Thread: Gbp/Jpy
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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Mureedabbas (2019-05-20), RYK (2019-05-20), zainm6050 (2019-05-20)
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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Mureedabbas (2019-05-20), Rahim217 (2019-05-20), RYK (2019-05-20), zainm6050 (2019-05-20)
GBPJPY Today Analysis
Market Trend Bullish
Pivot Point 140.02
S 1 >>>>> 139.35
S 2 >>>>> 138.90
S 3 >>>>> 138.30
R 1 >>>>> 140.55
R 2 >>>>> 141.18
R 3 >>>>> 141.70
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Mureedabbas (2019-05-20), Rahim217 (2019-05-20), RYK (2019-05-20), SDK (2019-05-20), zainm6050 (2019-05-20)
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.
Mureedabbas (2019-05-20), RYK (2019-05-20), SDK (2019-05-20), zahir123 (2019-05-20), zainm6050 (2019-05-20)
Resistance3= 169.31, Resistance2=168.85, Resistance1:=168.24 , Pivot Point=167.79 Support 1=167.18 Support 2=166.73 , Support 3=166.12 {Hope a good day for all of you good luck to all}
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GBP/JPY is taking the rounds near 140.30 during early Monday.
The quote now aims for last week's multiple highs near 140.80 ahead of targeting May 13 low around 141.20.
Given the pair’s successful rise above 141.20, 141.70 and 142.20 could please buyers.
Meanwhile, 140.00 seems immediate support to follow during the pullback, a break of which may fetch the quote back to recent lows near 139.55.
If there prevail additional declines below 139.55, 139.00 can come back on the chart.
KEY LEVELS
R3 141.74
R2 141.21
R1 140.60
PP 140.07
S1 139.46
S2 138.93
S3 138.32
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GBP/JPY is taking the rounds near 140.30 during early Monday.
The quote now aims for last week's multiple highs near 140.80 ahead of targeting May 13 low around 141.20.
Given the pair’s successful rise above 141.20, 141.70 and 142.20 could please buyers.
Meanwhile, 140.00 seems immediate support to follow during the pullback, a break of which may fetch the quote back to recent lows near 139.55.
If there prevail additional declines below 139.55, 139.00 can come back on the chart.
KEY LEVELS
R3 141.74
R2 141.21
R1 140.60
PP 140.07
S1 139.46
S2 138.93
S3 138.32
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Brent is still moving upwards; it has broken 72.92 and may continue growing towards 74.25. Later, the market may be corrected to reach 72.20 and then resume trading inside the uptrend with the short-term target at 75.80.
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.
my analysis of Gbp/Jpy
Today Trend is:buy
Resistance and Supporting level today,s
Resistance level today,s is
First Resistance is:140.58
Second Resistance is: 140.87
Third Resistance is: 141.29
Supporting levels today,s is
First Support is: 139.80
Second Support is:139.41
Third Support is:138.98
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.
SDK (2019-05-20)
U.S. Dollar Index Futures (DX) Technical Analysis – May 20, 2019 ForecastJune U.S. Dollar Index traders should keep an eye on the Euro since it is heavily weighted in the index. The Dollar Index could weaken if the EUR/USD takes out 1.1164 and strengthen if the EUR/USD breaks through 1.1152.
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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