✅GBP_JPY will soon retest a key resistance level of 200.760 So I think that the pair will make a pullback And go down to retest the demand level below at 199.700 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
On Wednesday, GBP/JPY experienced a slight decline, easing to 200.30 but remaining close to multi-decade highs near 200.75. The pair has drifted into bullish territory as markets seem to dismiss potential "Yenterventions" by the Bank of Japan (BoJ), which have yet to be confirmed. Despite speculation about direct intervention in global foreign exchange markets,...
Sell Stop - Bearish Divergence - PZR due to completion of ABCD Pattern
GBPJPY is almost overbought on its 1D technical outlook (RSI = 69.343, MACD = 1.720, ADX = 59.150) and is extending the bullish wave inside the 16 month Channel Up. The overbought technicals shouldn't be a factor for a bearish reversal as long as the 1D MA50 continues to support. We are confident with buying, aiming at the top of the Channel Up (TP = 208.000). ...
GBPJPY - Sell Stop - Bearish Divergence - Rising Wedge
Market Analysis PT2/2 (22nd May 2024) GBPJPY Analysis On the 30 minute timeframe, we have created a very strong support at the 198.272 - 198.363 level, having more than 5 taps along the area and rejecting it. There are 2 scenarios i am looking for. 1) Price breaks above the 198.615 level with a body candle close on the 15 minute. If we do have that, i...
Market Analysis PT2/2 (22nd May 2024) GBPJPY Analysis On the 30 minute timeframe, we have created a very strong support at the 198.272 - 198.363 level, having more than 5 taps along the area and rejecting it. There are 2 scenarios i am looking for. 1) Price breaks above the 198.615 level with a body candle close on the 15 minute. If we do have that, i...
Hello,Traders! GBP-JPY broke the key Horizontal level of 197.42 And the breakout is confirmed So we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
#GBPUSD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPUSD. GBPUSD has breaked the main trend line already getting a good volume here. Here it has maxing chances we can see gain upto 300 Pips+ soon. Keep in touch we will update further soon.
Hello,Traders! GBP-JPY is trading in an Uptrend but the pair is Locally overbought so After it hits the horizontal Resistance level of 197.410 I will be expecting a Further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The GBPJPY is displaying robust movement within a bullish channel. Additionally, a bullish reversal occurred near the lower boundary of the channel, indicating significant support. Given the proximity of this bullish momentum to the upper boundary, which has historically acted as resistance, a reversal is anticipated, potentially leading to a bearish movement in...
The GBP/JPY experienced a notable turnaround at the 200.500 level following reports indicating potential direct intervention by the Bank of Japan (BoJ) in the foreign exchange (FX) markets. This intervention, suspected to have occurred twice within a two-day span earlier this week, aimed to bolster the beleaguered Japanese Yen (JPY). Disclosure reports from the...
#XAUUSD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAUUSD. XAUUSD is breaking the rising Wedge. Almost breakout done. We can see drop here upto 500Pips+ in coming days.Keep in touch we will update further soon.
Hello,Traders! GBP-JPY is about to Retest the rising support And we are locally bullish Biased so we will be Expecting a local move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_JPY is trading in an uptrend Along the rising support line Which makes me bullish biased And the pair is already making A bullish rebound from the support So a further move up is expected With the target of retesting the level above at 192.76 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
#SSVUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about SSV. SSV has breaked the main descending triangle pattern already. Now this is at a strong resistance level. Here we can small retesting. But overall we will get here a good bullish wave. In this move we can see gain upto 50%+ soon.
Hello,Traders! GBP-JPY went up sharply But the pair is locally Oversold so as the pair Is retesting a horizontal Resistance of 192.945 A local bearish correction Is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Next PUMP Coin #ONTUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about ONT ONT is getting a good volume . And already breakout done . We can gain here upto 50%+ in this move.