Eur/gbp

http://prntscr.com/3zcdn4
analysis for today 7 / 4 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.7946
Retracement (50%) 0.7951
retracement (61,8%) 0.7956

Extensions (61.8%) 0.7904
Extensions (100.0%) 0.7888
Extensions (138.2%) 0.7872
Extensions (161.8%) 0.7862
calculation based on a Fibonacci retracement then today I choose sell

http://prntscr.com/404tgq
analysis for today 7 / 7 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 7 / 4 / 2014
OPEN 0.7932
HIGH 0.7933
LOW 0.7918
CLOSED 0.7920

The third resistance (R3) 0.7933 -( 0.7924 - 0.7918 = 0.0006 x 2 = 0.0011 )= 0.7944
The second Resistance (R2) 0.7924 + 0.7933 - 0.7918 = 0.7939
First resistance (R1) 0.7924 x 2 = 1.5847 - 0.7918 = 0.7929
pivot points 0.7933 + 0.7918 + 0.7920 = 2.3771 / 3 = 0.7924
Support for the first (S1) 0.7924 x 2 = 1.5847 - 0.7933 = 0.7914
Support second (S2) 0.7924 -( 0.7933 - 0.7918 = 0.0015 ) = 0.7909
Third Support (S3) 0.7918 -( 0.7933 - 0.7924 = 0.0009 x 2 = 0.0019 )= 0.7899

http://prntscr.com/40a3un
analysis for today 7 / 7 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.7924
Retracement (50%) 0.7926
retracement (61,8%) 0.7927

Extensions (61.8%) 0.7909
Extensions (100.0%) 0.7903
Extensions (138.2%) 0.7897
Extensions (161.8%) 0.7894
calculation based on a Fibonacci retracement then today I choose sell

As you can see on the EURGBP chart in front of you the price direction is bearish and that is because of the down channel taking place .
According to the Donchin channel on the chart the Top side of the channel was the last level to be hit by a candle which means that if a trade is to opened now a sell order would be recommended and the low side would be considered as a take profit .
As for the Awesome oscillator's signs it appears that the trend is going to be bearish one and that is because the Awesome oscillator is giving a red sign above the 0 level .
Also the stostatic is makes a sell cross near the 80 th level which means a bearish trend will be taking place .
As a conclusion I recommend a sell order as soon as you get a confirmation from the stostatic and the awesome oscillator targeting the low level of the Donchin cannel .

http://prntscr.com/40hmcc
analysis for today 7 / 8 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 7 / 7 / 2014
OPEN 0.7917
HIGH 0.7946
LOW 0.7914
CLOSED 0.7941

The third resistance (R3) 0.7946 -( 0.7934 - 0.7914 = 0.0020 x 2 = 0.0039 )= 0.7985
The second Resistance (R2) 0.7934 + 0.7946 - 0.7914 = 0.7966
First resistance (R1) 0.7934 x 2 = 1.5867 - 0.7914 = 0.7953
pivot points 0.7946 + 0.7914 + 0.7941 = 2.3801 / 3 = 0.7934
Support for the first (S1) 0.7934 x 2 = 1.5867 - 0.7946 = 0.7921
Support second (S2) 0.7934 -( 0.7946 - 0.7914 = 0.0032 ) = 0.7902
Third Support (S3) 0.7914 -( 0.7946 - 0.7934 = 0.0012 x 2 = 0.0025 )= 0.7889

analysis for today 7 / 8 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.7926
Retracement (50%) 0.7930
retracement (61,8%) 0.7934

Extensions (61.8%) 0.7894
Extensions (100.0%) 0.7882
Extensions (138.2%) 0.7870
Extensions (161.8%) 0.7862
calculation based on a Fibonacci retracement then today I choose sell

My forecasting for today on the EURGBP shows that the price is currently moving downwards through the down channel as you can see .
Awesome oscillator is a good indicator to avoid side trend market and it is currently showing a sell signal by getting a red bars located above the 0 th level to indicate a bearish trend .
Now when you take a close look to the chart you can see that the price hit the high edge of donchin channel which can be a good bearish signal till the price be able to hit the low edge of it .
Finally another sell condition is shown by getting down cross at the stostatic indicator and the two lines is almost at level of 80 .
To finish the forecasting I gess that you can consider a bearish trend on the short term and then sell orders can take place as soon as you can see clear signals on both awesome oscillator and stostatic .

