Thread: Gbp/Jpy
market technical analysis for currency pair
.
Gbpjpy
market have buy position today
resistance and support levels will remain as?
current price this time+ 142.44
Resistance level 1 : 142.68
Resistance level 2 : 142.96
Resistance level 3 : 143.18
Support level 1 : 142.18
Support level 2 : 142.00
Support level 3 : 141.78
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The GBPJPY exits the bullish track
The GBPJPY pair faced strong negative pressures on last Friday, to notice forming negative attack and settling below 142.70 level that forms the extension of the main bullish channel’s support line.
Note that the continuous fluctuation below the broken support confirms surrendering to the bearish bias domination, to expect gathering the additional negative momentum by stochastic reach to 20 level to start targeting new negative levels by moving towards 141.40 and 140.25 levels.
The expected trading range for today is between 142.70 and 141.40
The expected trend for today: Bearish
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gBP/jpy>>
pivot point :141.05
first resistance is on point : 141.25
second resistance is on point :141.45
third resistance is on point : 141.65
In my observation the profitable next selling point will be 141.45
and by my mind the profitable next buy point will be 139.80
I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
note;simply moving on parabolic levels entry.>
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.
Version2 (2020-01-27)
Gbp/jpy
suporting levels are here:
support 1) 142.10
support 2) 141.90
support 3) 141.65
Ichimoku trends giving selling signals
THE RSI movement of this pair is moving with high frequency on SELL signal.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest 3rd resistance of this pair today will be going :142.60
i think best time to enter sell trade at 142.55 with tp at 139.80 with narrow stop loss of 143.00 with long terms
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Iqlevel (2020-01-27)
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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Version2 (2020-01-27)
market trend for this pair
technical indicator for analyzing :
Momentum : Bullish
Simple Moving Average : Bullish
Pivot points : Bullish
Ichimoku : Bullish
Resistance and Support points market ke nechay janay ke haq main hain. Buy ki trade profit de gi. Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye. I recommend this trading Up trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches.. If you want become Successful Trader In forex business, do hardwork and get more knowledge and experience about forex trading
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.
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Time Frame - 4 Hour
Currency pair - GBP/JPY
Buy @ - 142.52
Stop Loss - 141.95
Take Profit - 143.22
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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.
GBP/JPY
Market Trend is sell
Resistance levels
1.Resistance=>130.14
2.Resistance=>129.50
3.Resistance=>128.69
Supporting levels
1.Supporting=>127.24
2.Supporting=>126.60
3.Supporting=>125.79
If you like Click THANKS👍
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Today's market trend: Sell
kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
Best of luck.... 👍✌
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.
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