Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY recovered sharply after a massive sell-off of more than 500 pips. The near-term resistance is around 166.25, any breach above targets 167/168./168.75.
I feel we should remain below 4-hourly cloud resistance around 165.50. So the current level is an opportunity to go short. I suggest sell strategy @ 164.40-164.80 and place stop-loss 165.68 for now. Profit order @ 162.37 for now. Hope it will work out for those trying this strategy.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPJPY trades lower on the weak Pound sterling. The near-term resistance is around 163.10,
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
We've been nailing GBPJPY since the week started, between 200-300 PIPS! A few small hiccups but we're on top of it. Lets do this humbly.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Take a look at these two weeks. Amazing how the markets work huh?
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
If one has been short this pair between 167.50 and 168.50, it is better to liquidate it, and place a RE-SELL above 168.60-169.00. The RSI is overbought, but not very extreme and the Aroon oscilator supports a SELL strategy with preference as per the stated levels for now. If we SELL @ 168.60-169.00 profit order to be placed @ 166.57 for now.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
The run up on the pair was sharp, and we are once again at lofty heights. The stochastic shows that we are going to turn lower in coming sessions and for that reason I feel we can have a strategic short on the pair. The current level for SELL is 167.30-167.50 and we should add higher above 168.47 only. Profit order best above the cloud @ 163.00-163.25.