Thread: Gbp/Jpy
After analyzing the market of this pair GBP/JPY it shows that the trend is SELL
Current Rate is 0.8523
According to my analysis the resistance and support will be as
1) Resistance : 0.8540
2) Resistance : 0.8557
3) Resistance : 0.8575
*********************************
1) Support : 0.8500
2) Support : 0.8484
3) Support : 0.8470
BEST OF LUCK...
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Babarali123 (2019-12-04), MTB (2019-12-04)
Gbpjpy
british pound / japanese yen
141.112
jpy
+0.110 (+0.08%)
market open (dec 03 11:50 utc-5)
141.002
prev
141.002
open
232.728k
volume
140.920 — 141.715
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Babarali123 (2019-12-04), MTB (2019-12-04)
The GBPJPY needs a strong momentum
The GBPJPY pair attempted to form a new positive rally in yesterday’s trading, but the continuation of the contradiction between the main indicators, and stochastic reach to 20 level decelerates the bullish attempts, which forces it to fluctuate near 141.25 level.
In general, the stability of the price within the bullish channel levels and the extension of the moving average 55 to the support at 140.40 makes us prefer more of the bullish attempts, gathering positive momentum makes us expect reaching 142.60 and 143.80.
The expected trading range for today is between 140.80 and 142.60
The expected trend for today: Bullish
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Babarali123 (2019-12-04), MTB (2019-12-04), Muhammadasif11 (2019-12-03)
With the market’s risk sentiment cheering China data, GBP/JPY takes the bids to 141.60 ahead of the UK open on Monday.
Unless providing a successful break of 141.86, prices are less likely to aim for March-April lows near 143.72/78.
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Babarali123 (2019-12-04), MTB (2019-12-04), Muhammadasif11 (2019-12-03)
as expected this pair making a strong bearish movement right after the news release yesterday......and the support line has been broke by yesterday move but becareful i think this pair is nearing the low and the major revesal will happen soon.....watchout at 129 - 128 area to enter long next week
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Babarali123 (2019-12-04), MTB (2019-12-04), Muhammadasif11 (2019-12-03), Shahnawaz148 (2019-12-03)
Hello friends how are you i hope you're alright and enjoying forex trading. Hardworking is very important for any trader's because any business takes time for the better performances hard working is decided your profite because hard working is goes to a success my suggestion for everyone make a successful trader attended by exchange market for the good trade beacuse your little mistake you will be bear loss and not achieve success practice and hard working make a successful career.
Today Trend Of The Market:Buy
money management is very effective for getting profits with stop loss and take profits method with current trading position. Remember there are risks in forex trading field so be active and be carefull.
If you want become Successful Trader In Forex so could the hardwork and get a knowledge and experience about forex trading.
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Babarali123 (2019-12-04), Iqlevel (2019-12-03), Shahnawaz148 (2019-12-03)
Gbpjpy:cur
gbp-jpy x-rate
141.2290jpy+0.2190+0.16%
open
141.0200
prev close
141.0100
ytd return
1.21%esne apna support tod diya he...
Maine soch raha ki ye hammer price ko upar jane ke liye signal dita, lekin idar H1 chart me hammer form hua ta ise liye 50-60 pips upar ja sakta hai, ise hamer dina ka ya 4 ganta ka chart me mila to jada pips kama sakta hai.
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Babarali123 (2019-12-04), Shahnawaz148 (2019-12-03), Version2 (2019-12-03)
Originally Posted by s19 View Post
esne apna support tod diya he...
Maine soch raha ki ye hammer price ko upar jane ke liye signal dita, lekin idar H1 chart me hammer form hua ta ise liye 50-60 pips upar ja sakta hai, ise hamer dina ka ya 4 ganta ka chart me mila to jada pips kama sakta hai.
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.
Asadjaved (2019-12-03), Babarali123 (2019-12-04), Shahnawaz148 (2019-12-03)
GBP / JPY
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 142.347
Resistance Level (R2): 142.056
Resistance Level (R1): 141.543
Pivot Point: 141.252
Support Level (S1): 140.739
Support Level (S2): 140.448
Support Level (S3): 139.935
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Asadjaved (2019-12-03), Babarali123 (2019-12-04)
I anticipate this pair GBP JPY have bullish course
.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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.
Asadjaved (2019-12-03), Babarali123 (2019-12-04)
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