Eur/gbp

analysis for today 5 / 23 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8095
Retracement (50%) 0.8098
retracement (61,8%) 0.8101

Extensions (61.8%) 0.8069
Extensions (100.0%) 0.8059
Extensions (138.2%) 0.8049
Extensions (161.8%) 0.8043
calculation based on a Fibonacci retracement then today I choose sell

EUR/GBP analysis for today 5 / 23 / 2014


Resistance 3 0.8211
Resistance 2 0.8181
Resistance 1 0.8161
Pivot Point 0.8094
Support 1 0.8023
Support 2 0.8003
Support 3 0.7973

BUY STOP 0.8161 STOP LOSS 0.8023 TAKE PROFIT 0.8181
SELL STOP 0.8023 STOP LOSS 0.8161 TAKE PROFIT 0.8003

analysis for today 5 / 26 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 5 / 23 / 2014
OPEN 0.8094
HIGH 0.8103
LOW 0.8081
CLOSED 0.8096

The third resistance (R3) 0.8103 -( 0.8093 - 0.8081 = 0.0012 x 2 = 0.0025 )= 0.8128
The second Resistance (R2) 0.8093 + 0.8103 - 0.8081 = 0.8115
First resistance (R1) 0.8093 x 2 = 1.6187 - 0.8081 = 0.8106
pivot points 0.8103 + 0.8081 + 0.8096 = 2.4280 / 3 = 0.8093
Support for the first (S1) 0.8093 x 2 = 1.6187 - 0.8103 = 0.8084
Support second (S2) 0.8093 -( 0.8103 - 0.8081 = 0.0022 ) = 0.8071
Third Support (S3) 0.8081 -( 0.8103 - 0.8093 = 0.0010 x 2 = 0.0019 )= 0.8062

analysis for today 5 / 26 / 2014

EUR/GBP

Resistance : R1 0.8162 R2 0.8187 R3 0.8207 R4 0.8237
Support : S1 0.8020 S2 0.7995 S3 0.7975 S4 0.7945

Open : 0.8093
High : 0.8095
Low : 0.8087
Range : 8 Pips
Running Price : 0.8090

Strategy : SELL at the level 0.8090 stop loss at the level 0.8162 target take profit at the level 0.7975 or at the level 0.7945

analysis for today 5 / 26 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8089
Retracement (50%) 0.8092
retracement (61,8%) 0.8095

Extensions (61.8%) 0.8067
Extensions (100.0%) 0.8059
Extensions (138.2%) 0.8051
Extensions (161.8%) 0.8045
calculation based on a Fibonacci retracement then today I choose sell

EUR/GBP analysis for today 5 / 26 / 2014


Resistance 3 0.8217
Resistance 2 0.8187
Resistance 1 0.8167
Pivot Point 0.8093
Support 1 0.8015
Support 2 0.7995
Support 3 0.7965

BUY STOP 0.8167 STOP LOSS 0.8015 TAKE PROFIT 0.8187
SELL STOP 0.8015 STOP LOSS 0.8167 TAKE PROFIT 0.7995

Pivots Daily indicator the following important levels:
First level of support at around 0.8087
Level Two support at around 0.8076
The third support at around 0.8067
The pivot point is at around 0.8096
First level of resistance at around 0.8107
Second resistance level is at around 0.8116
The third resistance level is at around 0.8127
Levels of buy Intraday at around 0.8076 target 0.8096.
Levels of sell Intraday at around 0.8116 target 0.8096.

