Thread: Gbp/Jpy
yes the try currently has at highest position and then we may see downside of try when once the japan economy rises and it's undoubtedly thus now we have out to wait and figure out and forex concerns creating profits on movement of pairsOriginally Posted by rakesh
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I see the pair will go to down way to 148.09
macd refers that the pair will go down
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Pair : USDJPY
Updated : Sat, April 27 20:00
Price : 98.00
Movement : -124.6 Pips
Movement : -1.26%
Support : 96.47
Pivot : 98.32
Resistance : 100.17
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rebound of around 154 will drop it to 148 and then 143
When you keep the 147 area it go up to new areas
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we can see in the 1d chart
the pair trading down the 23.6
I see the pair will go to down way to 148.09
macd refers that the pair will go down
so our target sell from 152.04 and our target will 390pips
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.
buy stop at 152.78 and sell stop price at a lower price is in the form at 151.78, stop order pending
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elliott elongated flat corrction up 154.10 up trend is still intact in a triangle configuration it should continue to rally to 153.95 or 154.17 if support around 152.80 hold after which a pullback to 152.80 - 152.32 zone is possible
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when we look at market movements GBPJPY, if the candlestick closing as shown in the figure below. then the next move will be down, as it has formed a bearish engulfing reversal candlestick pattern.
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gbp/jpy pivot levels by using fibonacci pivot indicator.
r3: 155.16
r2: 154.25
r1: 153.70
pivot : 152.79
s1: 151.89
s2: 151.33
s3: 150.43
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.
we can see in the 4h chart
the pair trading down the 23.6
I see the pair will go to down way to 150.58
rsi refers that the pair will go down
so our target sell from 152.05 and our target will 140pips
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.
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