EUR/GBP : Critical Point 0.7828 *LINK*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

Hong Kong Qindex 09:12 GMT July 15, 2012 - My Profile
EUR/GBP : Critical Point 0.7828 : Reply
Sell EURGBP
Entry: Target: Stop:

EUR/GBP : Critical Point 0.7828

The market is under pressure when it is below the critical barrier at 0.7821 // 0.7828*. Speculative selling pressure will increase when the market is trading below the barrier at 0.7790 // 0.7795. The weekly cycle pivot centres are positioning at 0.7816 - 0.7888 - 0.7916. As shown in the monthly cycle projected series the market is heading towards the lower barrier at 0.7689 // 0.7737. This is in agreement with the monthly cycle congested area which indicates that the market has a tendency to trade within 0.7696 and 0.8027.

Qindex.com

EUR/GBP : Monthly Cycle Charts
http://www.qindex.com/eur-gbp.html

EUR/GBP : Monthly Cycle Charts

Forum Policy

Return to Index