Gbp/Jpy

[ANDRIAS]

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analysis for today 10 / 14 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 10 / 13 / 2014
OPEN 172.88
HIGH 173.02
LOW 171.74
CLOSED 171.85

The third resistance (R3) 173.02 - ( 172.20 - 171.74 = 0.46 x 2 = 0.93 )= 173.95
The second Resistance (R2) 172.20 + 173.02 - 171.74 = 173.48
First resistance (R1) 172.20 x 2 = 344.41 - 171.74 = 172.67
pivot points 173.02 + 171.74 + 171.85 = 516.61 / 3 = 172.20
Support for the first (S1) 172.20 x 2 = 344.41 - 173.02 = 171.39
Support second (S2) 172.20 - ( 173.02 - 171.74 = 1.28 ) = 170.92
Third Support (S3) 171.74 - ( 173.02 - 172.20 = 0.82 x 2 = 1.63 )= 170.11

[ali90]

After taking a quick look on the chart of GBPJPY first thing you have a good sell 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 172.45 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

[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 174.7267 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 172.0067 On the other hand if the price breaks the 174.7267 resistance and also get a bullish signals by a blue colored dots it is expected to keep going north till the 176.4333 resistance as the next weekly pivot level.
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[aliali1]

Monitoring the GBPJPY chart today I realized that a bearish trend is taking place and that�s because of the red arrow shown on the chart also the price 175.05 which is considered a top is a matter of fact the strong resistance preventing the price from penetrating it and heading above it and that is of course if the trend kept heading strongly in the bearish direction.
The parabolic sar dots however is currently appearing below the candle sticks meaning the price would be heading up for quite some time.
If we are to be taking selling trades as the main trades then the support 171.65 would be the best as initial taking profit position and also there is a great chance for the price to head north after reaching it.
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[clark]

for the GBPJPY pair the price now lower than the EMA line of 15.
Which can be a good sign for bearish trend for the current day.
The power line indicator is now below the 50 th level which can be an indication for a good downward direction of the signal.
At last one thing can be added is the power momentum indicator that shows a low power of the bearish trend and that can be used as a filter to filter the entry of sell positions.
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[mary]

On the chart of the USDCHF there is a main down trend signal as the 2 EMA 5 and 6 are moving below the slow EMA of 35 and if the other indicators confirm a bearish direction then i will go for sell positions.
For the Parabolic sar indicator there a dot below the candles that indicates a upward direction in addition to that we can see a sell signal on the MACD indicator that is moving below the level 0 beside that the CCI line is located at the Higher level to perform a upward signal.
As a conclusion and according to the EMA locations sell positions are my choice for today unless the price shows an opposite bullish signals.
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[troykilson]

On the GBPJPY hourly chart we can see that a strong bearish trend is happening as the Blade oscillator is now at the 0.136 area below the level of balance and also the indicator is colored in red that is a strong indication of bearish direction on the short term. Another sell signal is shown on the moving average indicator as it is heading downward to let me think that the last top performed at 172.26 could be a good place to set any sell position's stop loss level at.

[halloiasan]

By analyzing the GBPJPY we can but a bearish chanel to limit the movement of the market inti two trend lines The price is moving at the lower edge of the donchin channel so you may think about buying as long as there is no opposite signs appear on the Awesome oscillator The Awesome oscillator has a green bar appears below the level of 0 and it is considered a good buyu signal Also the stostatic indicator shows sell signal by showing down intersection between the two lines near the 20 th level Till this moment bullish trend is the choise and also buying targeting the upper edge of the donchin channel is not a bad idea at all

[hatrik]

As you can see on the GBPJPY chart in front of us the blue line�s position in the moment indicator is below the red line which means a good selling 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 red colors shown on the arrows meaning that a downward 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 downward direction but that can only happen if the moment sell cross was taking place on the chart And as long as the ATR indicator keeps showing selling signals then without doubt the sell trades would be a better choice for entry.
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[RaKalan]

The price of the pair managed to break the axis of the EMA 50 and as long as that form an obstacle to the bearish trades at a price of about 173.60, note currently the price reaches the level of 172.60 confirms that his attempts to get negative about support