Subscribethis pair as we can see the common trend is down trend and the price deeply down ema50 line. althogh the last week candle formed bullish . should close under the support level at 125.65 to continue falling
Thread: Gbp/Jpy
this pair as we can see the common trend is down trend and the price deeply down ema50 line. althogh the last week candle formed bullish . should close under the support level at 125.65 to continue falling
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If a M15 close above 127 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 125 sell only and do not buy. If price closes back above it again do nothing
The range 127 and 125 is neutral area, any trade done in between is personal decision and not part of this analysis
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 still sideways since US session closed. The pair might continue up to 125.47 if it can't break pivot @124.73.
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If a M15 close above 127 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 124 sell only and do not buy. If price closes back above it again do nothing
The range 127 and 124 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
GBPJPY is still strong just because USDJPY is holding position and make flat on market. If USDJPY go down that will be trigger for sell on gbpjpy below 124.00 and next support will be near 123.00
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Intraday trade is seeing prices slipping below initial support at 125.35 but the sharp upmove seen last session is keeping a bullish tone to this cross with next support seen at 125.07 then 124.38. Buying dips favoured with move above 127.20/32 hurdles needed to set bulls on strong footing.
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This market is well on its way to establishing a major base following the intense rally beyond the 122.50 area
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If a M15 close above 126 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 118 sell only and do not buy. If price closes back above it again do nothing
The range 126 and 118 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
as what i can see in the hourly shart i think the pair want to down the parabolic sar is down so wait for the macd end rsi to give the same signal
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If a M15 close above 127 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 125 sell only and do not buy. If price closes back above it again do nothing
The range 127 and 125 is neutral area, any trade done in between is personal decision and not part of this analysis
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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