Every day we select a major FX pair and publish our daily analysis and recommended trading strategy as a sample of our style. Here you can assess the quality of our calls and maybe consider upgrading to a monthly subscription. You can also take the one month trial at a highly discounted price.
Please note this free call is not updated throughout the day or week. Intraday and Intraweek updates are only available for subscribers. Find out more.
- Free Live Call !
- Dow Jones
- US T.Notes
Last Update 26/11/2014 - 10:49am
AnalysisEURGBP - Intraday - We look to Sell at 0.7949 (stop at 0.7969)
The Marabuzo level from the 21/11 is located at 0.7949 . Mixed but positive price action has resulted in consecutive, narrow-ranged, sideways trading days. A lack of clear direction has formed a channel on the intraday chart that has a mild bias to break lower. Further downside is expected although we prefer to sell into rallies close to the 0.7949 level.
Our profit targets will be 0.7909 and 0.7875
Resistance: 0.7949 / 0.7990 / 0.8000
Support: 0.7909 / 0.7875 / 0.7850
Not sure about the analysis? Learn how to trade our signals >Disclaimer: This is a promotional sample of our financial analysis. It is provided so that potential clients can see the detail and formation of the information we provide. It is not a recommendation to buy or sell, nor does it constitute advice and you should not act upon this information. Hypothetical and simulated performance results do not represent actual trading, may not account for actual market factors and have many limitations. You may not achieve similar profits or results. No representation is being made with respect to performance, profits or results.
Unlock this tab now!
and enjoy access to:
- Award Winning Research on Forex, Indices and Interest Rate Futures
- more than 24 different signals
- up to 11 different packages available
- powered by a brand new dashboard
- real-time audio and visual alerts
- many intraday and intraweek updates