eur/gbp

EURGBP pair basically abhi bhi bullish trend mein hai lekin iss waqt thodi correction ho rahi hai. Kai dafa price ne upar jane ki koshish ki aur resistance (R1) 0.8611 ko cross karne ki koshish ki, lekin wahan se rejection mila. Price EMA 50 tak gir kar wapas upar jane ki koshish ki, lekin pivot point (PP) 0.8564 ke upar consistently rehne mein kamiyab nahi ho paya. Yeh downward correction tab tak jaari rahi jab tak price EMA 50 ke neeche chala gaya aur lagbhag support (S1) 0.8506 tak pahunch gaya. Aage jaane ke imkaan hai ke yeh downward correction support (S2) 0.8459 tak bhi gir sakta hai kyunki yeh rally base rally (RBR) ko paar kar gaya hai jo ab demand area 0.8531 - 0.8517 hai Price movement jo high prices 0.8623 se gir kar low prices 0.8530 tak gaya, phir wapas high prices 0.8591 tak upar gaya aur phir low prices 0.8509 tak gir gaya. Yeh dikhaata hai ke minor price pattern structure lower low - lower high condition mein hai. Agar EURGBP pair ka price jo abhi bhi bullish trend mein hai higher high prices 0.8591 ke upar banane mein nakam hota hai, to iska matlab yeh hoga ke yeh lower low support (S1) 0.8506 ke neeche banayega. Isliye, major structure ko higher high - higher low pattern ke saath banaye rakhne ke liye zaroori hai ke valid higher high prices resistance (R1) 0.8611 ke upar hon Awesome Oscillator (AO) indicator ke side se lagta hai ke yeh EURGBP pair ke price ko neeche move karne mein support kar raha hai. Red histogram volume level 0 ya negative area ke neeche barh rahi hai jis se yeh zahir hota hai ke downtrend momentum kaafi strong hai. Lekin, Stochastic indicator parameters jo ke oversold zone level 20 - 10 ke paas cross kar chuke hain price ko wapas upar jane mein support karte hain. Lekin agar level 50 tak jaane ke raste mein yeh parameter dobara oversold zone ki taraf jata hai, to phir yeh imkaan hai ke price support (S1) 0.8506 ko cross karke SMA 200 ko as dynamic support test kare