Thread: Gbp/Jpy
my technical analysis and some opinion about this pair
I using technical analysis. pivot point is the point in which the market sentiment changes from bearish to bullish.
support and resistance calculations give good signal for bullish.we can see a Buy signal on MACD indicator.
major low levels also known as supports -Buy the pair long term
major high levels also known as resistance - Buy currency pair long term
take Long position can give profit in forex market today.
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maybe this pair will make some correction to the next high level.
I predict this pair will reach to the next resistance level,
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
we must have a good strategy to get consistent profits ,
choose a strategy base on your trading style and increasing your knowledge about forex everyday.
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The British pound has rallied again against the Japanese yen during the trading session on Monday to kick off the week and show signs of life again. Ultimately, this is a pair that is sensitive to risk appetite so paying attention to the stock market will probably continue to be the best way going forward to figure out where this could go. At this point though, I do believe that the market is showing more signs of strength and weakness, so therefore an attempt at the 200 day EMA does make a certain amount of sense, which is closer to the ¥136 level. If we can break above that level, then it is likely we go looking towards the ¥140 level given enough time.
GBP/JPY Video 21.07.20
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hello my dear friends how are you , I hope you will be fine everyday
I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
BUY position is better choice now, you can set target profit level 35 pips from current price
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
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Hassinali (2020-07-26)
Today market trend:Bullish sell
Moving average aur famous indicators hamain market ke nechay jany ka ishara de rahe hain
Resistance aur Support points bhi hamain nechay jany ka hi ishara de rahe hain
Sell main trade lagana hamare liye acha rahe ga
Hamesha khud par confidence rakhen aur soch samjh kar trading karni chahiye taa ke hum acha profit hasil karen
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high level points of current day -
135.67
low level points of current day -
135.41
pair is highly in buy direction.
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Today market analysis and trend:sell
Indicators and Moving average market ke down hony ka bata rahe hain
Resistance and Support points se bhi market down hoti nazar a ri hai
Hamain sell main trade lagani chahiye
BesT Of LucK
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Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko...
Keep it up
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Akhterp (2020-07-26), billyboy00007 (2020-07-26)
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
Good luck everyone
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Akhterp (2020-07-26)
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