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hi;;;
the pair trading down the
I see the pair will go to down way to 147.84
so our target sell from 152.87 and our target will 500pips
Good luck
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Hi,,
in the chart 1h we can see the pair will go to down way in the future
I see the pair will go to 152.03
I expect from this analyze that the price will go to down way
RSI refer to the pair will go to down also...
so sell from 153.28 to 152.03
good luck
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 intraday: under pressure.
Pivot@ 154.6
My choice: Open SELL positions under 154.6 with targets @ 152.7 & 152.3 in extension.
Alternate choice conditions: Over 154.6 take a look for further up-side with 155.15 & 155.65 as targets.
Opinion: the pair has hit against its resistance and stays under pressure as the RSI is reversing down.
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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.
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 pair currently now in a downtrend regained some lost ground, while in the short term, I think you can sell a couple of calculation in the fact that at least today, which, in essence, is support for the pair is broken and the pair will continue to decline, the purchase of this pair do not consider//
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Gbp/jpy technical analysis
date : 05.24.2013
time : 05:00 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 38.55
2) MACD (26,12,9)
value: 0.2559
3) ADX (14)
value: 32.87
4)CCI(14)
value: -121.78
overall treand - strongly bearish.
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today i like to buy this pair @ 152.70
my stop loss of the day @ 152.40
half take profit @ 153.10
and half @ 153.46
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Pivot levels today:
R3: 159.63
R2: 157.61
R1: 155.80
PP: 153.81
S1: 152.03
S2: 150.00
S3: 148.23.
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 150.00
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Gbp/jpy analysis for 05.24.2013 by using pivot indicator.
r3: 159.60
r2: 157.57
r1: 155.80
pivot: 153.77
s1: 152.00
s2: 149.97
s3: 148.20
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