Thread: Gbp/Jpy
The pair formed a rising channel, trading in it. If the price breaks the high of today expect the pair to the resistance line of the channel. On the rebound from a couple that we sell, and after breaking through on the retest buy a pair. If you fall on the rebound from the support line channels + 38% fibo buy a pair of goals Census maximum. After breaking through the support line of the channel pair to retest sell with the objectives of 61% fibo.
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Gbp/jpy analysis :
date : 09.03.13
time : 06:30 GMT
time frame : 15 min
current rate : 154.82
high : 155.00
low : 154.24
net change : 0.27%
overall trend : slightly bullish.
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Gbp/jpy analysis for 09.03.2013 by using pivot indicator.
r3: 157.907
r2: 156.403
r1: 155.382
pivot: 153.878
s1: 152.857
s2: 151.353
s3: 150.332
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.
My analysist for gbpjpy today, 03 september 2013
this strategy is using open day daily chart. So, my strategy is based on the open daily price.
This strategy is simple, just using dolly graphic. So my strategy is just using pending order.
Buy stop 154.58 tp 154.78 sl 154.18
sell stop 154.18 tp 153.98 sl 154.58
happy trading, may profit always with us
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.
The following data is predicted based on indicators that we use for the currency pair GBP/JPY today, for today's support and resistance levels as follows: (R3=153,64), (R2=153,14), (R1=152,65), (Pivots=152,15), (S1=151,66), (S2=151,16), (S3=150,67)
recommendation:
place your sell stop at 151,95 target profit at 151,75 (Seller zones)
place your buy stop at 152,35 profit target at 152,55 (buyer zone)
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the trading range for today is among the major support @ 128.50 and key of resistance @ 130.20.
The general over short term basis is to the upward targeting 129.80 as far as area of 130.20
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GBP/JPY is strong bullish today. Start with gap up. Go up more than 200 pips. As GU is bullish now I expect GJ will continue its bullish action till 155.xx-156.xx. But
after that we may see very strong bear of more than 1000 pips.
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GBP/JPY pair price already touched daily resistance 3 level (153.579) and upper trend line. Now the pair price is overbought. I think the price may touch Fibo 261.8 level.
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 remained stable above the main support level for the bullish channel around 150.30 which is supported by the moving average 55, moving positively achieving some gains by visiting 153.50, approaching from the initial waited target around 153.80. We remain in our bullish expectation in the upcoming period to achieve the initial target, where breaching it opens the way towards achieving more positivity to reach 157.00 as a main target.
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 : 09.02.13
time : 04:30 GMT
time frame : 15 min
current rate : 153.35
high : 153.56
low : 152.40
net change : 0.31%
overall trend : slightly 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.
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