I think this is a good pair for sale right now. There is a good Japanese candle here, which indicates a decline in the coming days.
- GBPJPY is finding great support of 150, it looks like it will be very difficult to break this limit. - It seems that based on Blomberg news, this virus is not so fatal, which can additionally cause an immediate change of course in the next few days in a positive sense.
Based on the previous two days, we can see a strong resistance to USD / JPY, so I think now is the right time to buy. TP 1 114.5 TP2 116.00
Let's look at the weekly chart we can. Let's look at what happened last week. It seems to me that we have good sales pressure here. Can USBJPY start a downward trend on a weekly basis. Probably going down.
since March we have witnessed a sharp rise in the US30 index, its global trend is growing. We all think it will go and grow non-stop. When we look at the weekly chart we can clearly see that the strength of the index is gradually declining, we are witnessing its high susceptibility to new variants of the covid virus. In my opinion, the Covid virus is an ingenious...
For the last 4 months EUR USD has been on a downward trend. On a daily basis we can clearly see a large green candle. Maybe this would be a good sign for a trend change or encountering strong resistance that might cause a trend change. The USD Index also showed strong resistance on a daily basis on Friday. It is very likely that in th TVC:DXY e coming period...
On the chart we can see that the price has touched the EMA 200 (1D) which would in principle mean that we should buy this currency pair. On the other hand, the numerous geopolitical problems related to the British customs as well as the report on inflation that is to occur in the coming period can cause additional stress and push this currency pair towards...
Based on the previous behavior of the candles, my personal opinion is that this couple will move towards 151.50. Also, the news from the UK will not be positive in the coming period. On the other hand, the report on inflation is approaching. This can cause additional stress and reduce the price even to 149.00
The GBP JPY is experiencing a breakdown. What is certain is that this currency pair has room up to 149 to fall. As we see the last candle quickly nullified all the others in a negative sense, which we can conclude that the need for the yen is growing. My idea is that this pair will test and try to reach 149, which in this period can cause additional stress on...
my opinion is that this pair has to touch 104.0 before they go up.