GBPJPY trades higher for second consecutive days on board-based yen weakness. It hits an high of 215.77 ; now it is about 215.52.
|
Technicals |
CMP -215.52 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
214.16 |
CMP >value |
Bullish |
|
200- EMA |
214.04 |
CMP >value |
Bullish |
|
365- EMA |
213.65 |
CMP >value |
Bullish |
Major support- 215/214.15/213.60/213/212.35/212/211.30/210.40/209.80. Major resistance 216/217/218.
|
Momentum indicator |
Value |
|
|
CCI(50) |
178.46 |
Bullish |
|
ADX |
Strength increased from 22.77 to 30 |
Bullish |
It is good to buy on dips around 215.20-25 with SL around 214.48 for a TP of 217.