My forecasting for today on the EURGBP shows that the price is currently moving downwards through the down channel as you can see .
Awesome oscillator is a good indicator to avoid side trend market and it is currently showing a sell signal by getting a red bars located above the 0 th level to indicate a bearish trend .
Now when you take a close look to the chart you can see that the price hit the high edge of donchin channel which can be a good bearish signal till the price be able to hit the low edge of it .
Finally another sell condition is shown by getting down cross at the stostatic indicator and the two lines is almost at level of 80 .
To finish the forecasting I gess that you can consider a bearish trend on the short term and then sell orders can take place as soon as you can see clear signals on both awesome oscillator and stostatic .

http://prntscr.com/416c5a
analysis for today 7 / 10 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 7 / 9 / 2014
OPEN 0.7943
HIGH 0.7962
LOW 0.7942
CLOSED 0.7949

The third resistance (R3) 0.7962 -( 0.7951 - 0.7942 = 0.0009 x 2 = 0.0018 )= 0.7980
The second Resistance (R2) 0.7951 + 0.7962 - 0.7942 = 0.7971
First resistance (R1) 0.7951 x 2 = 1.5902 - 0.7942 = 0.7960
pivot points 0.7962 + 0.7942 + 0.7949 = 2.3853 / 3 = 0.7951
Support for the first (S1) 0.7951 x 2 = 1.5902 - 0.7962 = 0.7940
Support second (S2) 0.7951 -( 0.7962 - 0.7942 = 0.0020 ) = 0.7931
Third Support (S3) 0.7942 -( 0.7962 - 0.7951 = 0.0011 x 2 = 0.0022 )= 0.7920

http://prntscr.com/419d55
analysis for today 7 / 10 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.7950
Retracement (50%) 0.7952
retracement (61,8%) 0.7954

Extensions (61.8%) 0.7930
Extensions (100.0%) 0.7922
Extensions (138.2%) 0.7914
Extensions (161.8%) 0.7910
calculation based on a Fibonacci retracement then today I choose sell

http://prntscr.com/41jsjr
analysis for today 7 / 11 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 7 / 10 / 2014
OPEN 0.7942
HIGH 0.7950
LOW 0.7936
CLOSED 0.7940

The third resistance (R3) 0.7950 -( 0.7942 - 0.7936 = 0.0006 x 2 = 0.0012 )= 0.7962
The second Resistance (R2) 0.7942 + 0.7950 - 0.7936 = 0.7956
First resistance (R1) 0.7942 x 2 = 1.5884 - 0.7936 = 0.7948
pivot points 0.7950 + 0.7936 + 0.7940 = 2.3826 / 3 = 0.7942
Support for the first (S1) 0.7942 x 2 = 1.5884 - 0.7950 = 0.7934
Support second (S2) 0.7942 -( 0.7950 - 0.7936 = 0.0014 ) = 0.7928
Third Support (S3) 0.7936 -( 0.7950 - 0.7942 = 0.0008 x 2 = 0.0016 )= 0.7920

http://prntscr.com/41mgg9
analysis for today 7 / 11 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.7941
Retracement (50%) 0.7943
retracement (61,8%) 0.7945

Extensions (61.8%) 0.7927
Extensions (100.0%) 0.7922
Extensions (138.2%) 0.7917
Extensions (161.8%) 0.7913
calculation based on a Fibonacci retracement then today I choose sell

http://prntscr.com/42hlsa
analysis for today 7 / 14 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 7 / 11 / 2014
OPEN 0.7942
HIGH 0.7956
LOW 0.7936
CLOSED 0.7950

The third resistance (R3) 0.7956 -( 0.7947 - 0.7936 = 0.0011 x 2 = 0.0023 )= 0.7979
The second Resistance (R2) 0.7947 + 0.7956 - 0.7936 = 0.7967
First resistance (R1) 0.7947 x 2 = 1.5895 - 0.7936 = 0.7959
pivot points 0.7956 + 0.7936 + 0.7950 = 2.3842 / 3 = 0.7947
Support for the first (S1) 0.7947 x 2 = 1.5895 - 0.7956 = 0.7939
Support second (S2) 0.7947 -( 0.7956 - 0.7936 = 0.0020 ) = 0.7927
Third Support (S3) 0.7936 -( 0.7956 - 0.7947 = 0.0009 x 2 = 0.0017 )= 0.7919

http://prntscr.com/42kue1
analysis for today 7 / 14 / 2014
EUR/GBP (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.7948
Retracement (50%) 0.7946
retracement (61,8%) 0.7944

Extensions (61.8%) 0.7968
Extensions (100.0%) 0.7976
Extensions (138.2%) 0.7984
Extensions (161.8%) 0.7988
calculation based on a Fibonacci retracement then today I choose buy

http://prntscr.com/42rw6u
analysis for today 7 / 15 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 7 / 14 / 2014
OPEN 0.7942
HIGH 0.7980
LOW 0.7941
CLOSED 0.7970

The third resistance (R3) 0.7980 -( 0.7964 - 0.7941 = 0.0023 x 2 = 0.0045 )= 0.8025
The second Resistance (R2) 0.7964 + 0.7980 - 0.7941 = 0.8003
First resistance (R1) 0.7964 x 2 = 1.5927 - 0.7941 = 0.7986
pivot points 0.7980 + 0.7941 + 0.7970 = 2.3891 / 3 = 0.7964
Support for the first (S1) 0.7964 x 2 = 1.5927 - 0.7980 = 0.7947
Support second (S2) 0.7964 -( 0.7980 - 0.7941 = 0.0039 ) = 0.7925
Third Support (S3) 0.7941 -( 0.7980 - 0.7964 = 0.0016 x 2 = 0.0033 )= 0.7908