ActionForex.com
Apr 24 18:41 GMT

Sponsors

Forex Expos

Action Insight: EURGBP Technical Outlook

Action Insight is the most popular section of the site, read by traders around the world. Our team of analysts work around the clock, analyzing the markets from technical and fundamental perspectives in providing the reports in this section to you.



EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Apr 24 14 03:23 GMT
A temporary low is formed at 0.8197 and intraday bias is turned neutral first. Recent development is quite mixed. But we'd like to point out again that the cross is staying inside medium term falling channel. And there is no confirmation of bottoming. Below 0.8197 will target 0.8157 key support and break will carry larger bearish implications. On the upside, break of 0.8309 will confirm completion of the fall from 0.8399 and will bring retest of this resistance.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Apr 23 14 02:09 GMT
While downside momentum is not too strong, EUR/GBP does continue the decline from 0.8399 and reaches as low as 0.8197 so far. Intraday bias remains on the downside and current fall should continue to 0.8157 key support level. The cross is staying inside medium term falling channel so far and decisive break of 0.8157 will carry larger bearish implications. On the upside, above 0.8246 minor resistance will turn bias neutral first. But break of 0.8309 is needed to indicate reversal. Otherwise, outlook will stay cautiously bearish in case of recovery.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Apr 22 14 01:41 GMT
Intraday bias in EUR/GBP remains on the downside and current fall from 0.8399 is expected to continue to 0.8157 key support level. The cross is staying inside medium term falling channel so far and decisive break of 0.8157 will carry larger bearish implications. On the upside, above 0.8309 will argue that fall from 0.8399 has completed and will turn bias back to the upside for retesting this resistance.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Apr 17 14 07:26 GMT
The break of 0.8230 confirmed that fall from 0.8399 has resumed and intraday bias remains on the downside for 0.8157 key support. Also, the cross is staying inside medium term falling channel so far and decisive break of 0.8157 will carry larger bearish implications. On the upside, above 0.8309 will argue that fall from 0.8399 has completed and will turn bias back to the upside for retesting this resistance.
Read more...
 
EUR/GBP Mid-Day Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Apr 16 14 13:14 GMT
The sharp decline today suggests that fall from 0.8399 is possibly resuming. Intraday bias is mildly on the downside for 0.8230 support first. Break will target a test on 0.8157. Also, the cross is staying inside medium term falling channel so far and decisive break of 0.8157 will carry larger bearish implications. On the upside, above 0.8309 will argue that fall from 0.8399 has completed and will turn bias back to the upside for retesting this resistance.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Apr 16 14 03:36 GMT
Intraday bias in EUR/GBP remains neutral as it's staying in consolidative trading in range of 0.8230/8314. As long as 0.8314 holds, another decline is still in favor. Below 0.8230 will target a test on 0.8157. Also, the cross is staying inside medium term falling channel so far and decisive break of 0.8157 will carry larger bearish implications. Nonetheless, above 0.8314 will argue that fall from 0.8399 has completed, on bullish convergence condition in 4 hours MACD, and will turn bias back to the upside for retesting this resistance.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Apr 15 14 03:48 GMT
EUR/GBP is staying in range of 0.8230/8314 and intraday bias remains neutral first. As long as 0.8314 holds, another decline is still in favor. Below 0.8230 will target a test on 0.8157. Also, the cross is staying inside medium term falling channel so far and decisive break of 0.8157 will carry larger bearish implications. Nonetheless, above 0.8314 will argue that fall from 0.8399 has completed, on bullish convergence condition in 4 hours MACD, and will turn bias back to the upside for retesting this resistance.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Apr 14 14 07:55 GMT
Intraday bias in EUR/GBP remains neutral for the moment with focus on 0.8314 resistance. As long as 0.8314 holds, another decline is still in favor. Below 0.8230 will target a test on 0.8157. Also, EUR/GBP is staying inside medium term falling channel so far and decisive break of 0.8157 will carry larger bearish implications. Nonetheless, above 0.8314 will argue that fall from 0.8399 has completed, on bullish convergence condition in 4 hours MACD, and will turn bias back to the upside for retesting this resistance.
Read more...
 
EUR/GBP Weekly Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Apr 12 14 03:09 GMT
EUR/GBP edged lower to 0.8230 last week but rebounded strongly from there. Initial bias stays neutral this week first with focus on 0.8314 resistance. As long as 0.8314 holds, another decline is still in favor. Below 0.8230 will target a test on 0.8157. Also, EUR/GBP is staying inside medium term falling channel so far and decisive break of 0.8157 will carry larger bearish implications. Nonetheless, above 0.8314 will argue that fall from 0.8399 has completed, on bullish convergence condition in 4 hours MACD, and will turn bias back to the upside for retesting this resistance.
Read more...
 
EUR/GBP Daily Outlook Print E-mail
EURGBP Outlook | Written by ActionForex.com | Apr 11 14 02:44 GMT
The recovery from 0.8230 temporary low is still in progress but could extend higher. But there is no unchanged in the mildly bearish outlook as long as 0.8314 resistance holds. The cross is staying inside the medium term falling channel and fall from 0.8768 is possibly still in progress. Break of 0.8230 will target 0.8157 key support level. Decisive break of 0.8157 carries larger bearish implications. On the upside, however, considering bullish convergence condition in 4 hours MACD, break of 0.8314 resistance will indicate that fall from 0.8399 has completed and will turn bias back to the upside for retesting this resistance.
Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 42

Latest in Technical Outlook

Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

Action Insight Newsletter
ActionForex.com © 2014 All rights reserved.