Elliott Wave Analysis: Trading EURGBP with Right Side System

by elliottwave-forecast.com | March 12, 2019 5:20 pm
In this blog, I want to share with you some Elliott Wave charts of EURGBP which we presented to our members recently. You see the 1-hour updated chart presented to our clients on the 03/09/19. The higher degree trend of...

Elliott Wave View: Downside Pressure in EURGBP

by elliottwave-forecast.com | February 26, 2019 9:36 pm
EURGBP shows a sequence of lower low from August 29, 2017 high, suggesting further downside is likely. The bounce to 0.9105 on January 3, 2019 high ended wave (2). From there, pair declines as a double three...

Elliott Wave Analysis: More Downside Expected in EURGBP

by elliottwave-forecast.com | February 13, 2019 8:17 pm
Hello fellow traders. I want to share with you some Elliott Wave charts of EURGBP which we presented to our members at Elliott Wave Forecast. You see the 4-hour updated chart presented to our clients on the 01/26/19 below EURGBP unfolded as an...

EURGBP Channel Support (Mar 15, 2018)

by Kate Curtis | March 15, 2018 4:49 am
EURGBP is trending higher on its 4-hour time frame, moving inside an ascending channel and currently testing support. A bounce could take it back up to the resistance at the .9000 major psychological level. Stochastic is already...

EURGBP Descending Channel (Feb 09, 2018)

by Kate Curtis | February 9, 2018 5:25 am
EURGBP continues to trade lower as it bounced off the descending channel resistance on its 4-hour time frame. Price could keep dropping until the channel support around .8650, which might provide a countertrend opportunity. Stochastic is already...

EURGBP Channel Resistance (Jan 05, 2018)

by Kate Curtis | January 5, 2018 4:52 am
EURGBP is trending lower in a shallow descending channel visible on its 4-hour chart. Price is approaching the channel resistance at the .8950 minor psychological level and might be due for a bounce. The 100 SMA is...

EURGBP Channel Resistance (Dec 18, 2017)

by Kate Curtis | December 18, 2017 4:52 am
EURGBP has been trending lower on its 1-hour time frame, trading inside a new descending channel pattern. Price is currently testing the resistance and could be due for a drop to support. The resistance lines up with...

EURGBP Range Support (Nov 30, 2017)

by Kate Curtis | November 30, 2017 5:02 am
EURGBP has been on the decline but could be due for a bounce once it tests the range support near the .8750 minor psychological level. Stochastic is on the move down to show that selling pressure is...

GBPJPY Failed To Break Below 146.93 Support

by ForexCycle.com | November 29, 2017 10:10 am
GBPJPY failed in its attempt to break below 146.93 support, and stayed in a trading range between 146.93 and 152.85. As long as 146.93 support holds, the price action in the range could be treated as consolidation...

EURGBP Range Support (Nov 21, 2017)

by Kate Curtis | November 22, 2017 5:39 am
EURGBP has been trading sideways recently, finding resistance around the .9000 major psychological level and support near the .8750 minor psychological mark. Price has just bounced off the ceiling and is halfway through on its way to...