Gbp/Jpy

analysis for today 11 / 12 / 2013
GBP/JPY (Daily Trade)

Resistance 3 159.74
Resistance 2 159.44
Resistance 1 159.24
Pivot Point 158.52
Support 1 158.41
Support 2 158.21
Support 3 157.91

BUY 159.24 STOP LOSS 158.41 TAKE PROFIT 159.44 OR 159.74

Gbp/jpy technical analysis

date : 11.11.2013
time : 08:30 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 43.64

2) MACD (26,12,9)
value: 0.0413

3) ADX (14)
value: 16.41

4)CCI(14)
value: -143.93

overall trend - slightly bearish.

http://charts.mql5.com/3/30/gbpjpy-h...orex-group.png



we can see in the 1h chart
the pair trading down the 50.0
I see the pair will go to down way to 158.31
stochastic refers that the pair will go down
so our target sell from 158.82 and our target will 51pips
Good luck

Standard pivots

R3 159.248
R2 159.028
R1 158.772
PIVOT 158.552
S1 158.296
S2 158.076
S3 157.820
http://www2.0zz0.com/2013/11/12/09/605163084.png

pair- gbp/jpy
chart analysis time frame- H4

http://i44.tinypic.com/ndjtp1.png

dobule top chart pattern setup is formed by the price and its rejected down side from the 159.25 level and close below the support at 158.29. now here some up movement can possible but in the major price in down side. short this with the target at 157.80
good luck

Gbp/jpy analysis for 11.12.2013 by using pivot indicator.

r3: 159.25
r2: 159.02
r1: 158.77

pivot: 158.54

s1: 158.29
s2: 158.06
s3: 157.81

Gbp/jpy technical analysis

date : 11.11.2013
time : 12:00 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 38.27

2) MACD (26,12,9)
value: -0.1667

3) ADX (14)
value: 14.25

4)CCI(14)
value: -38.57

overall trend - slightly bearish.

Fibonacci pivot point result dayly 2013.11.12
Pair = GBPJPY
Resistance 3 = 159.04
Resistance 2 = 158.85
Resistance 1 = 158.74
Pivot Point = 158.56
Support 1 = 158.37
Support 2 = 158.26
Support 3 = 158.08

The pair GBP / JPY in principle on srednesroke look to the north side that's only on a local 1 hour schedule a breakdown of support and punched a small consolidation below the level ... so I think it can go a little momentum down to about a trend line, and then again will try to grow ..

awesome oscillator best indicator to signal to colors red colors down market and lime colors up market
up signal tp:30 pip
loss:20 pip