Tags » Eur/Gbp

17 October 2014 – EUR/GBP – A wide flat market

Daily EUR/GBP candlestick chart. Last week the EUR/GBP tested the static resistance at (about) 0,7873, without breaking it. This week the currency pair has broken the static resistance (now support) at 0,7873 and has reached the static resistance at (about) 0,8033. 43 more words

Forex Technical Analysis

10 October 2014 – EUR/GBP – Testing the static resistance

Daily EUR/GBP candlestick chart. Last week the EUR/GBP slid down over the (ex) medium term down trend line, with a weird movement. This week the currency pair has tested the (new) static resistance, but so far there wasn’t any penetration (a daily close above the static resistance).

Forex Technical Analysis

Quick update on FX positioning

The US dollar remains strong against all the currencies since yesterday, erasing little by little its post-minutes losses. EURUSD is back to 1.2660, the trend looks bearish and I would set my short term target at 1.2600. 193 more words

FX Trading

EUR/GBP : for the bears

Technically, there is a resistance around 0.7890 (see chart below) and a figure resistance at 0.7900. If the bears stick to their idea, they should test the short at 0.7880/90 with a tight stop above  0.7915. 17 more words

Forex

3 October 2014 – EUR/GBP – Sliding down on the trend line

Daily EUR/GBP candlestick chart. The EUR/GBP has continued to slide down over the (ex) medium term down trend line, which has continued to act as a weird (falling) dynamic support, as the last week.

Forex Technical Analysis