EURGBP
0.8958
Symbols Entry SL/TP OT/Duration Status
EURGBP/Short -- -- 11 days and 9 h 14 min ago Failed -143 pip
EURGBP/Short -- -- 5 days and 12 h 4 min ago Failed -175 pip
EURGBP/Short -- -- 18 days and 4 h 31 min ago Breakeven Hit 3 pip
EURGBP/Long -- -- 1 days and 9 h 31 min ago Win 109 pip

Day Trading

Short Term/Scalp Opportunity

Swing trading

Long Term Opportunity

Market Risk & Sentiment: Sydney Session   - 2023-02-04 22:36 GMT
Daily Pairs Contest:
Daily pairs relation
Intraday performance
Intraday performance relation
Technical Data:
R1: S1:
R2: S2:
R3: S3:
R4: S4:

Daily:

H1:

M30:

M5:

Signal

Over Bought

Buy

Buy

Sell

waiting...

80 %
Pivot Points

Pivot: 0.89174

S1:

S2:

S3:

0.88800

0.88366

0.87992

R1:

R2:

R3:

0.89608

0.89982

0.90416

Money flow:

EURGBP, Retail traders Sentiment

Speculators Sentiment, NET positions on currencies

Heat Map

Commitment Of Traders (COT):

>Euro

Net Positions:

Previous: 146,162

Current 129,915

Changes -16247 -11%

>British Pound

Net Positions:

Previous: -10,887

Current -20,301

Changes -9414 -86%
COT History EUR
COT History GBP
COT Chart EUR
COT Chart GBP
EURGBP Forecast:

Bullish Drivers:

DEU 10Y: 2.195 chg: 0.015%

Daily Trend: BUY

Fundamental Bias: Bullish

Fundamental Strength: Weak

COT POS: 129915 / -20301 Driver: 115.63 Positive

Retail Short pos ratio: 92%

Retail trader Sell position: 12538

Retail trader Sell volume: 3160.75 lots lot

Distance to Resistanc R4 (0.89916): 0.00336

Bearish Drivers

U.K. 10Y: 3.056 chg: 0.009%

Retail Long pos ratio: 8%

Retail trader Long position: 1320

Retail trader Buy volume: 257.63 lots lot

Distance to Support S4 (0.87483): 0.02097

Bullish:

PREMIUM

Bearish:

PREMIUM

Fundamental Bias:

Bearish Weak
  • Core CPI (YoY) 5.2%, prev: 5.2%
  • CPI (MoM) -0.4%, prev: -0.4%
  • Core CPI (MoM) -0.8%, prev: 0.6%
  • Spanish Unemployment Change 70.7K, prev: -43.7K
  • Unemployment Rate (Dec) 6.6%, prev: 6.5%
  • German Unemployment Rate (Jan) 5.5%, prev: 5.5%
  • ECB Interest Rate Decision (Feb) 3.00%, prev: 2.50%
  • S&P Global Composite PMI (Jan) 50.3, prev: 50.2

Bearish MODERATE
  • CPI (YoY) (Dec) 10.5%, prev: 10.7%
  • CPI (MoM) (Dec) 0.4%, prev: 0.4%
  • Core CPI (YoY) (Dec) 6.3%, prev: 6.3%
  • Employment Change 3M/3M (MoM) (Nov) 27K, prev: 27K
  • Unemployment Rate (Nov) 3.7%, prev: 3.7%
  • Employment Change 3M/3M (MoM) (Oct) 27K, prev: -52K
  • BoE Interest Rate Decision (Jan) 4.00%, prev: 3.50%
  • Composite PMI (Jan) 48.5, prev: 47.8

