Gbp/Jpy

elliott common flat correction up 143.82 it should test 143.20 area fter which a sell off down to 142.76 or extended to 142.42 area is expected
support and resistances
res2 143.64
res1 143.37
pivot 143.03
sup1 142.76
sup2 142.42

http://charts.mql5.com/1/239/gbpjpy-...orex-group.png

hi

how are you

we can see in the 1w chart

the pair trading down the 23.6

I see the pair will go to down way to 140.37

stochastic refers that the pair will go down

so our target sell from 142.70 and our target will 225pips

Good luck

In the H1 time frame the the price is moving in the over bought area. it is also break the strong support at the 142.26 and move lower side but now price seem to hold its down movement. if the stoch come out with candle is close above the 142.30 we can long with the target at 143.15

Spoiler:

http://sadpanda.us/images/1505027-SK8ZFYW.png

The position of the current price is below the 50 EMA on the hourly chart, the momentum is bearish
The position of the current MACD cross the line above the area 0, the momentum is bearish
Trend today: bearish
Target today:140.53

http://charts.mql5.com/1/243/gbpjpy-...orex-group.png


hi

how are you

we can see in the 1w chart

the pair trading down the 23.6

I see the pair will go to down way to 140.16

stochastic refers that the pair will go down

so our target sell from 142.20 and our target will 194pips

Good luck

Couple on the 4 hour chart has formed a converging triangle, this triangle has bearish nature as its upper maximum lower and lower (is offset to the south of the zone of resistance), so most likely will support breakthrough 142.00 figure (which is closely approached pair) - is will be the main signal to sell and open 140.60 + -.

I wanted to share a little about my daily life in the trade, this time about the pair Gbp/Jpy

I buy limit s3

by SL: 141.90

do not forget to take profit at 142.70

Info:


Support 1: 142.76

Support 2: 142.42

Support 3: 142.09

pivot: 143.03

Resistant 1: 143.37

Resistant 2: 143.64

Resistant 3: 144.14


All analyzes were performed using the indicator I Stochastik, indicators that make me proper analysis.

Analysis for today's 01-Apr-2013

#Happy trading

Gbp/jpy analysis for 04.01.2013 by using pivot indicator.

r3: 144.01
r2: 143.62
r1: 143.33

pivot: 142.94

s1: 142.65
s2: 142.26
s3: 141.97

GBP/JPY intraday: BEARISH trend.
Pivot: 143
Our preference: Short positions below 143 with targets @ 141.85 & 141.45 in extension.
Alternative scenario: Above 143 look for further upside with 143.85 & 144.25 as targets.
Comment: the RSI advocates for further downside.
http://dl.dropbox.com/u/51561036/scr...402-010521.png

http://charts.mql5.com/1/244/gbpjpy-...orex-group.png



hi

how are you

we can see in the 1w chart

the pair trading down the 38.2

I see the pair will go to down way to 135.76

stochastic refers that the pair will go down

so our target sell from 142.21 and our target will 648pips

Good luck