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In the first half of the day, a report was released on the UK consumer price index, which rose in November this year, but completely coincided with the forecasts of economists. However, this was enough to help the pound stay above the level of 1.3076, which determines the further downward trend observed throughout this week. It is best to look for long positions after the formation of a false breakout the the support area of 1.3076, but buy immediately on the rebound from the lows of 1.3013 and 1.2952, where a bullish divergence on the MCAD indicator can also be formed. Another no less important task of the bulls will be the return and consolidation above the resistance of 1.3143, which will allow us to talk about an upward correction in the area of the highs of 1.3203 and 1.3316 where i recommend talking the profits.
To open short positions on GBP/USD you need: Bears are still aimed at breaking the support of 1.3076, which may lead to a continuation of the downward trend in the area of the lows of 1.3013 and 1.2952, where i recommended taking profits.
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Maine soch raha ki ye hammer price ko upar jane ke liye signal dita, lekin idar H1 chart me hammer form hua ta ise liye 50-60 pips upar ja sakta hai, ise hamer dina ka ya 4 ganta ka chart me mila to jada pips kama sakta hai.
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market technical analysis for currency pair
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Gbpjpy
market have buy position today
resistance and support levels will remain as?
current price this time+ 143.80
Resistance level 1 : 143.99
Resistance level 2 : 144.23
Resistance level 3 : 144.52
Support level 1 : 143.53
Support level 2 : 143.28
Support level 3 : 143.02
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GBP JPY specialized investigation market exchanging
Today investigation pattern : sell
The present cost and past expense is giving a straight signel that market will go down in business..
Opposition and Bolster focuses are additionally giving a singnel that market will go down that is the reason we should put our exchange on sell....
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GBP/JPY
Market Trend is sell
Resistance levels
1.Resistance=>130.14
2.Resistance=>129.50
3.Resistance=>128.69
Supporting levels
1.Supporting=>127.24
2.Supporting=>126.60
3.Supporting=>125.79
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market trend for this pair
technical indicator for analyzing :
Momentum : Bullish
Simple Moving Average : Bullish
Pivot points : Bullish
Ichimoku : Bullish
Resistance and Support points market ke nechay janay ke haq main hain. Buy ki trade profit de gi. Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye. I recommend this trading Up trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches.. If you want become Successful Trader In forex business, do hardwork and get more knowledge and experience about forex trading
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kal k hi uptrend ko market continue kar skta hai kuki market meh kafi upward strong movement thi kal or kafi buyers ne dominate kara hai ,
halaki abhi ek support level pe jisko market ache se test kar rha hai agar ye level break hota hai toh defintely strong up movement dikhegi is pair meh.
I predict this pair have bullish direction
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame,
consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
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Market exchanging sign rely upon a pointers
Resistance points and Support points of market goes down.
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit.
As this pair we know that .Big movement of every pair also because of news. News of donald trump is most important. About USA and Chaina trades...
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
?•°And also Use MACD trend analysis..?•°
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Maine soch raha ki ye hammer price ko upar jane ke liye signal dita, lekin idar H1 chart me hammer form hua ta ise liye 50-60 pips upar ja sakta hai, ise hamer dina ka ya 4 ganta ka chart me mila to jada pips kama sakta hai.
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Gbpjpy
british pound / japanese yen
143.596
jpy
−0.469 (−0.33%)
market open (jan 17 06:18 utc-5)
144.065
prev
144.065
open
122.03k
volume
143.524 — 144.530
day's range