Table of Contents
Affiliate Disclosure
Affiliate Disclosure DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker's track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

EUR/GBP Signal - April 9, 2013

The EURGBP pair could be resuming its upward trend if we pass the moving average at 20 sessions. Looking at the technical indicators, the RSI is once again leaning on its neutral zone while the MACD is about to cross its signal upward. Investors may therefore plan a bullish trade in case we pass the 0.8530 with a stop-loss placed under the moving average at 7 sessions.
Direction: Up
Entry: 0.8535 (trigger threshold)
Stop-loss: 0.8470

EURGBP Signal

Maxime Parra
About Maxime Parra
Maxime Parra has been trading since the age of 18, and he is now in charge of technical and fundamental analysis at BNRY.com and Tmarkets.com. Fascinated by the psychology of financial markets and technical analysis, he is also the head of the “Fédération Sud Finance” and is preparing for the Degree of the Chartered Financial Analyst (CFA) level 1 at the SKEMA Business School. Maxime favors trend following strategies by combining chartist analysis with the use of technical indicators.

Most Visited Forex Broker Reviews