Pair Name =EURUSD Timeframe = D1 Analysis = technical + fundamentals Trend = Bearish Explaination :- EURUSD is following the bearish trend for few more pips. after that it can again follow bullish move. there is a strong support available
The GBP/JPY currency pair has recently revisited the critical 180.000 level, which has proven to be a significant demand zone. This area has effectively absorbed the selling pressure, leading to a notable price rebound. The interaction at this level suggests that the market is recognizing this zone as a strong support, and the downtrend that previously dominated...
GBPJPY we are have strong bearish push, which is be based on BoJ rate cut which we are have before 2 weeks, when they are raise rates. On D TF on 21.8 price is make bounce on strong zone, on lower TF 4h we can see SYMMETRICAL TRIANGLE pattern created, its also breaked, for me 191.00 is be strong zone which can be used for confirmation of break of SYMMENTRICAL...
Hello,Traders! GBP-JPY is trading in an Uptrend and the pair has Formed a bullish triangle Pattern so IF we see a Confirmed bullish breakout Then a further bullish Continuation is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! GBP-JPY is about to retest The horizontal resistance Of 192.000 again and after The retest we will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_JPY is going down From the horizontal resistance Level of 192.000 and as we are Locally bearish biased we Will be expecting a further Local move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The GBPJPY pair has recovered the late July sell-off and inserted again back within the 2-year Channel Up and even closed the last 2 weeks above the 1W MA50 (blue trend-line). The latter technically confirmed the bottom and the start of the new Bullish Leg. The first Bullish Leg of the Channel Up reached the 2.0 Fibonacci extension, the second aimed even higher,...
Hello,Traders! GBP-JPY went up in a Local rebound just as I predicted but then hit A horizontal resistance Level of 192.120 and We are already seeing a Bearish reaction so I think the pair Will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! GBP-JPY is making a Local bearish correction Towards the horizontal Support level of 188.000 And as we are bullish biased We will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_JPY made a retest Of the horizontal support Level of 188.607 from where We are already seeing a Bullish rebound and a Further move up Is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Although it's generally still bearish, but sometimes GJ surprises us with a move against any bias, so we always need to have 2 scenarios in mind, the explanation is inside the picture itself. The highest probability will be for a sell but I keep the buy in mind as well. Here are the trade execution rules: 1. Do not take a trade inside the zone. 2. Wait for...
Hello,Traders! GBP-JPY has hit a Horizontal resistance Of 188.960 and the pair Is locally overbought So we will be expecting A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅After the retest of the of horizontal resistance of 188.710 It makes sense to expect a bearish correction As GBP_JPY is overbought and the market players Will be taking profit from the level of 186.000 Fuelling a selling wave SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
GBPJPY price on zone, strong bearish trend from last week, here still expecting bearish TP1: 194.450 (250) TP2: 192.850 (400)
The GBP/JPY continues its strong reversal from yesterday after reaching the 208.000 area, where a strong weekly supply zone has been present since July 2008. This significant resistance level has prompted the price to retrace. According to the latest Commitment of Traders (COT) report, retail traders and non-commercial participants are still holding long...
Hello,Traders! GBP-JPY is trading along The rising support line And the pair has already made A bullish rebound from the Support so I think that We will see a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_JPY fell down sharply But a strong rising support was hit Thus as a rebound is already happening A move up towards the target at 199.000 shall follow LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The GBPJPY pair is currently on a 3-week correction, the strongest and longest since the one that ended on the week of December 11 2023. That was also the last time the pair closed a 1W candle below the 1D MA50 (red trend-line). As the long-term pattern is a 22-month Channel Up, every 1W candle closing below the 1D MA50 is a buy opportunity. The last Higher High...