Gbp/Jpy

[samoo]

On the GBPJPY a bearish cross is currently taking place between the 9 and the 152 EMAs indicating by that the possibility that the price will be heading south soon.
After monitoring the histogram indicator we can notice that a green line is starting to take shape forming by that a bullish signal for the pair by being located over the 0 histogram level.
As for the market emotion indicator which is giving us a red line meaning by that that the price will be starting to fall to reach lower prices.
On the guru angle indicator we can notice that the slope is currently moving below the 0 level colored as red indicating by that a bearish direction now.
Clearly we can see that the price might be heading south in order to test the next support located at the price 184.16 that's why I do recommend that as long as the indicators keep showing the same signals we should go with sell orders.

[ramadanyu]

A new bearish trend is starting to take place on the GBPJPY according to the MA indicator which changed to red color and at the same time the candles started turning to the red color which confirms the direction of the trend.
The bearish trend's strength is shown by the BB MACD indicator signal where the red dots are currently stationed below the zero level.
In the end I think sell trades would work greatly since the bearish direction is gaining in strength targeting by the support located at the level 184.45 as long as it remains strong and keeps its position below the level 185.05 which is a resistance level at the moment .

[maggie]

On the GBPJPY chart you can see a bullish trend due to the green color of the super trend and it is the main indicator to know the price movement direction.
The Nonlong dot is colored in red and that is an indication for a sell signal.
The signals now are showing a weak bullish trend also the buy trades can take place as soon as the Nonlog indicator has changes to confirm the new direction.
When we talk to the stop loss area we can think about two ways to end first if the price reaches the support of 185.25 and the second when the super trend changes its color to red that means that the bullish trend has ended .

[halloiasan]

the GBPJPY pair have a up channel as you can mention on the chart then thinking about an bullish direction on the few coming hours is strongly .
By the current time the price hits the recommended lower edge of the Donchin Channel indicator alerting for a good chance for north movement.
Another signal is given by the awesome indicator as the price keeps below the zero's level and showing green color which could be recognized as a good buy signal.
Finally I can see the signal of bullish direction on the stostatic according to the last buy intersection between the two lines near the 20 Th level.
Waiting a confirmation of buying direction form awesome indicator is a wise but in the same time the current situation could encourage the buy trades as long as the price didn't reach the high edge of Donchin channel

[mary]

As we can see in the GBPJPY chart the main trend is currently taking a down direction and that�s because of the position of the 5 and 6 EMAs which are Below the 35 EMA and as a result taking sell positions is the right choice once I get the confirmation from the other indicators that the direction will be bearish .
The parabolic sar indicator shows that the price might be taking a downward direction according to the dots Above the candles .
The MACD indicator is giving me a sell signal which is currently moving Below the 0 level also the CCI line is performing downward signal as is at the Lower level .
As a conclusion to what I said earlier I do think that selling would be the best choice for now according to the EMA locations that of course unless the price gave a bullish signal instead .

[wench]

On the GBPJPY chart for today the price appears to move in downward trend as a red dots appear above the bars and as the price still lower than the strong resistance of 184.1933 which is also the weekly pivot point and it is likely for the price to keep going south unless it hit the weekly pivot support at 180.6033 On the other hand if the price breaks the 184.1933 resistance and also get a bullish signals by a blue colored dots it is expected to keep going north till the 186.2067 resistance as the next weekly pivot level.
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[ducd3vaizo]

Pair: GBPJPY
Major Trend: Bullish
Time Frame: H4
Reason: Price has been a correction in the price of which has broken support area at 185.03. Further possible price would not touch the pivot point at 185.51, having been formed candle sell strong, predictable price will lead to 184.25.
MA has red, RSI is still above the line 50. Stochastic had penetrated converging and are in the oversold area.
Recommendation: Sell with a target of 184.25

[ANDRIAS]

http://prntscr.com/58hzdh
analysis for today 11 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 11 / 20 / 2014
OPEN 184.99
HIGH 186.13
LOW 184.88
CLOSED 185.53

The third resistance (R3) 186.13 - ( 185.51 - 184.88 = 0.63 x 2 = 1.27 )= 187.40
The second Resistance (R2) 185.51 + 186.13 - 184.88 = 186.76
First resistance (R1) 185.51 x 2 = 371.03 - 184.88 = 186.15
pivot points 186.13 + 184.88 + 185.53 = 556.54 / 3 = 185.51
Support for the first (S1) 185.51 x 2 = 371.03 - 186.13 = 184.90
Support second (S2) 185.51 - ( 186.13 - 184.88 = 1.25 ) = 184.26
Third Support (S3) 184.88 - ( 186.13 - 185.51 = 0.62 x 2 = 1.23 )= 183.65

[nininini]

On the GBPJPY hourly chart we can see a bullish channel also we can see the red color of the Moving average indicator that means that the price is moving down for the current time.

The market started today at a higher levels than the daily pivot point at 184.16 and due to the data we mentioned before the price may continue to go down till it hits the first daily pivot support which located at 183.72 also if the WPR indicator does not show an opposite upward signals.

If we reach our target we can keep selling till the 183.29 support that is very strong support level to reach till the end of the day.

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[alii.hassan]

the down red arrow located above the price determines that a bearish trend is taking place at the moment on the GBPJPY pair also the sell cross taking place between the snake and T2_clean verifies it even more.
the support 184.15 is a strong level and it could be used as a take profit level to minimize the losses if the price headed the opposite direction or if it got penetrated and kept heading down then the price will keep selling On the other hand a strong stop loss level could be initiated at the resistance of the price 186.15 I think selling would be the wisest decision at the moment unless another opposite buy signal is formed or if a blue up arrow appears .