Will EURGBP- move this time to 0.8950?
EurGbP
1. Price Formation: The price has broken out from a Cup and Handle price formation on a daily chart. Previously, failed to move down from an M-formation and turned up.
2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a sign indicating short-term bullish momentum.
3. 200-day Moving Average is below the Price.
4. Thus, Mas 7>21 > 200
5. Relative Strength Index (RSI): The RSI is >than 50, indicating bullish momentum and potential further upward movement.
6. Price Target: to the bottom of the channel at 0.8950
1. Price Formation: The price has broken out from a Cup and Handle price formation on a daily chart. Previously, failed to move down from an M-formation and turned up.
2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a sign indicating short-term bullish momentum.
3. 200-day Moving Average is below the Price.
4. Thus, Mas 7>21 > 200
5. Relative Strength Index (RSI): The RSI is >than 50, indicating bullish momentum and potential further upward movement.
6. Price Target: to the bottom of the channel at 0.8950
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.