GBPJPY recovered slightly after a minor profit-booking. Today it hits an intraday high of 215.86 ; now it is trading at about 215.80.
|
Technicals |
CMP -215.88 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
214.96 |
CMP >value |
Bullish |
|
200- EMA |
213.34 |
CMP >value |
Bullish |
|
365- EMA |
212.25 |
CMP >value |
Bullish |
Major support- 215/214.50/ 213.80/212.30/211.80/211.30/210.40. Major resistance 216/217/218.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
110.60 |
|
ADX |
Bullish |
Strength increased from 14.03 to 19.69 |
It is good to buy on dips around 215, with an SL around 214, for a TP of 217.



