhunga ke kya yeh support hold karta hai. Agar yeh support break hota hai, to yeh bearish signal ho sakta hai aur main sell karne ke mauqe talash karunga. Support ka break hona yeh dikhata hai ke selling pressure barh raha hai aur price neeche aane ke chances hain.

**EUR/GBP Cross Review**

**Maujooda Market Ki Surat-e-Haal**
EUR/GBP cross abhi 0.8540 ke aas paas traction le raha hai, Tuesday ke early European session mein. Currency pair ne neeche ki taraf trend dikhaya hai, jo ke haal hi mein release hui UK labor market data ke mixed results ka asar hai. Ab tawajjo German ZEW survey par hai jo August ke liye aaj release hone wala hai.

**UK Labor Market Data**
Office for National Statistics (ONS) ke mutabiq, UK ILO unemployment rate ab 4.2% par hai jo ke June tak ke 3 months ke liye hai, aur pehle ke 4.4% se behtar hai. Yeh result expected 4.5% se acha hai. Lekin, Claimant Count Change for July 135,000 tak barh gaya hai, jo ke pehle ke revised 32.3K se kaafi zyada hai aur market consensus 14.5K ko bhi exceed karta hai.

**Wage Inflation Metrics**
UK wage inflation, jo ke Average Earnings (excluding bonuses) se mapti hai, 5.4% year-on-year tak barh gaya hai teen months ke liye jo June tak hai. Ye May ke 5.7% se kam hai, lekin expectations jo ke 4.6% thi unse zyada hai. Average Earnings (including bonuses) bhi isi period mein 4.5% tak barh gayi, jo ke May ke 5.7% se kam hai.

**Market Reaction**
UK employment report ke baad British Pound ne kuch buyers ko attract kiya. EUR/GBP cross ne nine-day Exponential Moving Average (EMA) jo ke 0.8539 level par tha uske neeche break kiya, jo short-term bearish trend ko show karta hai. Lekin, momentum indicator, 14-day Relative Strength Index (RSI) abhi bhi currency cross ke liye bullish bias suggest karta hai.

**Support aur Resistance Levels**
EUR/GBP ke liye immediate support 14-day EMA par hai, jo abhi 0.8520 level par hai. Pair recent gains ko retrace kar raha hai aur Tuesday ke European hours ke doran 0.8530 ke aas paas trade kar raha hai. Daily chart analysis yeh batata hai ke EUR/GBP ne nine-day EMA jo ke 0.8539 par tha uske neeche break kiya hai, jo short-term bearish trend ka signal deta hai.

Lekin, 14-day RSI abhi bhi 50 level se ooper hai, jo bullish bias ko show karta hai EUR/GBP cross ke liye. Agar RSI 50 level ke qareeb ya neeche move karta hai, to yeh bullish momentum mein kamzori ko indicate kar sakta hai.

**Resistance Levels**
Resistance ke liye, EUR/GBP cross ko pehla barrier August 8 ko record hui three-month high 0.8624 par milega, aur phir April 23 ko seven-month high 0.8644 tak ja sakta hai. Agar yeh level break hota hai, to currency cross 0.8700 ka psychological level explore kar sakta hai.

**Support Levels**
Downside mein, immediate support 14-day EMA par 0.8520 level par hai, aur EUR/GBP 50-day EMA 0.8487 level ko test kar sakta hai. Agar yeh support break hota hai, to bearish trend confirm ho sakta hai, aur cross ko throwback support level 0.8383 tak drive kar sakta hai.