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Gpbusd

USD/JPY is relatively optimisticUSD/JPY At present, USD/JPY is relatively maintained at its high level since this year, and the US dollar has recently gained support in Powell's hawkish speech, and the bullish sentiment of the US dollar is rising, limiting the room for USD/JPY to fall. Judging from the 4-hour chart, the current market has received certain buying support at the 136 mark, and the market has been able to rebound, but there is still a lack of strength.So I think it will be digested in the form of shocks from the technical point of view alone. Waiting for the policy decision of the Bank of Japan on Friday and the monthly non-farm payrolls report of the United States should provide a new thrust for USD/JPY. In addition, structurally speaking, before the end of the USD/JPY market, it is expected to form a head and shoulder pattern, but the right shoulder pattern has not yet been constructed, so USD/JPY should have a period of rebound from the technical structure before turning into a downward pattern; in addition, the 136 mark is likely to attract some bulls, thereby limiting the market's decline, and the 135 position is the strong support at the previous top-bottom conversion position, only after USD/JPY breaks below the 135 position can it be regarded as a short trend.Before that, USD/JPY was relatively optimistic. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Long
by Blessed_V
2
GBPUSD to find sellers at previous support?GBPUSD - Intraday - We look to Sell at 1.2288 (stop at 1.2328) The bearish engulfing candle on the daily chart is negative for sentiment. A move lower has resulted in prices breaking from the previous range and confirmed our bearish expectation. Bespoke resistance is located at 1.2300. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Preferred trade is to sell into rallies. Our profit targets will be 1.2188 and 1.2168 Resistance: 1.2300 / 1.2330 / 1.2401 Support: 1.2201 / 1.2168 / 1.2084 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
GBP-USD DAILY CHART BEARISHI'm on the daily timeframe here, something I don't normally look at, but found something I thought I'd share. I noticed a trend line here with a strong fundamental and technical lvl of resistance, and went back as far as needed to find a fundamental lvl of support (March 2020) which seems to fit pretty well here in my analysis. Since I'm not familiar with the daily I don't know if it will actually take till the end of November/beginning of December to reach that anticipated lvl of support but we'll come back to this analysis and see what's good. Leave feedback alwayssss tryna learn!!!
Short
by BandmanB3
GBPUSD > The Best Place for A Buy Trade!!Analysis of #GBPUSD The GBPUSD keeps swinging based on BOE intervention in the market, as you see now we have GBPUSD tested its trendline resistance and started falling back, however, it's now at a minor support level and we could see it going up from here0 As you can see we are near a 1.1000 strong key market level, I will wait and see if the market will rally up with momentum from here to break and close above its trendline resistance, then I will look for a trend continuation entry that meets my rule ate the lower time frame. I have another way to buy GBPUSD, but i will post it in different post to not complicate things in this post Thanks for your continued support!
Long
by TheTradersAvenue
12