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Naomi293

Weekly Predictions (Feb 18 - 22)

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British Pound / Japanese Yen (FX:GBPJPY)  
Naomi293 Updated   
FX:GBPJPY   British Pound / Japanese Yen
Support and Resistance Oscillators Moving Averages forecast predictions GBPJPY dailychart 4hrchart hourlychart
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supportandresistance oscillator movingaverage forecast predictions gbpjpy dailychart 4hrchart hourlychart
- Price broke briefly below EMA (25, close) and returned above, the following candlestick
- Price neither overbought nor oversold
Comment:
4-hr chart

snapshot
- Price neither overbought nor oversold
- Broke above EMA (25, close)
- Wait for retest at EMA (25, close) and bullish candlestick to indicate LONG
Comment:
1-hr chart

snapshot
- Price overbought on Stochastic Oscillator and almost overbought on RSI
Comment:
Since price is not consolidating EMA STRATEGY would be useful this week, unless price action changes
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