Thread: Gbp/Jpy
Price pair could not achieve positive new bullish tendency to re-price decline to form a negative prompt
It should be mentioned that the pair remains his tendency rising steadily 124.60 support level
The current bearish wave may reach the level of 126.40
Stochastic fall down to limit the level of saturation sale
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once in the prediction of several indicators for the technical analysis of currency pairs GBPJPY on the market today are at the 140.05 support level then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit at 140.90 positions. You put a stop loss at 140.03 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 140.75
Resistent2 = 140.87
Resistent3 = 141.00
Support 1 = 140.05
Support 2 = 139.92
Support 3 = 139.80
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk.
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Pivot point calculation
Day = Tuesday
Date = February 25. 2014
Pair = gbp/jpy
Time Frame = Daily forex
Resistance 3 = 172.06
Resistance 2 = 171.45
Resistance 1 = 171.06
Pivot Point = 170.45
Support 1 = 170.06
Support 2 = 169.45
Support 3 = 169.06
This calculation can be used as a guide price action forex trading today.
I just give you the information and do not impose to use this price calculation.
Good luck.
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To-day gbp/jpy Resistance & Support
Resistance level
1 Resistance level 138.71
2 Resistance level 138.76
3 Resistance level 138.0
//////////
Support level
1 Support level 138.54
2 Support level 138.49
3 Support level 138.26
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gbp/jpy Technical analysis:
Level of Support
1-Support 157.95
2-Support 157.80
3-Support 157.68
Level of Resistance
1-Resistance 158.07
2-Resistance 158.18
3-Resistance 158.30
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GBP/JPY Daily Trade
Sell the pair below 167.75 with targets 167.25 and 166.44. Stop loss 167.95
Above 167.75 buy the pair with 168.55 and 169.36 as targets. Stop loss 167.45
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I try to make analysis for eurgbp pair today.Gbp/Jpy
Recommendation Trend is = Buy
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move.
Resistance level
1 Resistance level :140.71
2 Resistance level :141.12
3 Resistance level :141.77
Support level
1 Support level : 139.40
2 Support level : 138.99
3 Support level : 138.33
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
Regaerd :Kaka
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bullish trend seems to be taking place on the GBPJPY pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 140.12 and strong support at level 139.92 in hourly time frame. there is possible chance price will move to up side. then next high price is 140.62
I suggest to entry BUY with stoploss at 139.77 and take profit at 140.62
I hope you can earn consistent profit from my signal, good luck
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Resistance level and Support level
current price Gbp / jpy= 140.22
Resistance Levels
resistance level 1= 140.27
resistance level 2= 140.32
resistance level 3= 140.37
Support Levels
support level 1= 140.21
support level 2= 140.18
support level 3= 140.14
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.
this is my analysis for GBPJPY pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 140.21. and the pair will continue to go up to the next resistance level at 140.46
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 140.16 , stop loss at the level 139.81. target take profit at the level 140.61
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
--- Update ---
this is my analysis for GBPJPY pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 140.21. and the pair will continue to go up to the next resistance level at 140.46
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 140.16 , stop loss at the level 139.81. target take profit at the level 140.61
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
--- Update ---
this is my analysis for GBPJPY pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 140.21. and the pair will continue to go up to the next resistance level at 140.46
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 140.16 , stop loss at the level 139.81. target take profit at the level 140.61
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
--- Update ---
this is my analysis for GBPJPY pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 140.21. and the pair will continue to go up to the next resistance level at 140.46
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 140.16 , stop loss at the level 139.81. target take profit at the level 140.61
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
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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