Thread: Gbp/Jpy
Today Market analysis and trend:ßuy
Current price , Previous price
And
Resistance points , Support points given is message about market up
All famous indicators:
Bollinger band
Parabolic sar
RSI
And
Moving average
Given are strong signals about market up so could the trading of ßuy
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148 (2019-10-11), IPL (2019-10-12), pti148 (2019-10-12), Qasimbhayo786 (2019-10-11)
ye pair lagataar down trend me hai me sochtaa hu ki ye kuch hi weeks me 127.33 ke support price level ko touch kregaa..
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IPL (2019-10-12), Qasimbhayo786 (2019-10-11)
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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IPL (2019-10-12), Qasimbhayo786 (2019-10-11), Zeeshani (2019-10-11)
the pair is in an uptrend now. although the trend in the range but in the short term seems to be going up. the breaking level of 122 will be an uptrend for this pair, otherwise it will continue its range until it breaks the 120 level. this pair is a very strong support and resistance for this pair and GBP / JPY broke yesterday's support to 121.86, giving us a sell signal . Indicators are generally bearish. We suggest now to treat only shorts because 122.32 is resistance. Breakthroughs 121 and 120.56 provide both new sell signals. In the case of returns above 122.32, a buy signal is given.
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IPL (2019-10-12), Irtaza146 (2019-10-11), Qasimbhayo786 (2019-10-11), Zeeshani (2019-10-11)
GBP / JPY still maintains a tight range of 120.75 / 122.56 and intraday bias remains neutral. With 120.75 minor support intact, another hike cannot be decided yet. But nevertheless, the choppy structure and the weak upward momentum of 119.37 show that it is only a correction and with cheking on the closing day yesterday, I think the pair will continue its movement on the basis of the upward trend towards the 122.20 level, so I think bullish positions are preferred with targets of at least 20 pips to 50 pips and the appropriate stop loss level.
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IPL (2019-10-12), Irtaza146 (2019-10-11), Qasimbhayo786 (2019-10-11), Zeeshani (2019-10-11)
Its post from locky........
Who tell you about the importance of the trading pair.......
As this pair we know that .it is the most important pair for trading in daily routine..
Its movement up and dowm shown its importance than compare others. Big movement of every pair also because of news .News of donald trump is most important. About USA and Chaina trades...
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
And also Use MACD trend analysis . . It always gives me much of profitable trades ...
●•°Good luck for your trading.................●•°
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If the M15 closes above 122 just buy it and don't sell. If the price closes below it, don't do anything.
If the M15 closes below 120, only sell and don't buy. If the price is closed again on it again do nothing
- what range 125 and 120 are neutral areas, any trade made between them is a personal decision and not part of this analysis
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Time Frame - 4 Hour
Currency pair - GBP/JPY
Buy @ - 134.89
Stop Loss - 133.04
Take Profit - 136.99
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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Gbpjpy
british pound / japanese yen
137.286
jpy
+3.038 (+2.26%)
market open (oct 11 09:41 utc-4)
134.248
prev
134.248
open
331.387k
volume
133.977 — 137.473
day's range
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Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
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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.
Shahnawaz148 (2019-10-11)
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