Gbp/Jpy

[BURHANFX]

http://prntscr.com/3tq3p1
analysis for today 6 / 17 / 2014
GBP/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 173.03
Retracement (50%) 172.97
retracement (61,8%) 172.90

Extensions (61.8%) 173.56
Extensions (100.0%) 173.76
Extensions (138.2%) 173.96
Extensions (161.8%) 174.09
calculation based on a Fibonacci retracement then today I choose buy

[ng1985]

pair- gbp/jpy
chart analysis time frame- h1



the price up movement is now moving in side way or in a channel pattern with having the support at 172.65 and the resistance at 173.20 level. if this is break the resistance then it up movment continue expected to the higher resistance at 173.50. long with stop loss at 172.50
good luck

[Emi]

http://prntscr.com/3tlfp1
analysis for today 6 / 17 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 6 / 16 / 2014
OPEN 173.09
HIGH 173.23
LOW 172.70
CLOSED 172.91

The third resistance (R3) 173.23 - ( 172.95 - 172.70 = 0.25 x 2 = 0.49 )= 173.72
The second Resistance (R2) 172.95 + 173.23 - 172.70 = 173.48
First resistance (R1) 172.95 x 2 = 345.89 - 172.70 = 173.19
pivot points 173.23 + 172.70 + 172.91 = 518.84 / 3 = 172.95
Support for the first (S1) 172.95 x 2 = 345.89 - 173.23 = 172.66
Support second (S2) 172.95 - ( 173.23 - 172.70 = 0.53 ) = 172.42
Third Support (S3) 172.70 - ( 173.23 - 172.95 = 0.28 x 2 = 0.57 )= 172.13

[ng1985]

pair- gbp/jpy
chart analysis time frame- h1



the price is continue up side with breaking the resistance at 172.50 level and moved to the 173.20. this is rejecting and price may falling as correction. if the break 173.25 then make long entry with profit target at 173.90 and stop loss at the 172.50
good luck

[BURHANFX]

http://prntscr.com/3tefii
analysis for today 6 / 16 / 2014
GBP/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 172.87
Retracement (50%) 172.73
retracement (61,8%) 172.58

Extensions (61.8%) 174.10
Extensions (100.0%) 174.57
Extensions (138.2%) 175.04
Extensions (161.8%) 175.33
calculation based on a Fibonacci retracement then today I choose buy

[KAUL]

http://prntscr.com/3tazxw
analysis for today 6 / 16 / 2014

GBP/JPY

Resistance : R1 173.47 R2 173.72 R3 173.92 R4 174.22
Support : S1 172.50 S2 172.25 S3 172.05 S4 171.75

Open : 173.16
High : 173.25
Low : 172.72
Range : 53 Pips
Running Price : 172.97

Strategy : BUY at the level 172.97 stop loss at the level 172.50 target take profit at the level 173.92 or at the level 174.22

[Emi]

http://prntscr.com/3snd2n
analysis for today 6 / 16 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPJPY on the date 6 / 13 / 2014
OPEN 172.13
HIGH 173.34
LOW 172.11
CLOSED 173.06

The third resistance (R3) 173.34 - ( 172.84 - 172.11 = 0.73 x 2 = 1.45 )= 174.79
The second Resistance (R2) 172.84 + 173.34 - 172.11 = 174.07
First resistance (R1) 172.84 x 2 = 345.67 - 172.11 = 173.56
pivot points 173.34 + 172.11 + 173.06 = 518.51 / 3 = 172.84
Support for the first (S1) 172.84 x 2 = 345.67 - 173.34 = 172.33
Support second (S2) 172.84 - ( 173.34 - 172.11 = 1.23 ) = 171.61
Third Support (S3) 172.11 - ( 173.34 - 172.84 = 0.50 x 2 = 1.01 )= 171.10

[BURHANFX]

http://prntscr.com/3sf4kg
analysis for today 6 / 13 / 2014
GBP/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 171.77
Retracement (50%) 171.63
retracement (61,8%) 171.48

Extensions (61.8%) 172.98
Extensions (100.0%) 173.44
Extensions (138.2%) 173.90
Extensions (161.8%) 174.19
calculation based on a Fibonacci retracement then today I choose buy

[edmar6969]

Trading Signal - 13/06/2014 -
Instrument: GBPJPY
60min CHART
Upwards Strong
Waiting for a retracement lower towards the 172.10 support level, in order to reinstate LONG positions.
A Medium probability, entry signal to go LONG was given at 171.90 after the market found support at170.60. Only the downward break of 170.60 would cancel the bullish scenario.
Support & Resistances
172.10 173.30
171.80 174.60
171.40 174.80

[Bieela]

After rising more than 100 pips in the morning, GBPJPY 173.19 sideway in the area, most likely for the U.S. session there will be a significant price reversal towards 172.19 or probably lower than that price.