Gbp/Jpy

[TheFxTrader]

Continue the GBP against the yen to fluctuate within the shown image sideways range, and whose limbs support 151.80 and resistance 157.35, and as we pointed out in the last of our reports, the price needs to break through one of these levels to determine the following objectives more precisely, which makes us keep our neutral stance so far.

[TheFxTrader]

GBP against the yen further fluctuate within a sideway range shown in the graph appears, therefore, we continue to remain neutral until the price could break through one end of this range, which Taattml 151.80 support and 157.35 resistance to identify the following objectives more clearly.

[totaa]

The last sign manifest on the 1H chart of GBPJPY turn to be a bullish one according to the brain trend indicator by having the up arrow printed below the price and the last key support level is located by the red line at 160.8 In the other hand the RSI indicator have a signals that confirms with the upward way it keeps above the level 50th on the center to end us up having a two equal signs telling about a better probability for the buy orders and then the best decision for this case is to enter the trades as soon as possible By the way the resistance which could be found at the price 161.3 is a perfectly robust and the price may found some snags when it reaches it which make it a convenient spot to exit the trade and waiting for the price action within this standard.

[m.magdy]

The current price for the GBPJPY contenious moving below the Ichimoku Cloud in additonal to the appeariance of the blue color for the present allowing us to set the long term direction as bearish leading the prices to hit the upcoming support levels that sets near 160.35 prices.
Within the main direction there are a bearish cross between the two lines of Tenken Sen and the Kijun sen where the green line of tenken sen goes below the red kijun sen line then we can be informed about being in a strong move because it?s direction goes with the previous trend of the Cloud.
160.35 At this condition the support zone located near 160.55 have a big opportunity to be hit before the target of 160.35 hits.

[totaa]

The last signal appears on the hour chart of the GBPJPY was a bullish one as we can see the brain trend indicator brings up the up arrow printed below the price and the last key support can be located near the red line near 160.75 Now the RSI index correspond with the upward trend as you can see it stays above the 50th level which gives us a two equal signal to enter the buy orders and then the best decision for this case is to enter a fast orders as soon as possible When talking about the trade target I do think that the resistance that located at the price 162.15 is a perfectly robust and the price may found some snags when it reaches it which make it a convenient spot to exit the trade and waiting for the price action within this standard.

[m.magdy]

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.

[nour.mohamed]

the price heads above the Trend line index causing the market to go upward tendency was set out rising to test the of the upcoming resistance ****es at 1.406 where the followed target set off. Additionally the bullish pattern still still not confirmed by the set of trend signals as they don't get a bullish sign so we could believe that the move is possibly week for the time being. Furthermore the TDI indicator stands close to the middle hand with a sell signal which could be a right warning for the reasoning of entering with the bullish point to be settled with the change of the bearish signal.

[m.magdy]

The prices shown on the GBPJPY keeps moving above the Ichimoku Cloud and also there are an apperiance of the blue color for now which let us think about the long term direction of bullish leading the price to the next resistance area aprroximate at 157.35 qoutes.
Within the main direction there are a bearish cross occurs between the indicator's lines of Tenken Sen and Kijun sen which you can monitor that the green tenken sen goes below the line of kijun sen which we can use as a signal for a week direction as the cross comes against the main trend.
156.6 Finally I think due to this situation the resistance line founded at 157.1 have a high chance to be hit before the main target of 157.35 arrived.

[nour.mohamed]

After today?s opening the cost heads below the Trend line index causing the market to go downward direction and then the price seems to start falling to test the up and coming support levels at 156.75 while the next target move. further the bearish way still still not assured by the set of way indicators as they don't have all a bearish point so we can say may be it?s going to be week at the moment. by the way the TDI indicator grasps near the lower edge and have a sell signal which could be a good confirmation for the reasoning of entering with the bearish direction till it changed the bullish alert.

[nour.mohamed]

After the present launch of the price heads above the Trend line index causing the market to go upward path and then the amok looks like to start rising to check the upcoming resistance range at 155.1 locating the next objective. In addition to the bullish orientation to stay still not confirmed by the group of signals that came by the index as they don't have all the bullish point so we can say may be it?s going to be week at the moment. by the way the TDI indicator grasps near the middle edge and have a sell sign which could be a decent warning for the thinking of entering with the bullish point to be settled with the change of the bearish point.