Eur/gbp

In U.S. trading,*EUR/GBP was down 0.13% at 0.8154, up from a session low of 0.8143 and off a high of 0.8168.

The pair was likely to find support at 0.8134, the low from Jan. 9, 2013, and resistance at 0.8248, Thursday's high.

Last week, the European Central Bank left interest rates unchanged at 0.25%, though the euro dropped after ECB President Mario Draghi said the bank's governing council is comfortable with acting at its next meeting after the bank publishes fresh inflation and growth forecasts.

Pivots Daily indicator the following important levels:
First level of support at around 0.8142
Level Two support at around 0.8130
The third support at around 0.8117
The pivot point is at around 0.8155
First level of resistance at around 0.8167
Second resistance level is at around 0.8180
The third resistance level is at around 0.8192
Levels of buy Intraday at around 0.8117 target 0.8142.
Levels of sell Intraday at around 0.8192 target 0.8167.

analysis for today 5 / 13 / 2014

EUR/GBP

Resistance : R1 0.8224 R2 0.8249 R3 0.8269 R4 0.8299
Support : S1 0.8080 S2 0.8055 S3 0.8035 S4 0.8005

Open : 0.8154
High : 0.8155
Low : 0.8149
Range : 6 Pips
Running Price : 0.8149

Strategy : SELL at the level 0.8149 stop loss at the level 0.8224 target take profit at the level 0.8035 or at the level 0.8005

EUR/GBP analysis for today 5 / 13 / 2014


Resistance 3 0.8279
Resistance 2 0.8249
Resistance 1 0.8229
Pivot Point 0.8154
Support 1 0.8075
Support 2 0.8055
Support 3 0.8025

BUY STOP 0.8229 STOP LOSS 0.8075 TAKE PROFIT 0.8249
SELL STOP 0.8075 STOP LOSS 0.8229 TAKE PROFIT 0.8055

Pivots Daily indicator the following important levels:
First level of support at around 0.8127
Level Two support at around 0.8111
The third support at around 0.8088
The pivot point is at around 0.8150
First level of resistance at around 0.8166
Second resistance level is at around 0.8189
The third resistance level is at around 0.8205
Levels of buy Intraday at around 0.8088 target 0.8111.
Levels of sell Intraday at around 0.8205 target 0.8189.

analysis for today 5 / 14 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8149
Retracement (50%) 0.8154
retracement (61,8%) 0.8158

Extensions (61.8%) 0.8110
Extensions (100.0%) 0.8095
Extensions (138.2%) 0.8080
Extensions (161.8%) 0.8071
calculation based on a Fibonacci retracement then today I choose sell

analysis for today 5 / 14 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 5 / 13 / 2014
OPEN 0.8154
HIGH 0.8173
LOW 0.8134
CLOSED 0.8143

The third resistance (R3) 0.8173 -( 0.8150 - 0.8134 = 0.0016 x 2 = 0.0032 )= 0.8205
The second Resistance (R2) 0.8150 + 0.8173 - 0.8134 = 0.8189
First resistance (R1) 0.8150 x 2 = 1.6300 - 0.8134 = 0.8166
pivot points 0.8173 + 0.8134 + 0.8143 = 2.4450 / 3 = 0.8150
Support for the first (S1) 0.8150 x 2 = 1.6300 - 0.8173 = 0.8127
Support second (S2) 0.8150 -( 0.8173 - 0.8134 = 0.0039 ) = 0.8111
Third Support (S3) 0.8134 -( 0.8173 - 0.8150 = 0.0023 x 2 = 0.0046 )= 0.8088

Pivots Daily indicator the following important levels:
First level of support at around 0.8141
Level Two support at around 0.8106
The third support at around 0.8085
The pivot point is at around 0.8162
First level of resistance at around 0.8197
Second resistance level is at around 0.8218
The third resistance level is at around 0.8253
Levels of buy Intraday at around 0.8085 target 0.8106.
Levels of sell Intraday at around 0.8253 target 0.8218.

analysis for today 5 / 15 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.8161
Retracement (50%) 0.8155
retracement (61,8%) 0.8148

Extensions (61.8%) 0.8216
Extensions (100.0%) 0.8237
Extensions (138.2%) 0.8258
Extensions (161.8%) 0.8271
calculation based on a Fibonacci retracement then today I choose buy

analysis for today 5 / 15 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 5 / 14 / 2014
OPEN 0.8142
HIGH 0.8182
LOW 0.8127
CLOSED 0.8177

The third resistance (R3) 0.8182 -( 0.8162 - 0.8127 = 0.0035 x 2 = 0.0070 )= 0.8252
The second Resistance (R2) 0.8162 + 0.8182 - 0.8127 = 0.8217
First resistance (R1) 0.8162 x 2 = 1.6324 - 0.8127 = 0.8197
pivot points 0.8182 + 0.8127 + 0.8177 = 2.4486 / 3 = 0.8162
Support for the first (S1) 0.8162 x 2 = 1.6324 - 0.8182 = 0.8142
Support second (S2) 0.8162 -( 0.8182 - 0.8127 = 0.0055 ) = 0.8107
Third Support (S3) 0.8127 -( 0.8182 - 0.8162 = 0.0020 x 2 = 0.0040 )= 0.8087

Pivots Daily indicator the following important levels:
First level of support at around 0.8145
Level Two support at around 0.8126
The third support at around 0.8107
The pivot point is at around 0.8164
First level of resistance at around 0.8183
Second resistance level is at around 0.8202
The third resistance level is at around 0.8221
Levels of buy Intraday at around 0.8107 target 0.8126.
Levels of sell Intraday at around 0.8221 target 0.8202.

analysis for today 5 / 16 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 5 / 15 / 2014
OPEN 0.8176
HIGH 0.8182
LOW 0.8144
CLOSED 0.8163

The third resistance (R3) 0.8182 -( 0.8163 - 0.8144 = 0.0019 x 2 = 0.0038 )= 0.8220
The second Resistance (R2) 0.8163 + 0.8182 - 0.8144 = 0.8201
First resistance (R1) 0.8163 x 2 = 1.6326 - 0.8144 = 0.8182
pivot points 0.8182 + 0.8144 + 0.8163 = 2.4489 / 3 = 0.8163
Support for the first (S1) 0.8163 x 2 = 1.6326 - 0.8182 = 0.8144
Support second (S2) 0.8163 -( 0.8182 - 0.8144 = 0.0038 ) = 0.8125
Third Support (S3) 0.8144 -( 0.8182 - 0.8163 = 0.0019 x 2 = 0.0038 )= 0.8106

uro gpd in the foreign market so that is realy good for trading area in that position here you can go and out for the ............

analysis for today 5 / 16 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8159
Retracement (50%) 0.8163
retracement (61,8%) 0.8167

Extensions (61.8%) 0.8121
Extensions (100.0%) 0.8106
Extensions (138.2%) 0.8091
Extensions (161.8%) 0.8083
calculation based on a Fibonacci retracement then today I choose sell

weekly technical analysis for EURGBP
EURGBP current fall is near an end of wave around 0.8120 zone, a rally should then procede to above 0.8177. Fall below 0.8095 would cancel this scenario.

Key Point 0.8114
Entry Point 0.8142
Trendline 1 0.8195
Trendline 2 0.8120

Support 1 0.8120 Support 2 0.8095
Resistance 1 0.8177 Resistance 2 0.8209