After a heavy down fall i think that the pair moves have a uptrend and we can make a good buy call here in this session it will reach 147.90
Thread: Gbp/Jpy
After a heavy down fall i think that the pair moves have a uptrend and we can make a good buy call here in this session it will reach 147.90
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Please check on h1 graph now. The bearish rally made a significant corrections mode there and it has been touched fibonacci 61.8. So, the rebounce from this area is a good chance for the bullish take control again and climb up to fibo 23.6 @147.35 or fibo 0.0 @147.83.
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Gbp/jpy analysis for 02.12.2013 by using : pivot indicator.
r3: 150.40
r2: 149.11
r1: 148.37
pivot : 147.08
s1: 146.34
s2: 145.05
s3: 144.31
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yes you are just its arise pile in zing sag assemblage...127.33 target for daylong period traders.
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 gbp jpy have astrong roll over and it will turn back tomorrow and we have a strong buy signal in it with a target of 149
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GBPJPY recovered a bit after falling from today's high which was arround 146.72 market made double top on the high side and just recovering because of jpy move . if GBP lost its strenght than we can see another slide in GBPJPY towards 144.40
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the pair having a resistance at 146.70 and last time price was not able to break this resistance and in the h1 time frame the price is also try to making a bearish engulfing candlestick pattern. we can short this pair if the price is close below the 146.10 and can hold it to the 145.50 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.
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.
sell gbp/jpy at the level 146.80 with targets at 145.60 and 144.50, but in case of breaking the level 147.30, then buy above this level with targets at 148.50 and 149.00
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