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I use technical analysis of currency pairs GBPJPY in the market at 18:52 which is the current market position is at 156.93 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands = TREND DOWN, MACD = TREND DOWN, Parabolic SAR = TREND DOWN, Stochastic = TREND DOWN,
but it is by looking at the position on the market today gained 158.00 points pivots, yesterday high at 158.52 and yesterday low at 157.49 so support and resistance
R3 : 159.54
R2 : 159.03
R1 : 158.51
Pivots : 158.00
S1 : 157.48
S2 : 156.97
S3 : 156.45
of some of the analysis contained in the signal TREND DOWN at currency pairs GBPJPY, so the best step to open position SELL by set take profit at 156.63 and stop loss at 157.23. good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Gbp/jpy analysis for 09.12.2013 by using pivot indicator.
r3: 159.52
r2: 159.02
r1: 158.50
pivot: 158.00
s1: 157.48
s2: 156.98
s3: 156.46
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Gbp/jpy analysis :
date : 09.12.13
time : 14:30 GMT
time frame : 15 min
current rate : 157.07
high : 158.24
low : 156.89
net change : -0.59%
overall trend : slightly bearish.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
GBP JPY touched 158.60 level yesterday affected by the bullish bias domination, and remains stable above 156.70, which formed a resistance barrier recently against the price rise, to turn into support now, and we notice the price fluctuation slightly attempting to gain new positive momentum to reach the waited target around 159.40 in the upcoming period. Stochastic attempts to leave the overbought area to support gaining the required positive momentum and reach the mentioned target.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hi,,
in the chart 4h we can see the pair will go to down way in the future
I see the pair will go to 154.21
I expect from this analyze that the price will go to down way
so sell from 157.22 to 154.21
good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
today i like to sell this pair @ 157.63
my stop loss of the day @ 157.88
half take profit for today @ 157.25
and further half take profit @ 157.07
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
My daily trading,I hope the day is a success ...
GBP/JPY (Daily Trade)
Open : 157.99
Resistance : 157.93 158.13 158.43
Support : 157.20 157.00 156.70
High / Low : 158.20 / 156.93
Range : 127 pips
Running Price : 157.14
for intraday trade today suggest sell at the level 157.14, stop loss at the level 158.20, target take profit at the level 156.70
===GOOD LUCK===
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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