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Pivot points
H 4H D W M
R3 154.78 156.83 157.61 157.93 170.12
R2 154.13 155.69 156.86 157.31 161.99
R1 153.76 154.04 156.05 156.91 156.63
PP 153.11 152.90 155.30 156.29 148.50
S1 152.74 151.25 154.49 155.89 143.14
S2 152.09 150.11 153.74 155.27 135.01
S3 151.72 148.46 152.93 154.87 129.65
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i place pending buying order @ 152.70
my stop loss of the day @ 152.40
half take profit @ 153.19
and half @ 153.67
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Pivot levels today:
R3: 157.56
R2: 156.84
R1: 156.00
PP: 155.28
S1: 154.44
S2: 153.71
S3: 152.89
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 152.89.
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.
gbp/jpy technical analysis on 23.05.2013 by using : average directional movement index
adx : 17.9766
+di : 17.7561
-di : 20.7098
time : 0500
timeframe : 1 hour
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Gbp/jpy analysis for 05.23.2013 by using pivot indicator.
r3: 157.53
r2: 156.79
r1: 155.98
pivot: 155.24
s1: 154.43
s2: 153.69
s3: 152.88
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the pair will go up to fibo
I see the pair will go to up way to 156.31
stochastic refers that the pair will go up
so our target buy from 155.31 and our target will 100pips
Good luck
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GBPJPY,H1
Date 2013.05.23
Time 01:00
Open 155.05
High 155.23
Low 155.03
Close 155.12
Volume 326
SMA(5) 155.04
SMA(10) 155.35
SMA(20) 155.33
SMA(50) 155.54
SMA(100) 155.78
SAR 155.84
Indicator window 1
Stoch(5,3,3) 47.0149
Signal 38.5003
Indicator window 2
RSI(14) 45.1838
Indicator window 3
MACD(12,26,9) -0.095
Signal -0.039
Indicator window 4
%R(14) -59.3548
based on combination of indicators above,
trend : NEUTRAL
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The major trend are still on Bullish condition, but the minor trend are indicated the bearish condition. Based The MA 480, price are still play above it, which mean the bullish are still dominant. it can be good confirmed if the price are still abobe the pivot level.
Today SNR :
R3 : 157.57
R2 : 157.05
R1 : 156.15
Pivot level : 155.64
S1 : 155.12
S2 : 154.23
S3 : 154.75
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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