GBPJPY has traded in a narrow range between 214.04 and 211.75 in the past three days. Today it hits an intraday high of 213.68; now it is trading at about 213.60.
|
Technicals |
CMP -213.60 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
213.10 |
CMP >value |
Bullish |
|
200- EMA |
214.13 |
CMP <value |
Bearish |
|
365- EMA |
214.22 |
CMP <value |
Bearish |
Major support- 213/212.30/211.80/211.30/210.40. Major resistance 214/214.50/ 216/217/218.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-151.78 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 214 with SL around 215 for a TP of 210.


FxWirePro: EUR/ NZD regains upwards momentum but unable to hold above 50%fib
FxWirePro: USD/ JPY recovers from early decline but bears are not done
FxWirePro: AUD/USD softens after RBA rate hike
FxWirePro- Major Crypto levels and bias summary
Ethereum Eyes the $3,000 Milestone: Can Bulls Turn Current Momentum into a Massive Breakout?
Aussie Under Pressure: AUDJPY Retreats as Bearish Technicals Align
FxWirePro- Woodies pivot (Major)
Ethereum Follows Suit: ETHUSD Tracks Bitcoin's Surge Toward Key Resistance
NZDJPY Bearish Grip: Selling the Rallies as Pair Consolidates Near 92.35
FxWirePro: USD/ZAR gains upside momentum as bulls take charge
FxWirePro: EUR/AUD recovers slightly but trend is still bearish
FxWirePro: EUR/AUD dips after ECB rate decision , eyes 1.6150 level
FxWirePro: GBP/USD dips as geopolitical influences drive the action
FxWirePro: NZD/USD gains ahead of key jobs data
NZDJPY Recovery Hits a Wall: Is the Bearish Trend Set to Resume?
FxWirePro: GBP/AUD hovers around 1.8870, vulnerable to further losses
Bitcoin Breaks Barriers: BTCUSD Eyes USD 85,000 as Bullish Momentum Surges 



