Thread: Gbp/Jpy
As you might expect, try to create a news business unharness strong today on the rights of the pessimists... and support, according to the stone broke. The March today, believe, however, that to manage approaching, more low and therefore is an important provision can occur immediately. 128 129 Rooms get long time next week
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Gbp/jpy analysis for 06.11.2013 by using pivot indicator.
r3: 157.05
r2: 155.69
r1: 154.66
pivot: 153.20
s1: 152.27
s2: 150.81
s3: 149.88
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i am going to buy this pair right now @ 153.09
my stop loss of the day @ 152.77
half take profit @ 153.43
and half @ 153.84
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time frame- M15
price is moving above the pivot point at the 153.20. it is also moving in the channel pattern having the resistance at the 154.10 and support at the 153.35. now rsi indicator is also moving up side that may be break the resistance. we can long this pair with the take profit at 154.50
good luck
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we can see in the 1w chart
the pair can close up the up trend line
i see the pair will go to up way to 155.71
stochastic refers that the pair will go up
so our target buy from 153.71 and our target will 200pips
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GBPJPY price for menerukan also bullish on the currency pair like the other xxjpy, my recommendation because the price has passed the RI (153.59) then for the next target R II (154.49). and if the level of R II also succeeded in penetrating you can put a sell limit at R III (156.95)
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we can see in the 1h chart
I see the pair will go to down way to 152.56
stochastic refers that the pair will go down
so our target sell from 153.56 and our target will 100pips
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today i like to sell this pair @ 152.60 to 152.90 range
my stop loss of the day @ 153.11
half take profit @ 152.37
and half @ 152.12
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Gbp/jpy technical analysis
date : 06.10.2013
time : 03:15 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 53.76
2) MACD (26,12,9)
value: -0.1553
3) ADX (14)
value: 13.13
4)CCI(14)
value: -21.61
overall trend - slightly bearish.
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Gbp/jpy analysis for 06.10.2013 by using pivot indicator.
r3: 156.91
r2: 154.45
r1: 153.07
pivot: 150.61
s1: 149.23
s2: 146.77
s3: 145.39
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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