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Blog 10/5: Sell EUR/GBP follow weekly chart

Haynes6EU Posted 10 May  in #Trader's blog #Euro #Eurgbp #Pound
Hi Traders,
The weekly chart of EURGBP shows prices is testing support level at 0.83. If prices goes though 0.83, target may be 0.814. Resistance level above 0.85. I expect GBP comtinue to recovering in the next few weeks.
Good luck
Haynes6EU
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EURGBP - A quick view on crossed pair!

Haynes6EU Posted 27 Apr.  in #Trader's blog #GBP #EUR #Euro #Eurgbp #Pound
Hello community,
As the title above, I want to share my view on EURGBP. It's pure technical. Let's discuss!
- Daily chart shows the pair EURGBP is finding support level. I will watch closely on the chart to see momentum and strength of Bulls and Bears.
- Weekly chart shows the pair could visit at least 0.74~0.75 area. Of course when daily and H4 chart shows strength of Bulls and Bulls in control.
Look at those charts below for detail.
Regards,
Haynes
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Lazy pair EURGBP is going into crowded area

Haynes6EU Posted 16 May as Analysis on EUR/GBP, Target: 0.8069, Date: 1st of July, 12:00 GMT  in #Technical analysis #Euro #EUR/GBP #Eurgbp #Pound
Dear community,
It seems that the lazy pair EURGBP was taken 0.816 support level. So it should be more downside for this pair but I think that the pair is going into another crowded area. Let's see some charts below and give me your opinion
Fundamental: We see opposite direction for EUR vs GBP. U.K economy is so strength and continue to support for GBP. Meanwhile market is expecting new action from ECB in June, so it put pressure on EUR.
1. Monthly chart: I see sell pressure in the chart. Target…
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Haynes6EU 31 May

0.808 support hold. I'm waiting for sell oppoturnity at higher level

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Haynes6EU 10 June

The pair continue down momentum. Bounced from 0.808 to 0.815 and now go back to major down trend.

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Haynes6EU 16 June

OMG :D this pair break below 0.8. Opposite sentiment of EUR vs GBP. We can see this pair retrace slightly this week before go south again.

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Haynes6EU 23 June

The pair has fall sharply. Now I expect retracement!

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Haynes6EU 30 June

Retrace started. Resistance at 0.806!

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EURAUD H&S pattern in playing, retest neck line

Haynes6EU Posted 26 Apr. as Analysis on EUR/AUD, Target: 1.500, Date: 2nd of June, 12:00 GMT  in #Technical analysis #Euro #Aussie #EUR/AUD #Euraud #H S Pattern
Framework:
I. Fundamental: Excess liquidity in the euro system fell and put upward pressure on EONIA at the end of every months, EZ CPI is at low level and the market is watching closely next data released. Meanwhile fundamental data is supporting for Aussie despite of soft CPI data.
II. Currency positioning: Net long for both EUR and AUD.
III. Technical view:
1. Weekly chart: There is a new potential H&S in weekly chart. The pair could retest the previous neck line and go down again???
2. Daily…
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Haynes6EU 2 May

The pair continues to go up to retest neck line! Moving into resistance zone seems slowly

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Haynes6EU 12 May

EUR fall down sharply after Mario Draghi speech, ECB can act in June! Price is stand at 1.47 level. I expect more downside at least to 1.45 :D

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Haynes6EU 16 May

Support level 1.456 still hold. This is important level and also pivot point!

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Haynes6EU 21 May

The pair bounce from 1.456 level. The next target could be 1.5. 1.5 become resistance level.

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Haynes6EU 31 May

This pair is stand at long-term pivot line around 1.46. A break and close below could be signal for more downside even to 1.42 or bounce from this level could be signal to go up!

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