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analysis for today 5 / 27 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 5 / 26 / 2014
OPEN 0.8093
HIGH 0.8105
LOW 0.8084
CLOSED 0.8100

The third resistance (R3) 0.8105 -( 0.8096 - 0.8084 = 0.0012 x 2 = 0.0025 )= 0.8130
The second Resistance (R2) 0.8096 + 0.8105 - 0.8084 = 0.8117
First resistance (R1) 0.8096 x 2 = 1.6193 - 0.8084 = 0.8109
pivot points 0.8105 + 0.8084 + 0.8100 = 2.4289 / 3 = 0.8096
Support for the first (S1) 0.8096 x 2 = 1.6193 - 0.8105 = 0.8088
Support second (S2) 0.8096 -( 0.8105 - 0.8084 = 0.0021 ) = 0.8075
Third Support (S3) 0.8084 -( 0.8105 - 0.8096 = 0.0009 x 2 = 0.0017 )= 0.8067

analysis for today 5 / 27 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8095
Retracement (50%) 0.8098
retracement (61,8%) 0.8101

Extensions (61.8%) 0.8069
Extensions (100.0%) 0.8059
Extensions (138.2%) 0.8049
Extensions (161.8%) 0.8043
calculation based on a Fibonacci retracement then today I choose sell

analysis for today 5 / 28 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.8104
Retracement (50%) 0.8101
retracement (61,8%) 0.8097

Extensions (61.8%) 0.8135
Extensions (100.0%) 0.8147
Extensions (138.2%) 0.8159
Extensions (161.8%) 0.8166
calculation based on a Fibonacci retracement then today I choose buy

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analysis for today 5 / 29 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 5 / 28 / 2014
OPEN 0.8109
HIGH 0.8142
LOW 0.8104
CLOSED 1.8131

The third resistance (R3) 0.8142 -( 1.1459 - 0.8104 = 0.3355 x 2 = 0.6710 )= 1.4852
The second Resistance (R2) 1.1459 + 0.8142 - 0.8104 = 1.1497
First resistance (R1) 1.1459 x 2 = 2.2918 - 0.8104 = 1.4814
pivot points 0.8142 + 0.8104 + 1.8131 = 3.4377 / 3 = 1.1459
Support for the first (S1) 1.1459 x 2 = 2.2918 - 0.8142 = 1.4776
Support second (S2) 1.1459 -( 0.8142 - 0.8104 = 0.0038 ) = 1.1421
Third Support (S3) 0.8104 -( 0.8142 - 1.1459 = -0.3317 x 2 = -0.6634 )= 1.4738

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analysis for today 5 / 29 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.8127
Retracement (50%) 0.8123
retracement (61,8%) 0.8119

Extensions (61.8%) 0.8165
Extensions (100.0%) 0.8180
Extensions (138.2%) 0.8195
Extensions (161.8%) 0.8203
calculation based on a Fibonacci retracement then today I choose buy

the pair go back from fibo 50 to down way

stochastic refers to down way also

so the target is sell the pair to fibo 23

if the pair broke fibo 50 to up way we will cancel the down view

The daily trend still indicates that there is still
some good pressure on EUR/GBP and it is likely to
go down even more from now.I am short from
0.8770 with a take profit of 25 pips at 0.8745.Still
haven't decided my stop loss yet.I might ammend
the stop loss after some time.

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analysis for today 5 / 30 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 5 / 29 / 2014
OPEN 0.8131
HIGH 0.8152
LOW 0.8128
CLOSED 0.8134

The third resistance (R3) 0.8152 -( 0.8138 - 0.8128 = 0.0010 x 2 = 0.0020 )= 0.8172
The second Resistance (R2) 0.8138 + 0.8152 - 0.8128 = 0.8162
First resistance (R1) 0.8138 x 2 = 1.6276 - 0.8128 = 0.8148
pivot points 0.8152 + 0.8128 + 0.8134 = 2.4414 / 3 = 0.8138
Support for the first (S1) 0.8138 x 2 = 1.6276 - 0.8152 = 0.8124
Support second (S2) 0.8138 -( 0.8152 - 0.8128 = 0.0024 ) = 0.8114
Third Support (S3) 0.8128 -( 0.8152 - 0.8138 = 0.0014 x 2 = 0.0028 )= 0.8100