Gbp/Jpy

[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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[halloiasan]

By analyzing the GBPJPY we can but a bullish 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 red bar appears below the level of 0 and it is considered a good sell 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

[achyut]

Weekly forecast: GBPJPY 13-17 Oct. 2014

Technical analysis for weekly forecast for GBPJPY 13-17 Oct. 2014. In weekly chart GBPJPY shows bearish trend. At present GBPJPY below the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support level is 167.731.

Pivot: 173.738

Resistance levels

R1 174.736
R2 176.406
R3 177.404
R4 178.403

Support levels

S1 172.068
S2 171.070
S3 169.400
S4 167.731

[Gamabunta]

I think that this is a good opportunity to open a sell deal with take profit at 172.71. I advise you to get in a short position.

[ng1985]

pair- gbp/jpy
analysis time frame- h1



the price is break the support at 173.50 level and moved to the 172.70 level. the rsi indicator is showing oversold as moving below the 30 level. the price is making a group of doji pattern so up movement can expected. long with take profit at 174.00 and stop loss at 172.30
good luck

[edmar6969]

Trading Signal - 10/10/2014 - 10:00 (GMT +3)
Instrument: GBPJPY
Time :60min CHART
Trend & Condition : Downwards Weak
The market is testing resistance at 174.10. We are waiting to see reversal signals in order to reinstate SHORT positions, or alternatively the downward break of the 173.50 support level. Next important resistance the 174.10
level.
Support & Resistances :
173.50 174.10
173.20 174.10
172.90 175.00

[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 177.4867 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 173.6167 On the other hand if the price breaks the 177.4867 resistance and also get a bullish signals by a blue colored dots it is expected to keep going north till the 179.7533 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 174.95 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 above the candle sticks meaning the price would be heading down for quite some time.
If we are to be taking selling trades as the main trades then the support 173.55 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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[halloiasan]

By analyzing the GBPJPY we can but a bullish 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 red bar appears below the level of 0 and it is considered a good sell signal Also the stostatic indicator shows nuy 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

[troykilson]

On the GBPJPY hourly chart we can see that a strong bearish trend is happening as the Blade oscillator is now at the 0.192 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 173.8 could be a good place to set any sell position's stop loss level at.