The price of the pair is still stable within the minor ascending channel axes to keep it on the positive stability and to stay pending the formation of a new bullish Hdzm to achieve this awaited targets at 195.75 and 197.00 respectively.
Thread: Gbp/Jpy
The price of the pair is still stable within the minor ascending channel axes to keep it on the positive stability and to stay pending the formation of a new bullish Hdzm to achieve this awaited targets at 195.75 and 197.00 respectively.
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Trend: Bullish. Market has reached the upper trendline line, then the required correction which is predicted to be at 194.70 to 194.30 before continuing bullish movement.
Recommendation: Buy
Spoiler:
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Stochastic lose the positive intention currently supports some volatility to the side while compiling price for a moment and then rising again to do the bullish confirmation of the attack to try to reach the objectives previously anticipated.
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Despite the slowdown in the positive impulse for the price of the pair, but we note formed to channel subset emerging and localized support around 192.50 in line with the bullish bias, so we are waiting for a positive attack and be able to price it to overcome the level of 195.75 and then access the main target at 197.70.
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Still the price of the pair adheres control the rising tendency is formed by a new positive waves and settle through which about 194.80, so we will stay awaiting the arrival of the price of the initial target of about 195.75 and recall that the previous price target exceeded open the door to score more goals down to the level of 197.70,
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Trend: Bullish. Seen market has been penetrated down the daily pivot point. The next goal, is a correction in the shadow, at 193.75 which is also adjacent to first daily support.
Recommendation: Buy limit at 193.75
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Made a pair price positive close back above the level of 192.10 to note rushes towards the level of 194.15 confirming Tmaxh control the rising tendency at the moment, so we will stay pending the liberation of the price of the next barrier of about 195.70 door and open to the resumption of positive attempts and then achieved the next target at 197.70.
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Trading Signal - 11/08/2015 - 10:00 (GMT +3)
Instrument: GBPJPY
Time : 60min CHART
Trend & Condition : Upwards Weak
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction
too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistances :
193.80 195.24
193.24 197.25
192.76 200.50
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Try to pair price drop below the level of 192.10 during trading on Friday, however, presented a positive to close around 192.60 assures us Tmaxh control the rising tendency for the coming period, so it will remain shootout upside exists for when trying to liberate the price level of 195.75 and then arriving to the next target at 197.75.
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.
yai pair kafi move kar laita hai weekly magar is par mera analyse kabhi nahe gaya hai kio k yai pair kafi spread rakhta hai mere broker par is leyay mainy wo select kia howa hai jis ki mere pass spread kam ho ya then he trade mai sahe maza ata hai warna hum pura day just target ka he wait karty rahty hain..
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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