empty
 
 
31.08.2015 10:56 AM
Technical analysis of EUR/GBP for August 31, 2015

This image is no longer relevant

Technical outlook and chart setups:

The EUR/GBP monthly chart, which is depicted here, shows a larger view of the entire wave structure indicating that a meaningful low might take place at 0.6900/20 this month. A bullish morning star candlestick pattern is also being produced indicating a potential reversal from here. Furthermore, the pair is bouncing off the fibonacci 0.618 support as well. It is hence recommended to initiate long positions with risk below 0.6900. Immediate support is seen at 0.6900 (interim), while resistance is seen at 0.7474 and higher respectively.

Trading recommendations:

Initiate fresh long positions, stop at 0.6800, a target is open.

Good luck!

Ringkasan
Urgensi
Analitik
InstaForex Analyst
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback