Gbp/Jpy

analysis for today 11 / 11 / 2013
My daily trading,I hope the day is a success ...
GBP/JPY (Daily Trade)

Resistance : R1 159.19 R2 159.44 R3 159.64 R4 159.94
Support : S1 158.03 S2 157.78 S3 157.58 S4 157.28

Open : 158.77
High : 158.78
Low : 158.44
Range : 34 Pips
Running Price : 158.50

For intraday trade today suggest BUY at the level 158.50 stop loss at the level 158.03 target take profit at the level 159.64 or at the level 159.94

how are you

date : 11 november 2013

chart: 30 min

I expect from this analyze that the price will go to down way

today I am giving one order
sell 0.01 at 158.50
sl: 158.90
tp:157.85

Gbp/jpy technical analysis

date : 11.11.2013
time : 09:00 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 68.69

2) MACD (26,12,9)
value: 0.0199

3) ADX (14)
value: 29.02

4)CCI(14)
value: 163.60

overall trend - slightly bullish.

Standard pivots

R3 160.413
R2 159.587
R1 159.172
PIVOT 158.346
S1 157.931
S2 157.105
S3 156.690
http://www5.0zz0.com/2013/11/11/09/219354662.png

Fibonacci pivot point result dayly 2013.11.11
Pair = GBPJPY
Resistance 3 = 159.66
Resistance 2 = 159.16
Resistance 1 = 158.84
Pivot Point = 158.33
Support 1 = 157.83
Support 2 = 157.51
Support 3 = 157.00

today i like to sell this pair @ 158.67
my stop loss of the day @ 158.93
half take profit for today @ 158.46
and further half take profit @ 158.27

the pair price already touched daily resistance 1 level 158.90
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 158.00
so sell now from 158.54
the pivot point will be my target
stop loss will be above the resistance 1 level 158.90

date : 11november 2013
Pair = GBPJPY

R3 160.18
R2 159.48
R1 159.19
P 158.34
S1 157.90
S2 157.60
S3 156.99

http://charts.mql5.com/3/26/gbpjpy-w...orex-group.png





we can see in the 1w chart
the pair can close up the up trend line
i see the pair will go to up way to 160.62
stochastic refers that the pair will go up
so our target buy from 158.62 and our target will 200pips

the pair trade above the up trend

stochastic refers to up way

so the pair will continue to up way

so buy the pair and our target will 159.50

stop loss will 158.30
http://www13.0zz0.com/2013/11/11/21/134151059.png