Gbp/jpy technical analysis for 24.10.2012 by using : Auto pivot indicator.
resistance 3:129.34
resistance 2:128.77
resistance 1:128.09
pivot point :127.52
support 1:126.83
support 2:126.26
support 3:125.58
Gbp/jpy technical analysis for 24.10.2012 by using : Auto pivot indicator.
resistance 3:129.34
resistance 2:128.77
resistance 1:128.09
pivot point :127.52
support 1:126.83
support 2:126.26
support 3:125.58
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.
Elliott: common flat correction up 128.19
While above 127.17 - 126.83 zone a corrective dip could test 127.51 or 128.07.
Warning: Harami
Technical points
Key point 127.2600
Entry point 127.1700
Elliott 126.7100
Closing 127.3900
Projection 128.1900
Trendline 126.9600
Trendline 127.2000
Supports / Resistances
Res 2 128.7500
Ex-High 128.1900
Res 1 128.0700
Pivot 127.5100
Sup 1 126.8300
Ex-Low 126.9600
Sup 2 126.2800
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 by using : average directional movement index
adx : 26.5705
+di : 10.9288
-di : 20.5536
timeframe : 1 hour
time : 2000
date : 23.10.2012
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 trading range for today is among the key support at 125.70 and the key resistance at 130.35
The short term trend is to the downside target at 112.00 intact 150.00
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.
After mortagage report this pair fallen below .60 level and now trade at 1.5942 mark.If it could break 1.5930 the 7 week low there may a dorr to see 1.57 and 1.54 mark.On the flip side 1.6010 and 1.6068 is possible.
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.
Yesterdays trading the EUR/USD pair was trading within the price range and failed to develop the uptrend which was registered on Monday. The situation may result into completion of inner wave structure of supposed wave b, in this case the price can fall against the euro. At the same time we also should take into...
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.
In this pair, as long as the level of Support at 127.70 is not broken, the movement is still expected to lead to rising bearish forecasts.
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.
23/10/2012 GBP/JPY Full Detailed ForeCast
Pivot point (level of invalidation): 127.5
Our preference: Long positions above 127.5 with 128.2 and 128.6 target extension.
Alternative scenario: Below 127.5 we expect further downside with 127.1 and 126.65 of the target.
Technical Comments: Although it is conceivable a continuation of consolidation, its extension should be limited.
---------- Post added at 12:27 PM ---------- Previous post was at 11:25 AM ----------
FOREX-Euro falls, yen weak on BOJ easing expectations
Euro falls to 1-week low versus dollar
* Spain yields rise as Moody's down****es 5 regions
* Yen hovers near 3-month low versus dollar
* Canadian dollar falls to 2-1/2 month low before BoC
By Jessica Mortimer
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.
Elliott: elongated flat correction up 129.00
Current rise seems to be over near 128.12 or 128.59 for a retracement towards 127.65 - 127.37 area.
Warning: Engulfing pattern
Technical points
Key point 128.6300
Entry point 127.6700
Elliott 126.7100
Closing 128.0400
Projection 129.1800
Trendline 127.3000
Trendline 127.3000
Supports / Resistances
Res 2 129.1300
Ex-High 128.1900
Res 1 128.5900
Pivot 127.6500
Sup 1 127.1000
Ex-Low 126.7100
Sup 2 126.1600
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 short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 125.70 and key resistance at 130.35. Based upon my chart analysis, I prefer to buying the pair above 127.80 with targets 128.40, 129.05 then 129.75 and stoploss with four hour candle closing below 126.85.
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.
There are currently users online. members and guests
Threads:
Posts:
Member: