Hello traders, GBP/JPY has been trying to break the hourly resistance at 192.75 but so far, it has not been able to do so. That being said, we are continuously noticing higher lows in the hourly time frame. So, the current price action on GBPJPY is messy. Although I have been scalp selling GJ every time it reaches 192.75, I feel less confident in selling. In...
Dear Traders, Hope you are having great holidays, today we have found two perfect areas where you can buy and target easy 500 pips or maximum of 700 pips. The first entry, enter with perfect risk management as it is risky entry, while the second entry is safe entry. Good Luck
I've twice banked pips shorting GBP/JPY from the WR1 pivot this week and as can be seen the price is back at this level. We have a nice tweezer double top on H1 for the previous 2 candles and as SELLERS are clearly prepared to move into this market from this level, it looka good SHORT opportunity. However. The Andean Oscillator is not yet clearly giving a SELL...
Hello traders, after declining to 190 level, GBP/JPY has staged a remarkable comeback. The support level on the 4Hour chart has held and GBP/JPY is currently up 170 pips from the lows. So, congrats to all those who managed to buy the dip in GBP/JPY. Currently, the next Resistance level lies at 192.96 level followed by 193.55 Based on the price action, it...
The previous candle on H1 hit GBP/JPY WR1 Pivot and all the signs are that this pair will now reverse. The rationale for this assumption that GBP/JPY will reverse follows: a). The current H1 candle is BEARISH. b). On 15m time frame the RSI declining. c). The MACD on the same time frame is signalling SHORT. d). On the Andean Oscillator (15m) we can see that the...
We expect further downside on this pair, signalled by the formation of a double top. We can also see the breakout of a short-term trendline which further supports our directional basis.
Hello Traders In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (CADJPY market update) 🟢What is The Next Opportunity on CADJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
The Japanese yen has hit its weakest level against the US dollar since 1990, trading at 153.24 per dollar on April 10. This signals significant downward pressure that has prompted Japanese financial authorities to officially warn of possible intervention. Even though Japan's central bank switched interest rates from negative in March, the currency continues to...
In our video, we explore the technical analysis and a trading concept for the GBPJPY. Our assessment indicates a potential trade opportunity. We'll analyze the current price action, closely examine market structure, and factor in market dynamics, and identify a potential entry point guided by favorable conditions. Nonetheless, it's essential to emphasize the...
GBPJPY on the daily timeframe shows a confirmed OHLC (OPEN HIGH LOW CLOSE) SELL Setup within the Monthly structure. TDI has indicated a bearish cross, suggesting the presence of sellers in the market. My target is set at 191.000 (Monthly Open). I advise patience in awaiting a sell signal to validate the selling momentum in smaller timeframes. LIKE , SHARE,...
Hello Traders In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (CADJPY market update) 🟢What is The Next Opportunity on CADJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello traders, let us take a look at the 4H chart of GBP/JPY. As you can see, price has respected the dynamic support level( 100 period Moving Average). In addition, the support zone indicated in the chart is also unbroken. I feel there is enough bullish momentum for price to reach 193 and beyond. The first minor resistance would be at 192.25 which if broken...
Hello traders, GBP/JPY has been sliding lower for the last few days. What's even more interesting if the fact that price has constantly stayed below the 100-hour moving average for quite some time now. That being said, there is a possibility of a rebound in GBP/JPY Traders waiting to buy, must wait for the price to break the 100-hour moving average level with...
Market Analysis PT1/2 (8th April 2024) GBPJPY Analysis 1 hour timeframe, Price action has created a very bullish push to the upside after retesting the Bullish orderblock, creating another BOS to the upside. In the process, price action has created a bullish FVG on the 1 hour as well. There are 2 main scenarios i am looking out for later on in the...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Welcome back! Let me know your thoughts in the comments! ** GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hola Traders, This is our Day Trade master plan to Heist Bullish side of GBP/JPY BANK . my dear Looters U can enter at the any point above my entered area, Our target is Red Zone that is High risk Caution area, If There is any Bad news it make our heist very sad and if the news is favorable for us then we can continue our looting from there with help of trailing...
05.04.2024 The weekly timeframe doesn't appear strong, but I follow the overall trend. Trading with the higher timeframe trend alone can increase your win rate. On the daily timeframe, we observed daily liq. low and a rejection of the daily vwap with strong momentum. Therefore, I believe the uptrend will continue, as there are no signs of bearish pressure....