Gbp/Jpy

[wench]

On the GBPJPY chart for today the price appears to move in upward trend as a blue dots appear below the bars and as the price still higher than the strong resistance of 168.9667 which is also the weekly pivot point and it is likely for the price to keep going north unless it hit the weekly pivot resistance at 173.667 On the other hand if the price breaks the 168.9667 support and also get a bearish signals by a red colored dots it is expected to keep going south till the 165.9733 support as the next weekly pivot level.
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[aliali1]

Monitoring the GBPJPY chart today I realized that a bullish trend is taking place and that�s because of the green arrow shown on the chart also the price 170.35 which is considered a top is a matter of fact the strong support preventing the price from penetrating it and heading below it and that is of course if the trend kept heading strongly in the bullish direction.
The parabolic sar dots however is currently appearing below the candle sticks meaning the price would be heading up for quite some time.
If we are to be taking buying trades as the main trades then the resistance 173.5 would be the best as initial taking profit position and also there is a great chance for the price to head south after reaching it.
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[hatrik]

As you can see on the GBPJPY chart in front of us the blue line�s position in the moment indicator is above the red line which means a good buying signal should be occurring also the blue color shown in the oracle strength indicator means that a upwards direction signal is going to take place.
The oracle direction indicator could serve as a filtering tool with the blue colors shown on the arrows meaning that a upward signal would be taking place in short term trades.
Summing all that up in my opinion I do think that the trend would be taking a upward direction but that can only happen if the moment buy cross was taking place on the chart And as long as the ATR indicator keeps showing buying signals then without doubt the buy trades would be a better choice for entry.
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[halloiasan]

By analyzing the GBPJPY we can but a bullish chanel to limit the movement of the market inti two trend lines The price is moving at the upper edge of the donchin channel so you may think about selling as long as there is no opposite signs appear on the Awesome oscillator The Awesome oscillator has a red bar appears above the level of 0 and it is considered a good sell signal Also the stostatic indicator shows buy signal by showing up intersection between the two lines near the 80 th level Till this moment bearish trend is the choise and also selling targeting the lower edge of the donchin channel is not a bad idea at all

[ng1985]

pair- gbp/jpy
analysis time frame- m5



the price movement in the triangle chart pattern. if this is break resistance at the 172.50 then it will move to the 172.63 and again rejecting can expected. if this is move below the 172.25 then short with take profit at 171.80 and stop loss at 172.55
good luck

[clark]

for the GBPJPY pair the price now lower than the EMA line of 15.
Which can be a good sign for bearish trend for the current day.
The power line indicator is now above the 50 th level which can be an indication for a good upward direction of the signal.
At last one thing can be added is the power momentum indicator that shows a high power of the bearish trend and that can be used as a filter to filter the entry of sell positions.
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[mary]

On the chart of the USDCHF there is a main up trend signal as the 2 EMA 5 and 6 are moving Above the slow EMA of 35 and if the other indicators confirm a bullish direction then i will go for buy positions.
For the Parabolic sar indicator there a dot below the candles that indicates a upward direction in addition to that we can see a buy signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the Higher level to perform a upward signal.
As a conclusion and according to the EMA locations buy positions are my choice for today unless the price shows an opposite bearish signals.
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[achyut]

Daily forecast: GBPJPY 20 Oct. 2014.

Technical analysis for Daily forecast of GBPJPY 20 October, 2014. In Daily chart GBPJPY shows bullish trend. At present GBPJPY breaks 1st resistance level and going towards the 2nd resistance level. If 2nd resistance level breaks then next strong resistance level is 175.757.

Pivot: 171.456

Resistance levels

R1 172.678
R2 173.312
R3 174.534
R4 175.757

Support levels

S1 170.822
S2 169.600
S3 168.966
S4 168.333

[shimy]

By viewing the GBPJPY chart of the day we recognize the fall of the price happened as it hits the Bollinger band indicator�s up edge.
On the volume indicator we recognized that it�s having a value of 473 which can be recognized as low market volume.
According to that I think that market may move downward till it face the support at 170.67 and in case of breaking it down it should reach the next support at the area of 170.23 same for the stop loss of short positions that you may open the resistance level at 172.1 could be a good place to set it.
Finally you can use the CCI indicator as a way to confirm your entry at the times of vibration and never use it as a primary or main indicator .
imagee

[maggie]

The green signal shown by the super trend indicator proves that a bullish trend would be taking place today on the GBPJBP chart and thus giving us a vague idea of where the price would be heading.
As you can see the Nolog dot indicator is forming blue colored dots meaning that buy trades would be taking place soon.
From the signals we deduce that buy trades would be great idea at the moment due to the bullish trend taking place which is a strong one but that can only happen waiting till the Nonlog indicator changes the signal to confirm the direction.
On the other hand the bullish trend has to stop some time and that can be determined and that can be determined if the super trend�s indicator color changes to red or of course if the price hit the support 172.55 Whatever the method any of them would be acting as a great stop loss area indicator.
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