Gbp/Jpy

[Gamabunta]

As we can see there is a resistance level at 187.29 that's why we can get in short position with take profit at 185.16.

[ADI FX]

analysis for today 12 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 12 / 19 / 2014
OPEN 186.22
HIGH 187.22
LOW 186.04
CLOSED 186.75

The third resistance (R3) 187.22 - ( 186.67 - 186.04 = 0.63 x 2 = 1.26 )= 188.48
The second Resistance (R2) 186.67 + 187.22 - 186.04 = 187.85
First resistance (R1) 186.67 x 2 = 373.34 - 186.04 = 187.30
pivot points 187.22 + 186.04 + 186.75 = 560.01 / 3 = 186.67
Support for the first (S1) 186.67 x 2 = 373.34 - 187.22 = 186.12
Support second (S2) 186.67 - ( 187.22 - 186.04 = 1.18 ) = 185.49
Third Support (S3) 186.04 - ( 187.22 - 186.67 = 0.55 x 2 = 1.10 )= 184.94

[BURHANFX]

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analysis for today 12 / 22 / 2014
GBP/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 186.77
Retracement (50%) 186.63
retracement (61,8%) 186.49

Extensions (61.8%) 187.95
Extensions (100.0%) 188.40
Extensions (138.2%) 188.85
Extensions (161.8%) 189.13
calculation based on a Fibonacci retracement then today I choose buy

[Gamabunta]

The price is facing the resistance level at 187.29 and the CCI indicator is in overbought condition that's why I think that the price will fall to the support level at 184.93.

[edmar6969]

Trading Signal - 19/12/2014 - 10:00 (GMT +2)
Instrument: GBPJPY
Time : 60min CHART
Trend & Condition : Upwards Strong
The TP1 has been reached. We closed 50% of our position and have moved the Stop loss at the lock in profits level (184.70).
Provided the market conditions will remain the same the TP2 will be reached soon.
Support & Resistances :
185.70 188.70
184.90 192.10
183.60 197.70

[ng1985]

pair- gbp/jpy
time frame analysis- H1



the price is break the fibo resistance level 78.6 but now making doji patterns. the price is also having down trend signal with parabolic sar. if this is move below the 186.00 level then down movement can expected. short with take profit at 183.00 and stop loss at 187.93

good luck

[BURHANFX]

http://prntscr.com/5he27c
analysis for today 12 / 19 / 2014
GBP/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 185.28
Retracement (50%) 185.55
retracement (61,8%) 185.82

Extensions (61.8%) 182.98
Extensions (100.0%) 182.10
Extensions (138.2%) 181.22
Extensions (161.8%) 180.68
calculation based on a Fibonacci retracement then today I choose sell

[ADI FX]

analysis for today 12 / 19 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 12 / 18 / 2014
OPEN 184.76
HIGH 186.70
LOW 184.40
CLOSED 186.19

The third resistance (R3) 186.70 - ( 185.76 - 184.40 = 1.36 x 2 = 2.73 )= 189.43
The second Resistance (R2) 185.76 + 186.70 - 184.40 = 188.06
First resistance (R1) 185.76 x 2 = 371.53 - 184.40 = 187.13
pivot points 186.70 + 184.40 + 186.19 = 557.29 / 3 = 185.76
Support for the first (S1) 185.76 x 2 = 371.53 - 186.70 = 184.83
Support second (S2) 185.76 - ( 186.70 - 184.40 = 2.30 ) = 183.46
Third Support (S3) 184.40 - ( 186.70 - 185.76 = 0.94 x 2 = 1.87 )= 182.53

[Gamabunta]

I think that the price will continue the downside mouvement until it reach the support level at 181.10 that's why we can get in short position.

[ng1985]

pair- gbp/jpy
time frame analysis- m30



the major trend of the price is down side but the macd indicator is moving above the zero level. the price having resistance at the 184.60 level if this is break then up movement continue expected to the highe resistance at 186.95 level. hold the long entry with stop loss at 182.83
good luck