Get started

Gbpjpyanalysis

GBPJPY Long Term Buying Trading IdeaHello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY 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 Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Short
by ForexPlanet20
Smart Money Concept + 50ema + RSISmart Money Concept: The term "smart money" refers to the institutional investors, fund managers, or sophisticated traders who are believed to have a deep understanding of the market and make well-informed investment decisions. The concept suggests that following the actions of these experienced and well-capitalized market participants can provide insights into potential market movements. Exponential Moving Average (EMA): The Exponential Moving Average is a type of moving average that places a greater weight on more recent data points. It reacts more quickly to price changes compared to the Simple Moving Average (SMA). The +50 EMA specifically refers to the 50-period EMA. How it works: If the current price is above the +50 EMA, it is considered a bullish signal. If the current price is below the +50 EMA, it is considered a bearish signal. Trading Strategy: Some traders use crossovers between the price and the +50 EMA as buy or sell signals. For example, a bullish crossover (price crosses above +50 EMA) might be seen as a buying opportunity, while a bearish crossover (price crosses below +50 EMA) might be seen as a selling opportunity. Relative Strength Index (RSI): The RSI is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought or oversold conditions in a market. How it works: RSI values above 70 are often considered overbought, suggesting a potential reversal or pullback. RSI values below 30 are often considered oversold, suggesting a potential reversal to the upside. Trading Strategy: Traders may use RSI to identify potential trend reversals or confirm the strength of an existing trend. For example, if the RSI is above 70 and the price is also above the +50 EMA, it might signal an overbought condition, and a potential reversal or pullback could be anticipated.
by MOAZAM1133
GBPJPY Long Term Buying Trading IdeaHello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY 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 Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Short
by ForexPlanet20
GBPJPY: Asian foreign exchange markets fell, the USD was strongeMost Asian currencies were mildly volatile on Friday but headed for weekly losses, while the dollar hovered near a one-month high amid growing doubts that the Federal Reserve will cut interest rates early this year. The Japanese Yen was hit the hardest due to concerns about higher interest rates for longer and was also the worst performing currency in Asia this week. The yen fell 0.1% on Friday and is forecast to fall 2.3% this week. Friday's data showed Japan's consumer price index (CPI) inflation fell to its lowest since June 2022 in December, prompting the Bank of Japan to maintain much of its ultra-extreme policy. his moderation at {{ecl -165||next week's meeting}}.
Long
by Chart_MasterPro
GBPJPY POSSIBLE FALL ?hi traders , since the summer gbpjpy has been trading inside a channel on the daily tf . we can see the price approaching the sell area where we have a resistance + bearish trendline it is very likely that we see a bearish move from there id wait for extra confirmation. right now the only comfirmation we have is the close of friday candle that closed as a bearish spinning top and the rsi that is indicating a bearish divergence and weakening of price. trade safe homies!
Short
by xAB777
1
GBP/ JPY !! 19/1/2024 Trendline PRICE UP is stable⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: The H4 long-term increasing trendline is very beautiful. The price touches the trendline, setting up a SELL signal ⭐️ SET UP GBPJPY PRICE: 🔥SELL zone: 188.550 - 188.700 SL 189.100 TP1: 188.200 TP2: 187.900 TP3: 187.600 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Short
by Nova-Scalper
6
GBP/ JPY !! Getting SELL bad data for GBP⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: According to economic data experts, GBP will not be supported today, following the SELL trend around this area, touching the EMA. ⭐️ SET UP GBP/JPY PRICE: 🔥SELL zone: 185.350 - 185.500 SL 186.000 TP1: 185.000 TP2: 184.700 TP3: 184.400 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Short
by Nova-Scalper
5
GBP/JPY buy signal AnalysisHello traders, In our recent price action on GJ we saw a nice bullish momentum. Despite I was bearish last week and I was wrong about the biais I didn't took any action and didn't push any button as the anticipated shift in momentum didn't materialize. This week, my perspective has shifted, and I now anticipate the bullish trend to persist. We saw a retracement into a daily IRL, establishing the sell side of the curve. My current expectation is for the market to take the ERL. For me to consider any entry, I'm waiting to see if we get a stop hunt and a clear shift in momentum. So I would consider an entry.
Long
by Anisbylka