Subscribethanks i get very help from your post ...
Thread: Gbp/Jpy
thanks i get very help from your post ...
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forexA (2019-05-21), Muneer7171 (2019-05-21)
GbpJpy technical analysis by using : Auto pivot indicator.
Parabolic SAR indicator there a dot below the candles that indicates a downward direction in addition to that we can see a SELL signal on the MACD indicator that is moving below the level 0 beside that the CCI line is located at the lower level to perform a upward signal on the chart of the this pair there is a main down trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bearish direction then I will go for “SELL” positions.
resistance level 1 : 141.45
resistance level 2 : 141.08
resistance level 3 : 140.74
pivot point : 140.37
support level 1 : 140.03
support level 2 : 139.66
support level 3 : 139.32
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ismar (2019-05-21), JamesX9 (2019-05-21), m148 (2019-05-21), mansurep (2019-05-22), Muneer7171 (2019-05-21), yulbang111 (2019-05-21), yuyul (2019-05-22)
the moving under the level of 140.060 as we can see from the chart , I think the down trend is still standing and the pair might head to 140.090 and then 140.065 how ever the pair made any hourly correction..trending is going with high speed movements is last few hours..
it will be i think more up today..
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Muneer7171 (2019-05-21), Unregistered (2)
Gbp/jpy is sell
Piviot Point is :143.49
Resistance and supporting level is:
Resistance level is :
My Resistance is ,,,
Resistance level first: 142.95
Resistance level 2nd : 143.30
Resistance level 3rd: 143.65
My support is,,,,,
Supporting level first: 14.39
Supporting level 2nd: 142.28
Supporting level 3rd:142.17
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148 (2019-05-21), Muneer7171 (2019-05-21), siqidir (2019-05-21), Unregistered (2)
Previously, we wrote about if the USD were to gain strength, that matching it up against a relatively weak currency would be the trading opportunity (“Dollar Doom?”). Here is a chart of the largest losers against the US Dollar this week. If the trend continues to favor the US Dollar strength, look to the largest percentages below to continue to be a weak currency to a trade against the US Dollar.
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146 (2019-05-21), forexA (2019-05-21), Muneer7171 (2019-05-21), SA153P (2019-05-21), siqidir (2019-05-21)
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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PAK786 (2019-05-21)
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
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.
TODAY RECOMMENDATION
Today Supply Zone SELL@150.10
Today Demand Zone BUY@148.70
SL and TP are 35 Pips.
Pending orders are recommended.
Chart Explanation:
Green Line :Show the supply zone level
Red Line :Show the damand zone level
Red Dash Line :Show the SL & TP level
Please before working on real account. Check this strategy on demo account.
Having a good day!
BC Correction Strategy
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GBPJPY Analysis
SUPPORT LEVEL AND RESISTANT LEVEL
S3: 139.35
S2: 139.63
S1: 139.73
PP: 139.9
R1: 140
R2: 140.18
R3: 140.45
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Analysis of GBP/JPY
Trend is Sell
Resistance Level 1: 139.98
Resistance Level 2: 140.12
Resistance Level 3: 140.26
Pivot Point: 139.84
Supporting Level 1: 139.70
Supporting Level 2: 139.56
Supporting Level 3: 139.42
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