Technical Analysis GBP/JPY

The fx pair GBP/JPY is currently in a downtrend. Short positions initiated at S1 level.

Technical Analysis GBP/JPY

At present dominant is downtrend – price below MA. Possible entry after price rejection near R2. SL should be placed over R3 and TP near S1. Breakout below S2 gives place for more down movements.

Technical Analysis GBP/JPY

A Possible Long position can be taken above the 0 Fib level, near S1 Profit should be targeted at around 135.8 where the latest bearish engulfing candle’s high is.

Technical Analysis GBP/JPY

Looking forward to this week, with the expectation of more stimulus from the BOJ & a possible negative interest rate cut, also momentum from last friday should see the GBP/JPY break resistance to the upside.

Technical Analysis GBP/JPY

- At Pivot, price consolidated and recover. Go Long at this level. SL at 155.25. TP at R2
- Or, at S2, price broke through strongly. Short at this level. SL at 155.70. TP at S3

Technical Analysis GBP/JPY

- At Pivot, price consolidated and recover. Go Long at this level. SL at 154.00. TP at R2
- Or, at S2, price broke through strongly. Short at this level. SL at 154.50. TP at S3

Technical Analysis GBP/JPY

At Pivot, price consolidated and recover. Go Long at this level. SL at 153.05. TP at R2

Technical Analysis GBP/JPY

At Pivot, price consolidated and recover. Go Long at this level. SL at 159.60. TP at R2

Technical Analysis GBP/JPY

- At Pivot, price consolidated and recover. Go Long at this level. SL at 160.55. TP at R2
- Or, at S2, price broke through strongly. Short at this level. SL at 161.05. TP at S3

Technical ANalysis GBP/JPY

At Pivot, price consolidated and recover. Go Long at this level. SL at 160.30. TP at R2

Technical Analysis GBP/JPY

The pair is in uptrend on daily time frame after a huge correction. Buy at oversold levels below daily S1 for aiming daily R1.

Technical Analysis GBP/JPY

At Pivot, price consolidated and recover. Go Long at this level. SL at 159.50. TP at R2

Technical Analysis GBP/JPY

At Pivot, price consolidated and recover. Go Long at this level. SL at 158.00. TP at R2

Technical Analysis GBP/JPY

This fx pair is in a downtrend move since 18 FEB . A strong resistance together with the downtrend trend line and with the Bollinger top, it gives us a signal to go short on this pair.

Technical Analysis GBP/JPY

Sell at 163.65 with a risk/reward of 3.2
Volatile pair needs a room for stop loss. Pair is in downtrend as indicated by EMA20,EMA50.Sell rallies in overbought areas at resistance like the EMA50.

Technical Analysis GBP/JPY

GBP/JPY is experiencing a short term downtrend, but a short term Long position of GBP/JPY can be taken at 169.7, close to the lower end of the Bollinger Band. Both RSI and MACD have confirmed that GBP/JPY has been greatly oversold. We can target to take profit cloe to the high end of the Bollinger Band at 170.6.

Technical Analysis GBP/JPY

This week the bear market of the GBPJPY pair continues, after last week’s correction. After the analysis we can see the price penetrating and breaking the only support at 168, 80. We are waiting for the period to close below support, and we go short at 169, 75 setting our take profit at 169, 00, above Fibonacci expectations and our stop loss well above our last support which will turn to our first resistance after the breakout.

Technical Analysis EUR/UD

The fx pair after the yesterday’s move trending upward. The smaller timeframes are all sustainable. Only Daily TF is questionable. Will the RSI hold under 67 or it will go over for more than a few candles? If holds under than the maximum TP is 1.12475. But if RSI won’t hold than it will be ok to expect much higher levels. H8 is clearly trending. Its minimum TP is 1.12381. H2 is in a really strong trend. Its minimum TP is 1.12410.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

Technical Analysis GBP/JPY

At Pivot, price weakening. Short at this level. SL at 172.90. TP at S2

Technical ANalysis GBP/JPY

- At Pivot, price consolidated and recover. Go Long at this level. SL at 170.85. TP at R2