SubscribeDaily analysis for GBPJPY, irregular flat correction up 169.92 new daily low close to first daily support 168.52
Elliott 165.87
Closing 169.13
Ex-Low 168.68
Ex-High 170.06
Support 1 168.53
Support 2 167.92
Resistance 1 169.901
Resistance 2 170.687
Thread: Gbp/Jpy
Daily analysis for GBPJPY, irregular flat correction up 169.92 new daily low close to first daily support 168.52
Elliott 165.87
Closing 169.13
Ex-Low 168.68
Ex-High 170.06
Support 1 168.53
Support 2 167.92
Resistance 1 169.901
Resistance 2 170.687
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The pair GBP / JPY wave clearly directed to the north side and now I think that shopping, you need to wait outside the consolidation trend lines or support level, as the Japanese currency is now a trend that can be traded with a pair of her participation ...
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Analysis for today11/12/2013
Resistance4: 170.41
Resistance3: 169.93
Resistance2: 169.40
Resistance1: 168.88
Pivot Point: 168.32
Support 1: 167.81
Support 2: 167.35
Support 3: 166.90
Support4: 166.33
Good luck
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Currency pair GBP / JPY crossed MA 21; currently trying to break the MA 70 ,pointing to the possible movement of the pair down. Today expect the downward movement of the pair. Reduction goal for today considering the level of 168.00,167.70
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the pair price already touched daily resistance 1 level 168.60
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 167.60
so sell now from 168.24
the pivot point will be my target
stop loss will be above the resistance 1 level 168.60
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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.
Support and resistance today
R3: 169.99
R2: 169.46
R1: 168.98
Pp: 168.38
S1: 167.89
S2: 167.68
S3: 167.12
sell from: 168.44
target1: 167.89
Stop loss: 168l91
Good luck for all
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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.
Date: 11-12-2013
Time frame: 1h
High and low prices
High today is: 169.33
Low today is: 168.65
Total pips today: 68
So sell from: 168.76
Our target 1 is: 168.12
Our target 2 is: 167.51
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.
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.
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