Gbp/Jpy

[Gamabunta]

Could not price the pair access to the axis of the SMA 55 is affected by conflict of key indicators, which result in the continuation of the tendency lateral current period control, we recall that the bullish bias depends entirely on the stability of the level of support and centered at 177.80 to wait assemble price for the determination of a positive new and then access to the level of 181.35

Stochastic attempts to continue to provide upside momentum by attacking the level of 50 but the price will remain under side effect its stability without moving average, what makes us so waiting for liberation from the price level of 183.30 to confirm positive for the coming period.

Expected trading range between 177.80 and 181.30.

[ducd3vaizo]

Daily Forecast

Pair: GBPJPY
Major Trend: Bullish
Time Frame: H1
Reason: Because the market has been rejected in the second support at 177.98, it is predicted to lead to 179.51
Recommendation: Buy limit in 178.34

[Gamabunta]

March 24, 2015 update:

The price of the pair moves starting wave (177.16) It is noted that the limits of the line the main direction drawn to this wave along the between-level (178.49) and (178.35 is worth mentioning that the current wave goal access to the area (179.57) and with respect to trades that day will be watching the movement Price among level (179.13) and level (178.71) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (178.16) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (179.68) In the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (178.23) - the second support (177.43) - First resistance (179.75) - a second resistance (180.48).

[ducd3vaizo]

Daily Forecast

Pair: GBPJPY
Major Trend: Bearish
Time Frame: H1
Reason: Envelope and RSI still leaning down. And, the market has rejected the weak support at 179.15, 177.82 to the possibility of the market will, to this day.
Recommendation: Sell

[Gamabunta]

The pair kept the price stability over the rising channel support level of note arriving during trading on Friday, almost to the level of 180.10, which supports lateral oscillation stability SMA 55 around the 181.30 level and hinders attempts nearby positive for the period.

In general, as far as the major support at 177.80 expect it to continue rising attempts and attacks the price so moving average axis 55 and breaking through that open the way for him to achieve more goals starting from 184.00.

Expected trading range between 177.80 and 181.30.

[hors]

the pair has closed under 177.31, that's mean the down trend is expected and the pair might head to 178.31 then 177.00 , however the pair made a hourly correction

[ng1985]

pair- gbp/jpy
time frame to analysis- m15



the price is break the fibo support level 78.6 but hold at the 178.20 level. its up movement not able to break resistance at 178.90 and its again down side. hold the short entry with stop loss at 179.15 and profit target 177.90
good luck

[Gamabunta]

March 23, 2015 update:

The price of the pair moves starting wave (177.16) It is noted that the limits of the line the main direction drawn to this wave along the between-level (178.34) and (178.18 is worth mentioning that the current wave goal access to the area (181.06) and with respect to trades that day will be watching the movement Price among level (179.74) and level (178.81) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (177.95) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (180.10) In the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (178.19) - the second support (176.99) - First resistance (180.34) - a second resistance (181.30).

[hors]

This pair is trapped between the Resistance level at 180.61 and its support at 177.93. My strategy for this pair is to buy at low, and sell at high. If this pair could broke wether its resistance or support for about 50 pips, we can say it, its show the trend.

[Takiart]

thank my dear brother, I hope to continue writing other topics alopecia for beginners like me and thank you very much