Gbp/Jpy

[troykilson]

On the GBPJPY hourly chart we can see that a weak bearish trend is happening as the Blade oscillator is now at the 0.044 area below the level of balance and also the indicator is colored in blue that is a weak indication of bearish direction on the short term.
Another buy signal is shown on the moving average indicator as it is heading downward to let me think that the last top performed at 185.43 could be a good place to set any sell position's stop loss level at .

[hmmo]

For today's analysis on the GBPJPY since we can see that the price located above the level 185.35 colored in grey which can be considered a support point according on the MBFX indicator.
On the other hand the vestro indicator is showing us a bearish saturation as its last signal.
up in this situation targeting the next MBFX level located at the resistance of the price 186.2 which could be our primary buying target and if it kept going on the same pace then the resistance located at 187.04 could be considered as our secondary target but in case the price breaks the level 184.83 then this would be the time to start thinking about selling orders as the price will stop heading up

[ramadanyu]

A new bullish trend is starting to take place on the GBPJPY according to the MA indicator which changed to green color and at the same time the candles started turning to the green color which confirms the direction of the trend.
The bullish trend's strength is shown by the BB MACD indicator signal where the green dots are currently stationed above the zero level.
In the end I think buy trades would work greatly since the bullish direction is gaining in strength targeting by the resistance located at the level 186.3 as long as it remains strong and keeps its position above the level 185.25 which is a support level at the moment .

[samoo]

On the GBPJPY a bullish cross is currently taking place between the 9 and the 152 EMAs indicating by that the possibility that the price will be heading north soon.
After monitoring the histogram indicator we can notice that a red line is starting to take shape forming by that a bearish signal for the pair by being located under the 0 histogram level.
As for the market emotion indicator which is giving us a green line meaning by that that the price will be starting to rise to reach higher prices.
On the guru angle indicator we can notice that the slope is currently moving above the 0 level colored as green indicating by that a bullish direction now.
Clearly we can see that the price might be heading north in order to test the next resistance located at the price 186.25 that's why I do recommend that as long as the indicators keep showing the same signals we should go with buy orders.

[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 blue and that is an indication for a buy 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 .

[mary]

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

[hatrik]

As you can see on the GBPJPY chart in front of us the blue line�s position in the moment indicator is above the red line which means a good buying signal should be occurring.
also the yellow color shown in the oracle strength indicator means that a upwards direction signal is going to take place.
The oracle direction indicator could serve as a filtering tool with the blue colors shown on the arrows meaning that a upward signal would be taking place in short term trades.
Summing all that up in my opinion I do think that the trend would be taking a upward direction but that can only happen if the moment buy cross was taking place on the chart And as long as the ATR indicator keeps showing buying signals then without doubt the buy trades would be a better choice for entry.

[ANDRIAS]

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analysis for today 11 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 11 / 19 / 2014
OPEN 182.69
HIGH 185.08
LOW 182.54
CLOSED 185.00

The third resistance (R3) 185.08 - ( 184.21 - 182.54 = 1.67 x 2 = 3.33 )= 188.41
The second Resistance (R2) 184.21 + 185.08 - 182.54 = 186.75
First resistance (R1) 184.21 x 2 = 368.41 - 182.54 = 185.87
pivot points 185.08 + 182.54 + 185.00 = 552.62 / 3 = 184.21
Support for the first (S1) 184.21 x 2 = 368.41 - 185.08 = 183.33
Support second (S2) 184.21 - ( 185.08 - 182.54 = 2.54 ) = 181.67
Third Support (S3) 182.54 - ( 185.08 - 184.21 = 0.87 x 2 = 1.75 )= 180.79

[wench]

On the GBPJPY chart for today the price appears to move in upward trend as a blue dots appear below the bars and as the price still higher than the strong resistance of 180.6033 which is also the weekly pivot point and it is likely for the price to keep going north unless it hit the weekly pivot resistance at 184.1933 On the other hand if the price breaks the 180.6033 support and also get a bearish signals by a red colored dots it is expected to keep going south till the 179.0267 support as the next weekly pivot level.
.

[ducd3vaizo]

Daily Forecast

Pair: GBPJPY
Major Trend: Bullish
Time Frame: H4
Reason: The possibility of a correction in the price will still be the pivot point is at 184.21, before resuming the bullish trend. RSI is still inclined to return to the overbought area again. Price still in the area over the Bollinger bands. Prices are still able to continue to Weekly Resistance 1 in 186.25
Recommendation: Buy with a target of 185.78