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Main » 2019 » August » 1 » Analysis and forecast of the currency pair EURGBP today 01.08.2019.
11:36
Analysis and forecast of the currency pair EURGBP today 01.08.2019.

article33766.jpg

Analytics is based on the circular level, price channels and altered wave analysis.

08/01/2019 Technical analysis and forecast EURGBP


On the daily timeframe EURGBP formed a reversal pattern "absorption."

 

 

 

 

 

Timeframe M30 occurred narrowing Bollinger bands that tend to lead to a strong pulse (the effect of the compressed spring - market participants are concentrated in a narrow range of prices). EURGBP trading below 135 moving average. Penetration level of 0.9088 will give a patterning 123.

 

 

Trade Idea pair EURGBP:

Sell ​​EURGBP pair below 0.9088.

Stop Loss - 0.9123 (short); 0.9182.

Target levels - 0.9050; 0.9000; 0.8950.

 

 

 

 

Author: Eugene Boguraev Grand Capital

 

Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.

 

Views: 15 | Added by: mik | Rating: 0.0/0
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