Thread: Gbp/Jpy
Consolidation from 129.64 is still in progress and deeper decline could be seen to 127.03 and below. But, we'll stay bullish as long as 124.72 support holds and expect rise from 118.82 to continue later. Break of 129.64 will target upper channel resistance (now at 130.73)
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I use technical analysis of currency pairs GBPJPY in the market at 04:17 which is the current market position is at 168.24 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands = Overbought, MACD = Up Trend, Parabolic SAR = Down Trend, Stochastic = Break High,
but it is by looking at the position on the market today gained 168.68 points pivots, yesterday high at 169.93 and yesterday low at 167.82 so support and resistance
R3 : 171.65
R2 : 170.79
R1 : 169.54
Pivots : 168.68
S1 : 167.43
S2 : 166.57
S3 : 165.32
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Recommendation : Based on the charts and explanations above, our opinion is selling the pair around 128.40 targeting 127.10, 126.50 and stop loss with four-hour closing above 129.05 might be appropriate
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 gbp/jpy current rate : 139.350
Today by observing all the routine of the market carefully i have come to know that the most
suitable and the most profitable selling point will be 139.203
And today the most profitable buy point will be 139.399
I hope you will follow my signals
good luck. all the best
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.
The pair is still trading within the symmetrical triangle shown above, where the pair is closely approaching the head of the triangle. Trading is stable below 128.40 and that supports our expectations for the bearish move to continue today targeting areas of 127.10 then 125.65 and require stability below 129.05.
Recommendation : Based on the charts and explanations above, our opinion is selling the pair around 128.40 targeting 127.10, 126.50 and stop loss with four-hour closing above 129.05 might be appropriate
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.
302 (2019-01-13), ah15 (2019-01-14), Ayaztrader (2019-01-13), ba33 (2019-01-14), FM2127 (2019-01-13), gale (2019-01-14), isha (2019-01-13), kashiustad (2019-01-13), rashidnawaz (2019-01-14), SA153P (2019-01-15), Shahzada (2019-01-15), Sing (2019-01-13)
Gbp/Jpy technical analysis is bullish
1. Resistance Level:139.53
2. Resistance Level:139.64
3. Resistance Level: 139.74
1. Supporting Level: 139.29
2. Supporting Level: 139.11
3. Supporting Level: 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.
on the H4 chart shown , i think we have a false breakout , and i think also if the pair close below the shown bearish trend و and below the resistance level 50% we will have more bearish direction again in the next few hours till reach the bullish trend and test it ,
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.
Standard Support – Resistance:
Resistent3: 141.54
Resistent2: 141.19
Resistent1: 140.97
Pivot level: 140.62
Support 1: 140.27
Support 2: 140.05
Support 3: 139.70
--- Trading opinion for the best profitable trade: Open Sell ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches.
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.
302 (2019-01-13), FM1881 (2019-01-13), FM2127 (2019-01-13), gale (2019-01-14), isha (2019-01-13), kashiustad (2019-01-13), rashidnawaz (2019-01-14), SA153P (2019-01-15), Sing (2019-01-13)
Consolidation from 129.64 is still in progress and deeper decline could be seen to 127.03 and below. But, we'll stay bullish as long as 124.72 support holds and expect rise from 118.82 to continue later. Break of 129.64 will target upper channel resistance (now at 130.73)
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.
The pair is still trading within the symmetrical triangle shown above, where the pair is closely approaching the head of the triangle. Trading is stable below 128.40 and that supports our expectations for the bearish move to continue today targeting areas of 127.10 then 125.65 and require stability below 129.05.
Recommendation : Based on the charts and explanations above, our opinion is selling the pair around 128.40 targeting 127.10, 126.50 and stop loss with four-hour closing above 129.05 might be appropriate
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.
00923027642346 (2019-01-13), 302 (2019-01-13), ba33 (2019-01-14), FM1881 (2019-01-13), FM2127 (2019-01-13), gale (2019-01-14), isha (2019-01-13), kashiustad (2019-01-13), rashidnawaz (2019-01-14), SA153P (2019-01-15), Shahzada (2019-01-15), Trump (2019-01-13)
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