Bullish points

Bullish points

Bearish points

Bearish points

Recent Event/News

The European Central Bank has hiked interest rates by 50bp and made a quasi-announcement of a further 50bp hike in March, opening the door to either a pause or a slower pace in its hiking cycle And t...
2023-02-02 17:53:32
2 days 4 hours ago
ing.com
Only a small increase in unemployment in January shows that the labour market remains an important source of resilience in the economy German unemployment increased by 162,100 in January, increasin...
2023-02-01 19:52:10
3 days 2 hours ago
ing.com
A resilient eurozone economy managed to grow by 0.1% in the fourth quarter, but this likely masks a contraction in household spending. The worst scenarios for this winter have been avoided, but the ec...
2023-01-31 16:36:45
4 days 5 hours ago
ing.com
So much for reliable statistics! The German economy contracted in the fourth quarter of 2022 after the first tentative statistics pointed to stagnation The German statistical office just released its...
2023-01-30 17:58:38
5 days 4 hours ago
ing.com
Germany’s most prominent indicator has improved for the fourth month in a row, but the renewed optimism is still based on very fragile fundamentals The inflow of optimistic data continues. After th...
2023-01-25 14:03:20
10 days 8 hours ago
ing.com
Headline inflation has peaked but pressure from the service sector continues to build. That's likely to tip the balance for Bank of England hawks in favour of one final 50 basis point hike at the Febr...
2023-01-18 18:51:12
17 days 3 hours ago
ing.com
The German economy grew by 1.9% in 2022. This implies a stagnating, not contracting, economy in the fourth quarter. Will the widely-predicted recession simply fail to materialise? We remain doubtful. ...
2023-01-13 19:09:24
22 days 3 hours ago
ing.com
Industrial activity in November provided more evidence that the economy did not fall off a cliff in the fourth quarter but was not strong enough to avoid a contraction either German industrial prod...
2023-01-09 14:37:04
26 days 7 hours ago
ing.com
Exports continue to weaken, suggesting that recession fears are real German export weakness continues. German exports (seasonally and calendar-adjusted) decreased by 0.3% month-on-month in November...
2023-01-05 11:46:39
30 days 10 hours ago
ing.com
Lower oil and gasoline prices and the first phase of the government's gas price cap have pushed down headline inflation in December. Still, at current levels, inflation remains a major concern in 2023...
2023-01-04 14:30:37
1 months 31 days ago
ing.com
The last batch of confidence data for 2022 points to extra resilience in fourth quarter GDP. We are still pencilling in a small contraction, but a flat reading cannot be ruled out The latest batch ...
2022-12-24 03:54:02
1 months 42 days ago
ing.com
Germany’s most prominent leading indicator, the Ifo index, staged a strong rebound, increasing to 88.6 in December, from 86.4 in November. The index is now back at a level last seen during the summe...
2022-12-19 15:52:06
1 months 47 days ago
ing.com
European shares edged higher on Monday, boosted by energy firms, after a bruising selloff last week sparked by growing fears of a recession as major central banks promised more interest rate hikes ahe...
2022-12-19 13:02:29
1 months 47 days ago
yahoo.com
All good things come in threes…after the Federal Reserve and Bank of England, the European Central Bank has followed with a rate hike of 50bp. The ECB also announced it would start to reduce its bon...
2022-12-15 23:10:20
1 months 50 days ago
ing.com
Production fell by 2% in October with declines across the board in the large countries. As the positive effects of easing supply-side issues fade, the outlook remains bleak for the winter months In...
2022-12-14 23:39:24
1 months 51 days ago
ing.com
Industrial production adds to evidence that the gradual slide into recession continued at the start of the final quarter of the year German industrial production, excluding construction and energy, d...
2022-12-07 11:07:48
1 months 59 days ago
ing.com
Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a G7 price cap which kicked in on Russian crude. At the same time, in a positive sig...
2022-12-05 16:33:26
1 months 61 days ago
cnbc.com
Inflation dropped more than expected from 10.6 to 10% in November, mainly on energy price developments. Core inflation remained stable at 5% though. While we’re far from out of the woods yet, it doe...
2022-11-30 13:58:33
2 months 66 days ago
ing.com
USD: Holding pattern Despite geopolitical challenges to the East, it has been a quiet start to the week for FX markets. The trade-weighted dollar index DXY is tracing out a relatively narrow range in...
2022-11-30 13:49:37
2 months 66 days ago
ing.com
German inflation came down somewhat in November, on the back of energy base effects. However, the ongoing pass-through of high wholesale gas prices as well as additional pipeline pressure still make l...
2022-11-29 21:02:10
2 months 67 days ago
ing.com

Calendar Weekly: (GMT) 2023-02-04 22:36

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