Gbp/Jpy

[Gamabunta]

After the failure in beaking the resistance level at 189.66, I think that we can get in short position with take profit at 185.91.

[dareking]

bhai gbp/jpy to waise trend up hai, itna jayda ye down nahi hua hai, long term ke hisaab se buy hi badiya hai, baki humare ko analysis karte rahna chahiye, taki market trend ka pata chalta rahe kya chal raha hai bhai.

[olbiz]

normal range cross rate yesterday Pound / Yen is estimated will have the support level at 170.68 and resistance level at 172.14.
In general, the pattern of major long-term review, this GBPJPY pair beradapada Channeling Up. Technical indicators showed an increase momentum and entered the final phase of the consolidation phase review on minor pattern indicates that the pair GBPJPY stands at Rising Wedge pattern Break Down,?

[Gamabunta]

Spread the pair price during yesterday's note to achieve the level of 190.00 thus achieving the first goal and expected the previous report, in general will remain trading under the impact of the rising tendency of future period and note that the price of the current level exceeded will open the way for him to score more goals starting from 192.30.

Stochastic succeeded by reaching saturation level for the purchase of a new increase of positive pressure and confirms the attempt to overcome the current price level and then arriving next goal.

Expected trading range between 188.30 and 192.30.

[Gamabunta]

The pair confirmed price Tmaxh control the rising tendency is formed by a strong upside wave to note registered for trading at 188.55 level yesterday, so we will stay awaiting the arrival of the first target price at 189.70 and recall that the continuation of positive pressure will open the way for the price to achieve the second target at 192.30.

New stochastic positive attempts of trying his arrival to the level of saturation of the purchase price and supports the acquisition of the required determination to achieve the targets previously anticipated.

Expected trading range between 186.90 and 189.70.

[ducd3vaizo]

Daily Forecast

Major Trend: Bullish
Time Frame: H1
Reason: Ensure that the market will still be a correction on the first day of this resistance that has been pierced at 188.63, to further continue the bullish trend
Recommendation: Sell now

[Gamabunta]

I think that we can get in short position because of the resistance level at 188.56 with take profit at 186.95.

[Gamabunta]

It touched the price of the pair trades yesterday the support level of about 186.00 to constitute a strong obstacle to the negative waves and note rebounding strongly towards the level of 187.50, the above supports the bias bullish for the coming period and to recall that we are still waiting for the achievement of price first target at 189.70 and which will form the main door of the extension of trading more about future goals.

Stochastic is still stable below the level of 80 that supports real-time to the side while introducing the upside momentum again to confirm the arrival of the goals of the anticipated price.

Expected trading range between 186.10 and 189.70.

[Gamabunta]

Stick to the price of the pair control the rising tendency in spite of attempts by the negative stochastic recent period supports machined to form the bullish flag until this moment, the stability of the price above the level of 186.00 will detain price within the rising level until the assembled upside momentum required to achieve the awaited target previously at 198.70 and 192.30 on respectively.

What supports the proposed positive also, the stability of the level of violence to model and bottoms of about 184.10 to more than that of positive pressure for the coming period and to confirm the arrival of the objectives of the proposed price.

Expected trading range between 187.25 and 189.70.

[ahmed abdo a]

Forex Trading Support & Resistance

S1: 186.87W
S2: 185.74M
S3: 184.60S
R3: 192.80M
R2: 190.53S
R1: 188.27M