SubscribeGbp/jpy analysis :
date : 09.17.13
time : 12:45 GMT
time frame : 15 min
current rate : 157.64
high : 158.18
low : 157.39
net change : 0.11%
overall trend : slightly bullish.
Thread: Gbp/Jpy
Gbp/jpy analysis :
date : 09.17.13
time : 12:45 GMT
time frame : 15 min
current rate : 157.64
high : 158.18
low : 157.39
net change : 0.11%
overall trend : slightly bullish.
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GBP JPY remains stable around 157.80 without providing any change in the main bullish trend due to the stability of 156.80 as a support level for the trading; therefore we are waiting for gaining the previously required momentum to achieve 159.40 in the upcoming period.
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GBP/JPY intraday: BULLISH trend prevails.
Pivot@ 157.15
My choice: Open BUY positions higher than 157.15 with targets at 158.3 and 158.55 in extension.
Alternate choice conditions: Under 157.15 start looking for further down-side with 156.65 and 156.05 as targets.
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GBP/JPY pair is now down trend. The price already breakout daily pivot point (157.587). I think the price may touch Fibonacci 0.0 level and lower trend.
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My daily trading,I hope the day is a success ...
GBP/JPY (Daily Trade)
Open : 157.45
Resistance : 157.93 158.13 158.43
Support : 156.91 156.71 156.41
High / Low : 158.13 / 157.39
Range : 74 pips
Running Price : 157.57
for intraday trade today suggest buy at the level 157.57, stop loss at the level 156.91, target take profit at the level 158.43
===GOOD LUCK===
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gbp/jpy
if we see the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 15.25
+di : 21.14
-di : 12.63
adx(14) level
adx : 28.72
+di : 23.64
-di : 10.05
so we can decide that the market trand is : up
timeframe : 1 hour
time : 0700 gmt
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GBP/JPY has now climbed past the resistance level to attempt, if it breaks then the chance for the couple to get to the level of 158.35 but if it fails, it is likely the pair will go back down to the pivot level 157.43.
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.
gbp/jpy
if we see the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 14.82
+di : 19.16
-di : 13.11
adx(14) level
adx : 26.56
+di : 24.37
-di : 7.23
so we can decide that the market trand is : up
timeframe : 1 hour
time : 0300 gmt
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.
Gbp/jpy analysis :
date : 09.17.13
time : 03:30 GMT
time frame : 15 min
current rate : 157.79
high : 157.94
low : 157.39
net change : 0.20%
overall trend : strongly bullish.
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.
GBPJPY, prices yesterday traded sideways. whether prices will continue to trend day yesterday? current prices rose past resistance level to attempt, if it breaks then the chance for the pair to continue strengthening heading to the 158.34 level, because it is above the indicator. but if it fails, it is likely the pair will go back down to the pivot level.Spoiler:
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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