GBPJPY declined below 110 level as yen gained sharply. It hits an intraday low of 208.97 and is currently trading around 209.95.
|
Technicals |
CMP -209.68 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
211.59 |
CMP is less than value |
Bearish |
|
200- EMA |
212.40 |
CMP is less than value |
Bearish |
|
365- EMA |
212.31 |
CMP is more than value |
Bullish |
Major support- 207.75/206.75/205.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
below zero line (bearish) |
-154 |
|
ADX |
Neutral |
Strength declined to 51.40 from 52.77 |
II is good to sell on rallies around 210.26-30 with SL around 211 for a TP of 208.



