FxWirePro
Long

EUR/GBP long setup

FX:EURGBP   Euro / Britisches Pfund
EUR/GBP             edges higher for the 4th successive session, tests 21-EMA ar 0.8814, breakout to see further upside.
Indicators on intraday charts have turned bullish . We see scope for test of 200-DMA             at 0.8846.
Violation at 200-DMA             will take the pair higher. While on the downside, break below trendline at 0.8785 will see resumption of downside.
Markets focus on EZ GDP, German CPI             data due later today for further impetus.
Analysts are forecasting 0.6% EU GDP growth over the previous quarter and a 2.6% increase over the same period last year.
Consensus forecast for German CPI             calls for a 1.6% increase over the previous annual period.

Support levels - 0.88, 0.8772 (5-DMA), 0.8682 (61.8% Fib retrace of 0.8297 to 0.9306 rally)
Resistance levels - 0.8814 (21-EMA), 0.8826 ( 20-DMA             ), 0.8846 ( 200-DMA             )

Good to go long on breakout above 21-EMA, SL: 0.8770, TP: 0.8845/ 0.89/ 0.8920
What a great read on the trade!
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden