Thread: Gbp/Jpy
http://prntscr.com/3uevxg
analysis for today 6 / 19 / 2014
GBP/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 173.43
Retracement (50%) 173.33
retracement (61,8%) 173.22
Extensions (61.8%) 174.32
Extensions (100.0%) 174.66
Extensions (138.2%) 175.00
Extensions (161.8%) 175.21
calculation based on a Fibonacci retracement then today I choose buy
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
pair- gbp/jpy
chart analysis time frame- h1
the price is moving in up trend direction with the support at 173.00 and move to the resistance at 173.66 level. the rsi indicator is showing overbought. short at the 173.40 level with take profit at 172.50 and stop loss at the 173.90
good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Trading Signal - 19/06/2014 - 10:00 GMT +3
Instrument: GBPJPY
60min CHART
Upwards Strong
A Medium probability, entry signal to go LONG will be given with the upward break of 173.30 after the
market found support at 173.00. Only the downward break of 173.00 would cancel the bullish scenario.
Support & Resistances
173.00 173.80
172.70 175.40
172.40 175.50
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
http://prntscr.com/3uby7k
analysis for today 6 / 19 / 2014
GBP/JPY
Resistance : R1 173.74 R2 173.99 R3 174.19 R4 174.49
Support : S1 172.56 S2 172.31 S3 172.11 S4 171.81
Open : 173.18
High : 173.31
Low : 172.99
Range : .32 Pips
Running Price : 173.22
Strategy : BUY at the level 173.22 stop loss at the level 172.56 target take profit at the level 174.19 or at the level 174.49
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
http://prntscr.com/3u92ox
analysis for today 6 / 19 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 6 / 18 / 2014
OPEN 173.24
HIGH 173.77
LOW 172.88
CLOSED 173.17
The third resistance (R3) 173.77 - ( 173.27 - 172.88 = 0.39 x 2 = 0.79 )= 174.56
The second Resistance (R2) 173.27 + 173.77 - 172.88 = 174.16
First resistance (R1) 173.27 x 2 = 346.55 - 172.88 = 173.67
pivot points 173.77 + 172.88 + 173.17 = 519.82 / 3 = 173.27
Support for the first (S1) 173.27 x 2 = 346.55 - 173.77 = 172.78
Support second (S2) 173.27 - ( 173.77 - 172.88 = 0.89 ) = 172.38
Third Support (S3) 172.88 - ( 173.77 - 173.27 = 0.50 x 2 = 0.99 )= 171.89
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
pair- gbp/jpy
chart analysis time frame- h1
the supporting trend line has been break at the pivot point 173.16 level. the rsi is also near to the level 30 and up movement can expected. if this is move agove the 173.35 then make long entry with take profit at 174.00 and stop loss at 172.80
good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
http://prntscr.com/3u2ifs
analysis for today 6 / 18 / 2014
GBP/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 173.19
Retracement (50%) 173.12
retracement (61,8%) 173.05
Extensions (61.8%) 173.79
Extensions (100.0%) 174.02
Extensions (138.2%) 174.25
Extensions (161.8%) 174.39
calculation based on a Fibonacci retracement then today I choose buy
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
After rising more than 50 pips on GBP news earlier, GBPJPY will likely go down some more, it looks from the Moving Average indicator that has a cross and would cut great indicator moving average, is likely to fall to the level of 172.55 or can be lower than that .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
http://prntscr.com/3tzgxs
analysis for today 6 / 18 / 2014
GBP/JPY
Resistance : R1 173.83 R2 174.08 R3 174.28 R4 174.58
Support : S1 173.02 S2 172.77 S3 172.57 S4 172.27
Open : 173.25
High : 173.77
Low : 173.08
Range : 69 Pips
Running Price : 173.24
Strategy : BUY at the level 173.24 stop loss at the level 173.02 target take profit at the level 174.28 or at the level 174.58
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
http://prntscr.com/3tx48i
analysis for today 6 / 18 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 6 / 17 / 2014
OPEN 172.91
HIGH 173.42
LOW 172.82
CLOSED 173.25
The third resistance (R3) 173.42 - ( 173.16 - 172.82 = 0.34 x 2 = 0.69 )= 174.11
The second Resistance (R2) 173.16 + 173.42 - 172.82 = 173.76
First resistance (R1) 173.16 x 2 = 346.33 - 172.82 = 173.51
pivot points 173.42 + 172.82 + 173.25 = 519.49 / 3 = 173.16
Support for the first (S1) 173.16 x 2 = 346.33 - 173.42 = 172.91
Support second (S2) 173.16 - ( 173.42 - 172.82 = 0.60 ) = 172.56
Third Support (S3) 172.82 - ( 173.42 - 173.16 = 0.26 x 2 = 0.51 )= 172.31
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
There are currently users online. members and guests
Threads:
Posts:
Member:
Thanks
Subscribe
Currently Active Users
