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The market setback has been very well supported on the decline below 125.00 and we are looking for a new mid-term low formation higher around the psychological barrier ahead of the extension of the next major advance back towards and finally through 140.00. In the end, only a weekly close below 125.00 will delay and give reason to worry, while a daily close above 128.00 confirms the bias and must be accelerated. and negative pressures from the EMA 50, we therefore expect the resumption of downside movement during this week to target 121.10 while violations above 125.65 with daily closures may delay reaching the target awaited.
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GBPJPY has stepped higher today and is moving towards what forms as major resistance. The price has a 38.2% retracement, a 200 hour MA and the channel trendline all converges towards the 126.16 area and we can see that the pair has closed its daily candle above 126.00. so, that means that the uptrend is expected and the pair may head to 126.50 and then 126.80, but also an hourly correction is expected before continuing the uptrend
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Today in my view that's market analysis and trend : BUY
According to the indicators given below :-
MACD
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading
👍 Thank You 👍
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 129.40
This currency name - GBP/JPY
Resistance and Target - 129.47
Support and Stop Loss - 129.33
Always follow Long time frame market trend.
Signal is Sell.
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my views on market trends.
today this views after watching market carefuly. gbp.jpy
if we follow these values and trend hope we have make good profit today.
moving average of this pair is totaly base on: SELL
can you agree this agreements.
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Today market trend:Sell
Resistance and Support points also given has signal of market down
Technical indicators and Moving average se bhi market down hoti nazar aati hai
Agar ap profit hasil karna chahte hain to sell ki trade laga dein
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Today Market analysis and trend:sell
Indicators give signal market going down position
RSI:
PARABOLIC :
MOVING AVARAGES:
Resistance and Support points also inform market trends down
now we have chance a good entry in down position
and also chance for good profit
Today market trend : Sell
BEST OF LUCK
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Today market analysis and trend sell
Analysis Gbp-Jpy
I use scalping strategies on this currency pairs so I
prefer the short time that is the timeframe M15 and M30,
that's position market then also there are some indicators
that I use as the Bollinger Bands is BREAK LOW, ADX
is DOWN TREND 53.52%, Stochastic is BREAK HIGH.
market touch resistence 2nd level and move down
then I strongly encourage you to order SELL
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Today market trend is sell
After doing fundamental analysis or technical analysis the market today sport
or resistence showing trade in sell position
according indiactor zigzag parabolic and sport resistence
in time frame h1 and h4 market touch
resistence 1 level and again retrace down so i sajjust to open sell trade
and make huge profit so must use stoploss and take profit
Warning : when you take small risk and save you account otherwise you face big loss
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Today in my view that's market analysis and trend : BUY
According to the indicators given below :-
MACD
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading
👍 Thank You 👍
