Gbp/Jpy

[nininini]

On the GBPJPY hourly chart we can see a bullish channel also we can see the yellow color of the Moving average indicator that means that the price is moving up for the current time.
The market started today at a higher levels than the daily pivot point at 171.38 and due to the data we mentioned before the price may continue to go up till it hits the first daily pivot resistance which located at 171.99 also if the WPR indicator does not show an opposite downward signals.
If we reach our target we can keep buying till the 172.61 resistance that is very strong resistance level to reach till the end of the day.

[alii.hassan]

the up blue arrow located below the price determines that a bullish trend is taking place at the moment on the GBPJPY pair also the buy cross taking place between the snake and T3_clean verifies it even more the resistance 173.6 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 up then the price will keep buying On the other hand a strong stop loss level could be initiated at the support of the price 170.45 I think buying would be the wisest decision at the moment unless another opposite sell signal is formed or if a red down arrow appears .

[Ramzy.hassan]

On the GBPJPY today after drawing a bottom using the zigzag indicator there is a good chance for price to be heading up in the upcoming hours The price currently is a having a hard time moving upward and that�s because of its position which is currently near the up edge of the Donchin band Once the price crosses the resistance level 172.75 which is represented by red dots on the chart a upward direction is likely to take place.
Waiting for the SMA indicators to cross and give us a buy cross would be a wise choice to increase the chances for a better entry for a buy trade But if the price headed for the opposite direction which is downward at the moment then without doubt 172.15 would be the best support level now .

[ANDRIAS]

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analysis for today 10 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 10 / 17 / 2014
OPEN 171.07
HIGH 172.06
LOW 170.20
CLOSED 172.02

The third resistance (R3) 172.06 - ( 171.43 - 170.20 = 1.23 x 2 = 2.45 )= 174.51
The second Resistance (R2) 171.43 + 172.06 - 170.20 = 173.29
First resistance (R1) 171.43 x 2 = 342.85 - 170.20 = 172.65
pivot points 172.06 + 170.20 + 172.02 = 514.28 / 3 = 171.43
Support for the first (S1) 171.43 x 2 = 342.85 - 172.06 = 170.79
Support second (S2) 171.43 - ( 172.06 - 170.20 = 1.86 ) = 169.57
Third Support (S3) 170.20 - ( 172.06 - 171.43 = 0.63 x 2 = 1.27 )= 168.93

[alili]

When trying to analyze the NZDUSD pair I can first find a Yellow and orange point below the price level which make me consider a up trend for today Another buy signal is on the TMA indicator by seeing the price at the green level which mean that it may rise till reach the red line which is a moving resistance On the timing indicator you can see a buy signal as the line is green colored as almost near level of 70 In my own side I'll buy the pair targeting the red resistance of TMA indicator just when I get a good buy signal on timing indicator

[heboo]

The NZDUSD analysis for today that I performed shows that the price will be taking a bearish direction and that�s because the golden tendency string shows a yellow color above the price level The orange dot located above the blue candle of the golden signal K proves that a strong sell signal will be taking place now.
As for the MACD indicator which has a bullish intersection below the 0.
0 line which is considered a good buy signal A bearish trend will be having a high chance to be taking place because of the 4down signals that took place in the golden varitey indicator.
So I recommend that the level 0.79 will be our next take profit because this level is strongest level to be considered at the moment.

[hmmo]

According to the vestro indicator for the NZDUSD pair it indicates a bullish saturation on its last move then I will use it to predict a bearish direction for now On the chart the price is located quite ABOVE the BLUE level which is the BALANCED level And according to the bearish trend that I assumed before we can enter a sell positions targeting the next support 0.7953 and then you can use level 0.7975 as your next target But clearly opposite signals on the vestor or if the price breaks the 0.7882 level you should start thinking about a bullish trend .

[samoo]

In the NZDUSD chart in front of us we can see that there is a bearish cross between the EMAs 9 and 152 which shows that the price may take a south direction for the next few hours By monitoring the Histogram indicator we get to see the line formed to be Green like the last signal to make for the pair a bullish signal by becoming above the 0 leveled histogram As for the emotion indicator we can find another red line to be shown which proves to be a good signal for start of the fall for even lower prices for the NZDUSD The slope is also moving below the level of 0 at Guru Indicator and showing a red color is to show that the price is taking a bearish direction at the moment Clearly as you can see there is a big chance for the price to go south and actually hit the next support at level 0.7865 so I recommend as long as the indicator keep showing the same signals to sell

[ali90]

After taking a quick look on the chart of GBPJPY first thing you have a good buy signal on the Henkin Ashi and up arrow on the chart In the same time a buy signal occurs on the trend session indicator by showing a blue bar at the last candle In additional to a buy cross taking a place on the trend following indicators Snake and T3-Clean which may be a good signal to open a buy possitions at any good place If you decided to buy you should keep an eye on the level 172.79 as the price bounced from it the last time then you can consider it asa your first resistance to close your order once hitting it

[troykilson]

On the GBPJPY hourly chart we can see that a week bullish trend is happening as the Blade oscillator is now at the 0.394 area above the level of balance and also the indicator is colored in blue that is a week indication of bullish direction on the short term. Another buy signal is shown on the moving average indicator as it is heading upward to let me think that the last bottom performed at 172.24 could be a good place to set any buy position's stop loss level at.