Fundamentals:- We have quite a few data announcements out this week which suggest an increase in average hourly earnings, cpi and gdp. After the sell off on the GBP today I would suggest this is just a price correction from Fridays up leg and we should see a further increase on the GBP especially against the weaker currencies such as the JPY. Technicals:- As you...
AUDUSD has retraced to Fibonacci retracement level of 0.382 as previously surmised. i am not expecting the bulls to rally in within the next 10 days (my opinion) Also Stoch RSI is going into oversold territory. Be ready to jump in for a buy if you are not in already See previous analysis PLEASE LIKE, COMMENTS AND FOLLOW FOR MORE
i am expecting the buy this week on the pair. so if you are joining make sure you include your stop loss
The GBP/JPY is currently in a down channel formation in long term charts. It is currently making its bullish journey to its resistive trendline.
check the chart we work hard to win this game contact us for more info
It has reached to 50% retracement on daily chart. And seems to be uptrend in 4H chart.
Conversations about the rate increase by the Bank of England in August put pressure on the GBPJPY pair and push its quotes up. The reason in general is obvious – actual and future growth of the interest rates differential. The Bank of Japan continues to adhere to the ultra-soft monetary policy and does not think to change the course in the foreseeable future. But...
FX:GBPJPY : After huge daily bullish candle last expecting GBPJPY to continue the bullish run through out this week. Today can be bearish candle close but tomorrow it should take off. E: Above 145 SL : 143.75 TP : 148.35
hi all of my friends here is my new forcast for gbpjpy take a look contact with us soon
GBPJPY is testing major resistance at 149.86 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this level to push prices all the way down to major support at 147.14 (Fibonacci extension, horizontal swing low support). Stochastic (55,5,3) is seeing major resistance below 94% where a corresponding...
GBPJPY is right on major resistance and is setting up nicely for a plunge from here. Sell below 149.86. Stop loss at 150.76. Take profit at 147.14. Reason for the trading strategy (technically): Price is seeing major resistance below 149.86 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong drop from here could push prices...
ENTRY: 148.675// SL: 148.225// TP: 150.44
GBPJPY is testing major resistance at 149.18 (Fibonacci retracement, bearish divergence, horizontal overlap resistance) and a strong drop could occur at this level to push price all the way down to major support at 147.50 (Fibonacci retracement, horizontal swing low support, Fibonacci extension). Stochastic (89,5,3) is also seeing major resistance below 96% where...
ENTRY: 148.98// SL: 148.63// TP: 150.44
Hey Guys and Welcome, GBPJPY came back to 60% retrace area of previous week price action, we are following „Mid“-term Trend with a good RR. After a bearish drop last week gj came back over 60% of previous week initial price action expecting further movement to the upside.. Long: 151.804 Sl: 150.526 (125 Pips) TP: 153.325 (150 Pips) Feel free to Comment...