For the previous two days, GBPJPY has been consolidating in a tight range between 209.18 and 210.74. Having hit an intraday low of 209.18, it is presently trading around 209.515.
|
Technicals |
CMP -209.52 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
210.01 |
CMP <value |
Bearish |
|
200- EMA |
210.11 |
CMP < value |
Bearish |
|
365- EMA |
210.18 |
CMP <value |
Bearish |
Major support- 210/209.48/208. Major resistance - 212/213.15/214
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-76 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 210.28-30 with SL around 211.35 for a TP of 207.60.


FxWirePro: AUD/USD hits three-month peak,scope for futher upside
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
FxWirePro- Major Crypto levels and bias summary
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption 



