Cross-rates signals: EUR/GBP is waiting for correction - Ester Holdings
||

Cross-rates signals: EUR/GBP is waiting for correction

Cross EUR/GBP was in the oversold zone and is limited to psychology 0.8900 after another decline. It limits the possibility of continuing a downtrend without unloading the oversold pair in turn.

Therefore, with the return of the EUR/GBP cross above 0.8900, we should expect correction with the resistance level test: 0.8930-50. Support is located at the levels: 0.8880-70.


Read also: “ADX Indicator – Pros and Cons”

Hanzenko Anton

Earn with the help of the trade service on the news Erste News!

Topical articles of the trader’s blog:

  1. Does Monday is so hard  as everybody say?
  2. How to trade CFD contracts with Ester Holdings Inc.?
  3. Friday trades: features and patterns.

Current Investment ideas:

  1. Preparing to have profits on an optimistic report of Alcoa Inc.!
  2. On weak reporting of Boeing shares we can get a strong income!

 

 

Вы с украины?