Forex VPS
Link https://www.cryptoder.com/en
Forex VPS
ForexFunction Logo

"Forex trading involves a high level of risk"

Forex VPS
 Forex Live Heat Map |  Market Comments |  Technical Indicator Signals |  Cross Pair Rates |  Live Spread |  Live Charts |  Daily Pivot Points

GBP/USD: Bullish Engulfing, 200-DMA support, tgt 1.3260/ 1.3350 | March 12, 2019



Print PDF

GBP/USD edges lower from monthly highs at 1.3288.

The pair has formed a 'Bullish Engulfing' candlestick pattern on the daily charts raising scope for upside.

Price action has retraced a brief dip below 200-DMA which is strong support at 1.2988.

RSI is above 50, bias higher. Momentum studies are bullish . MACD is on verge of bullish crossover on signal line.

RSI and Stochs are nicely converging with price action. We see scope for gains till 1.3350.

Strong resistance lies at 55-W EMA at 1.3258. Close above will see upside continuation.

Immediate support lies at 5-DMA at 1.3127. Break below 200-DMA negates bullish bias.



Support levels - 1.3127 (5-DMA), 1.31, 1.3088 ( 20-DMA )

Resistance levels - 1.3258 (55-W EMA ), 1.33, 1.3350 (Feb 27 high)



Good to go long on dips, SL: 1.2980, TP: 1.33/ 1.3350



Submit Your Comments:

 Forex Trading VPS


FOREX VPS FOR TRADERS

FF FOREX VPS
Windows 2012R2/2016 | Server Location Amsterdam, France, Canada | Low Latency From Brokers| Super Fast Trading Experience | All types of EA supported | 3 Days Money Back Guarantee

Plan NameBuy Link CPU RAM Disk BandWidth Price (Montly)Price (Quarterly)Price (Semi-Annually )Price (Annually) InstallationBackUpSetup Fee
ECO-01 buy now1 Core 756MB 18GB Unmetered $4.99/M$4.49/M$3.99/M $2.99/M MT4 Pre-InstalledYesFree
ECO-02 buy now 1 Core 1GB 22GB Unmetered $5.99/M$5.49/M$4.99/M $3.99/M MT4 Pre-InstalledYesFree
ECO-03buy now 2 Core 2GB 30GB Unmetered $9.99/M$9.49/M$8.99/M$7.99/M MT4 Pre-InstalledYesFree
ECO-04 buy now2 Core 3GB 32GB Unmetered $13.99/M$13.49/M$12.99/M $11.99/M MT4 Pre-InstalledYesFree
ECO-05buy now 3 Core 4GB 40GB Unmetered $17.99/M $17.49/M$16.99/M$15.99/MMT4 Pre-InstalledYesFree
ECO-06 buy now 3 Core 5GB 45GB Unmetered$21.99/M $21.49/M$20.99/M$19.99/MMT4 Pre-InstalledYesFree

***We accept Paypal, Perfect Money, Bitcoin !