updated analysis since 2 days
GBP/JPY - British Pound Yen
Short term (Intraday)
181,77. GBP JPY is in an downtrend directed by 1H exponential moving averages. GBP JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue to gather momentum.
=> We could take a short position at 182,00. We will put the stop loss above 183,50 (-150 pips). The targets are 180,80 (+120 pips, risk/reward 1:0.8), 180,00 (+200 pips, risk/reward 1:1.3) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
=> We could take a short position at 182,00. We will put the stop loss above 183,50 (-150 pips). The targets are 180,80 (+120 pips, risk/reward 1:0.8), 180,00 (+200 pips, risk/reward 1:1.3) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.
- Resistances
- 182,75 - 184,70
- Supports
- 180,80 - 180,00
- Long term chart
- GBP/JPY - British Pound Yen
updated 06 oct 2008 12:34 GMT
Receive free alerts by email when technical analysis are updated.
FAQ Technical analysis
- How Long Are The Analysis Valid For?
- Do You Give Forex Signals? What's The Cost?
- What Is Trend Indicator?
- What Is The Risk/reward Ratio?
- Why There Are So Few Trading Order In Technical Analysis?
- How And When Are The Technicals Updated For The Trading Pairs?
- What Is Forexsto?
- Could You Please Explain How Your Trading System Works?
- How Many Pips Away Is It Advisable To Put The Stop Loss?
- What Is Your Previous Trading History Like?
- Candle Stick
- What The Trade Configuration Means?
You have a question on technical analysis? just ask in the forum!
Latest technical analysis
- AUD/USD - Australian Dollar US Dollar
Oct 8, 5:21 GMT - EUR/USD - Euro Dollar
Oct 6, 12:52 GMT - GBP/USD - British Pound Dollar
Oct 6, 12:47 GMT - USD/CAD - US Dollar Canadian Dollar
Oct 6, 12:44 GMT - USD/CHF - Dollar Swiss Franc
Oct 6, 12:40 GMT - USD/JPY - Dollar Yen
Oct 6, 12:36 GMT - GBP/JPY - British Pound Yen
Oct 6, 12:34 GMT - EUR/JPY - Euro Yen
Oct 6, 12:31 GMT - EUR/GBP - Euro British Pound
Oct 6, 12:27 GMT - EUR/CHF - Euro Swiss Franc
Oct 6, 12:25 GMT - EUR/CAD - Euro Canadian Dollar
Oct 6, 12:21 GMT - EUR/AUD - Euro Australian Dollar
Oct 6, 12:18 GMT
Forex Forum
English
Français
- Arnaud Jeulin: October 8th - Bank Of Japan Monthly Economic Survey, Brc Shop Price Index, Industrial Production
Oct 8, 4:53 GMT - calfx: Only 95% Of Traders Are Unsuccessful.
Oct 7, 15:29 GMT - kingwade: Why Most Newbie Traders Fail?
Oct 6, 18:52 GMT - Arnaud Jeulin: October 7th - Rba Interest Rate Decision, Fed's Bernanke Speech, Fomc Minutes (sep 16)
Oct 6, 18:42 GMT - Arnaud Jeulin: October 6th - Halifax House Prices, Ivey Purchasing Managers Index, Niesr Gdp Estimate
Oct 6, 4:48 GMT - AcetraderFX: Weekly Technical Outlook On Eur/usd By Acetrader
Oct 6, 4:16 GMT - BoubouPanda: Gbp/usd
Oct 5, 11:23 GMT - Arnaud Jeulin: October 3rd - Nonfarm Payrolls, Unemployment Rate, Average Hourly Earnings
Oct 3, 5:00 GMT - fawwazaljarrah: Could You Please Explain How Your Trading System Works?
Oct 2, 10:57 GMT - Arnaud Jeulin: I'm A Trend Follower
Oct 2, 10:23 GMT
- Fadigas: Stop Loss - Garantie 100% ?
Oct 7, 22:40 GMT - stratif: Pour Les Connaisseurs D'oanda....manips Imposibles
Oct 7, 20:42 GMT - beotien: Dromeas, Le Filtre De Tendance De Kosta
Oct 7, 18:11 GMT - melwynn: Alerte De Cours Par Sms
Oct 7, 17:15 GMT - jctrader: Lancement Officiel De Saxo Banque France
Oct 7, 6:26 GMT - jctrader: Passage De Support Difficile Pour L'euro Yen (eurjpy)
Oct 7, 6:17 GMT - fetha: Le Marché De L'emploi Après La Crise
Oct 6, 15:44 GMT - Arnaud Jeulin: Saxo Bank Suspend Un Directeur
Oct 6, 12:59 GMT - edgeneva: Objectifs Sur Indices Et Gold
Oct 6, 9:18 GMT - Arnaud Jeulin: La Crise Financière Selon Jean-claude Trichet
Oct 6, 9:02 GMT