-
http://prntscr.com/4epjx0
analysis for today 8 / 20 / 2014
GBP/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 171.31
Retracement (50%) 171.20
retracement (61,8%) 171.09
Extensions (61.8%) 172.25
Extensions (100.0%) 172.61
Extensions (138.2%) 172.97
Extensions (161.8%) 173.19
calculation based on a Fibonacci retracement then today I choose buy
-
Trading Signal - 20/08/2014 - 10:00 (GMT +3)
Instrument: GBPJPY
60min CHART
Range
The market is in a Range. We remain neutral waiting for a break in either direction.
Waiting for the upward break of 171.70 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 170.40 would cancel the bullish scenario.
Support & Resistances
170.40 171.70
http://dl.dropbox.com/u/51561036/scr...821-023127.jpg
-
http://prntscr.com/4evu3t
analysis for today 8 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 8 / 20 / 2014
OPEN 171.03
HIGH 172.34
LOW 170.98
CLOSED 172.22
The third resistance (R3) 172.34 - ( 171.85 - 170.98 = 0.87 x 2 = 1.73 )= 174.07
The second Resistance (R2) 171.85 + 172.34 - 170.98 = 173.21
First resistance (R1) 171.85 x 2 = 343.69 - 170.98 = 172.71
pivot points 172.34 + 170.98 + 172.22 = 515.54 / 3 = 171.85
Support for the first (S1) 171.85 x 2 = 343.69 - 172.34 = 171.35
Support second (S2) 171.85 - ( 172.34 - 170.98 = 1.36 ) = 170.49
Third Support (S3) 170.98 - ( 172.34 - 171.85 = 0.49 x 2 = 0.99 )= 169.99
-
http://prntscr.com/4evaro
analysis for today 8 / 21 / 2014
GBP/JPY
Resistance : R1 172.84 R2 173.09 R3 173.29 R4 173.59
Support : S1 171.67 S2 171.42 S3 171.22 S4 170.92
Open : 172.21
High : 172.42
Low : 172.09
Range : 33 Pips
Running Price : 172.38
Strategy : SELL at the level 172.38 stop loss at the level 172.84 target take profit at the level 171.22 or at the level 170.92
-
http://prntscr.com/4eysrf
analysis for today 8 / 21 / 2014
GBP/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 171.82
Retracement (50%) 171.66
retracement (61,8%) 171.50
Extensions (61.8%) 173.18
Extensions (100.0%) 173.70
Extensions (138.2%) 174.22
Extensions (161.8%) 174.54
calculation based on a Fibonacci retracement then today I choose buy
-
http://prntscr.com/4f9kqm
analysis for today 8 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 8 / 21 / 2014
OPEN 172.21
HIGH 172.30
LOW 171.96
CLOSED 172.15
The third resistance (R3) 172.30 - ( 172.14 - 171.96 = 0.18 x 2 = 0.35 )= 172.65
The second Resistance (R2) 172.14 + 172.30 - 171.96 = 172.48
First resistance (R1) 172.14 x 2 = 344.27 - 171.96 = 172.31
pivot points 172.30 + 171.96 + 172.15 = 516.41 / 3 = 172.14
Support for the first (S1) 172.14 x 2 = 344.27 - 172.30 = 171.97
Support second (S2) 172.14 - ( 172.30 - 171.96 = 0.34 ) = 171.80
Third Support (S3) 171.96 - ( 172.30 - 172.14 = 0.16 x 2 = 0.33 )= 171.63
-
http://prntscr.com/4f9660
analysis for today 8 / 22 / 2014
GBP/JPY
Resistance : R1 172.71 R2 172.96 R3 173.16 R4 173.46
Support : S1 171.55 S2 171.30 S3 171.10 S4 170.80
Open : 172.21
High : 172.30
Low : 171.96
Range : .34 Pips
Running Price : 172.16
Strategy : BUY at the level 172.16 stop loss at the level 171.55 target take profit at the level 173.16 or at the level 173.46
-
1 Attachment(s)
Trading analysis for 22nd August, 2014. In Daily chart GBPJPY shows bearish trend. GBPJPY return from 1st resistance level and now break 1st and 2nd support level. If GBPJPY continue to go downward then next strong support level is 171.161.
Pivot: 172.154
Resistance levels
R1 172.422
R2 172.664
R3 172.932
R4 173.201
Support levels
S1 171.912
S2 171.644
S3 171.402
S4 171.161
Attachment 11173
-
http://prntscr.com/4eysrf
analysis for today 8 / 22 / 2014
GBP/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 172.17
Retracement (50%) 172.13
retracement (61,8%) 172.09
Extensions (61.8%) 172.51
Extensions (100.0%) 172.64
Extensions (138.2%) 172.77
Extensions (161.8%) 172.85
calculation based on a Fibonacci retracement then today I choose buy
-
http://prntscr.com/4fkofh
analysis for today 8 / 25 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 8 / 22 / 2014
OPEN 172.21
HIGH 172.65
LOW 171.65
CLOSED 172.27
The third resistance (R3) 172.65 - ( 172.19 - 171.65 = 0.54 x 2 = 1.08 )= 173.73
The second Resistance (R2) 172.19 + 172.65 - 171.65 = 173.19
First resistance (R1) 172.19 x 2 = 344.38 - 171.65 = 172.73
pivot points 172.65 + 171.65 + 172.27 = 516.57 / 3 = 172.19
Support for the first (S1) 172.19 x 2 = 344.38 - 172.65 = 171.73
Support second (S2) 172.19 - ( 172.65 - 171.65 = 1.00 ) = 171.19
Third Support (S3) 171.65 - ( 172.65 - 172.19 = 0.46 x 2 = 0.92 )= 170.73