Gbp/Jpy

Gbp/jpy pivot levels by using fibonacci pivot indicator.

r3: 154.03
r2: 153.00
r1: 152.37

pivot : 151.34

s1: 150.31
s2: 149.68
s3: 148.65

http://charts.mql5.com/1/389/gbpjpy-...orex-group.png


we can see in the 4h chart

the pair trading down the 23.6

I see the pair will go to down way to 150.39

stochastic refers that the pair will go down

so our target sell from 151.93 and our target will 155pips

Good luck

Gbp/jpy analysis for 04.23.2013 by using pivot indicator.

r3: 153.64
r2: 152.91
r1: 152.29

pivot: 151.56

s1: 150.94
s2: 150.21
s3: 149.59

Fibonacci Pivot Point Today
r3=152.87
r2=152.36
r1=152.04
pp=151.53
s1=151.02
s2=150.70
s3=150.19

Track a looking at support surface at 124.90, I judge few descending shitting today until the initiatory of Author Conference. After that, I anticipate this arrange testament proceed its bullish way, and may contact the place terms of 125.80 and 126.00 for the extremism ambit.

today i like to buy this pair @ 150.30 to 50 range
my stop loss of the day @ 149.89
half take profit of the day @ 150.77
and half @ 150.90

Gbp/jpy pivot levels by using fibonacci pivot indicator.

r3: 152.99
r2: 152.47
r1: 152.14

pivot : 151.62

s1: 151.10
s2: 150.78
s3: 150.26

Pivot levels today:
R3: 153.71
R2: 152.93
R1: 152.38
PP: 151.60
S1: 151.03
S2: 150.26
S3: 149.71
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, and also it breaks the upword trend @ 1 H time frame, so more fall is expected.
Forecast: Price will fall to 147.08.

Calculation results Pivot Today

Resistance 2 = 152.98
Resistance 1 = 152.48
Pivot Point = 151.65
Support 1 = 151.15
Support 2 = 150.32
If
Buy = 150.73
Take Profit = 152.06
Stop Loss = 149.50
If
Sell = 152.73
Take Profit = 150.73
Stop Loss = 153.49

Good Luck

time frame- M30
the rsi 21 is now move to the up side and in the price chart a pin bar candle is also followed by the bullish candle so up movement is expected. we can see it will be move to the resistance at 150.99 and stop loss is 149.50