Printable View
Trading Signal - 28/11/2014 - 10:00 (GMT +2)
Instrument: GBPJPY
Time : 60min CHART
Trend & Condition : Upwards Strong
signal to go LONG was given at 185.50 after the market found support at 184.74. Only the downward break of 184.74 would cancel the bullish scenario.
Support & Resistances
185.00 186.10
184.40 186.70
184.00 187.70
http://dl.dropbox.com/u/51561036/scr...129-012217.jpg
hanji abhi eska resistance level agar break hota hai to ye pair abhi up he jayenga,kaafi strong trend esme chal raha hai esme entry hamesha dhyaan se lena hoga kyunki ye pair one day me bhi 300 pips move ho sakta hai..Quote:
Originally Posted by fxghost
By watching the monthly chart, I think that the price will continue the upside mouvement until it reach the resistance level at 192.20 than it will start the downside mouvement.
http://i.imgur.com/N5CP2VE.png
On the GBPJPY chart for today the price appears to move in upward trend as a blue dots appear below the bars and as the price still higher than the strong resistance of 181.6267 which is also the weekly pivot point and it is likely for the price to keep going north unless it hit the weekly pivot resistance at 186.6667 On the other hand if the price breaks the 181.6267 support and also get a bearish signals by a red colored dots it is expected to keep going south till the 178.8233 support as the next weekly pivot level.
http://bigimage.cz/photos/20141130141737560883723.gif .
the GBPJPY pair have a up channel as you can mention on the chart then thinking about an bullish direction on the few coming hours is strongly .
By the current time the price hits the recommended upper edge of the Donchin Channel indicator alerting for a good chance for south movement.
Another signal is given by the awesome indicator as the price keeps above the zero's level and showing green color which could be recognized as a good buy signal.
Finally I can see the signal of bullish direction on the stostatic according to the last buy intersection between the two lines near the 80 Th level.
Waiting a confirmation of buying direction form awesome indicator is a wise but in the same time the current situation could encourage the buy trades as long as the price didn't reach the high edge of Donchin channel http://bigimage.cz/photos/20141201141744023264863.gif
On the GBPJPY a bullish cross is currently taking place between the 9 and the 152 EMAs indicating by that the possibility that the price will be heading north soon.
After monitoring the histogram indicator we can notice that a green line is starting to take shape forming by that a bullish signal for the pair by being located over the 0 histogram level.
As for the market emotion indicator which is giving us a red line meaning by that that the price will be starting to fall to reach lower prices.
On the guru angle indicator we can notice that the slope is currently moving above the 0 level colored as green indicating by that a bullish direction now.
Clearly we can see that the price might be heading north in order to test the next resistance located at the price 186.73 that's why I do recommend that as long as the indicators keep showing the same signals we should go with buy orders.
http://bigimage.cz/photos/20141201141744206671309.gif
In the GBP/JPY, the up pattern from 116.83 is still in advancement for 61.8% retracement of 251.09 to 116.83 at 199.80, which is near 200 mental level. On the downside, break of 168.01 support is required to affirm medium term topping. Something else, standpoint will stay bullish in the event of draw back.
bai saab g mare hisab se gbp usd kafi long tak buy ho chuka hai and h1 chart par se ne breakout v keya hai mare kahal se ab jeh pairs sell hoga es layi jeh ek paka signal nai hai bai saab g jeh market selling mai jaye ge cuz gbp ki bank ane wale dino mai apna bank rate ki news open kare ge bai saab g
On the GBPJPY 1H chart we can see a bullish trend as we can notice the green arrow on the chart the trend is supported with a bottom located at 185.35 which can be used as a strong support that the price couldn't go below it in case that the bullish trend still strong.
The parabolic sar dots is located below the candles that is a sign that the price is going to move up In case that the buying trades are happening we can consider the resistance which located at 186.9 as a good area to close some of the open positions as the price has a good chance to go south after hitting it.
http://bigimage.cz/photos/20141202141751885172758.gif
analysis for today 12 / 2 / 2014
GBP/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 186.57
Retracement (50%) 186.46
retracement (61,8%) 186.35
Extensions (61.8%) 187.47
Extensions (100.0%) 187.81
Extensions (138.2%) 188.15
Extensions (161.8%) 188.37
calculation based on a Fibonacci retracement then today I choose buy