Thread: Gbp/Jpy
Trading Signal - 19/06/2015 - 10:00 (GMT +3)
Instrument: GBPJPY
Time - 60min CHART
Trend & Condition - Upwards Weak
A Medium probability, entry signal to go LONG was given at 195.40 after the market found support at 194.30. Only the
downward break of 194.30 would cancel the bullish scenario and take us SHORT.
Support & Resistances -
194.46 196.00
193.63 196.70
192.50 198.22
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The price of the GBPJPY pair yesterday at 192.35 to give us a new positive closings and maintains the stability around 193.10 as is evident drawing facility, we are waiting for the formation of the price of new emerging to prompt to get rid of which side control and the dominant since trading this morning and then to achieve our awaited target at 194.15 to constitute a momentary obstacle before trying the price reaches the resistance of the main and almost around 196.75.
It succeeded price pair to form a strong upside wave to be liberated from the side control and note his arrival to the level of 195.75, surpassing the first target previously expected level, currently the price is influenced by some negative provided by the Stochastic given to try to free him from the saturation level of purchase to try to price it assembling a new positive momentum for the coming period.
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He made a pair price side closures repeated on the level of 192.00 influenced consistently stable resistance level around 192.30 to constitute a major impediment to Astiav price for his tendency rookie, so the bullish scenario will depend mainly on the success of the price to penetrate the current resistance and then rushes the pair to contact the main target at 194.10.
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Spoiler:
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: the opening of the market today, the market can not penetrate the Fibonacci 100, but make continued bullish trend. Predicted would lead to 192.41
Recommendation: Buy
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Resistance 2 = 171.07
Resistance 1 = 170.83
Pivot Point = 170.45
Support 1 = 170.07
Support 2 = 169.83
Support 3 = 169.45
I hope these daily calculation can be used to help your forex trading
use it wisely and hopefully useful.
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.
bhai gbp/jpy last week kafi gira bhi tha, aur fir uske baad kafi kafi jayda uper bhi gaya, ye pair par strong trend buy ka hai, ismein bahut hi acha mauka rahta hai badiya pips lene ka, acha pips is par mil jate hai bhai.
Sabka Malik Ek
Spammers Hate Me
The price of the pair continued to make a positive closings above 190.00 to continue the formation of positive waves in line with the rising expectation for the last period, the continuation of positive pressure may be the price of the first goal and exceeded the goal at 192.30 to await the arrival of the main objective and based at 194.10.
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.
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: The highest point is now predicted to be at 192.88 until closing later. It is powered from Fibonacci and stochastic are pointing upwards.
Recommendation: Buy
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.
SMA trying to protect along the previously mentioned support to assure us stuck to price control in line with the positive and try to provide for the determination of stochastic positive Bagturabh level of 80.
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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