GBPJPY - SAME AS USDJPY GOING DOWN - KEEP SELLING From my viewpoint, the GBP/JPY pair has recently exhibited a notable bearish trend, reaching an eight-week low which suggests additional caution in the short term. Monitoring key support levels like the 185.63 area and the psychological level of 185.00 is crucial for planning trading strategies. I am watching for a potential technical shift towards a more pronounced bearish trend, especially if the pair closes below 181.80, which could reinforce the bearish outlook.
Furthermore, economic news and political events from Britain and Japan could impact the GBP/JPY pair, so I am closely following upcoming announcements from the Bank of Japan and key economic indicators from the UK. Any signs of a shift in monetary policy or unexpected economic data could act as catalysts for increased volatility. I maintain a balanced approach, combining technical analysis with fundamental developments to form a comprehensive market view and be prepared to adjust my positions according to market fluctuations.
SEE MY ANALYSIS ON THE CHART:
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40 PIPS RUNNING DOWN PROFITS ON THI ONE:
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Bajista
Possible bearish movement US30English
In my last idea published, I was waiting for a bearish reaction in the 50% fibo´s zone, but the price is going up. What do I see right now? We have a bearish structure on a daily timeframe and I hope to continue selling this index.
In adittion to that, all the retracement we saw, were "healthy" for the price and we don´t have any GAP or something like that which is good. In this retracement we´re having, I´ll be waiting for the price to go to the 79-89% fibo levels to see the reaction and waiting for a price action confirmation to start selling this index, let´s see how it goes in the next days.
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En mi última idea publicada, estaba esperando una reacción bajista en la zona del 50% del fibo, pero el precio siguió subiendo. ¿Qué veo ahora en el mercado? Tenemos una estructura bajista en una temporalidad diaria y espero seguir vendiendo este índice.
Adicional a eso, todos los retrocesos que vimos, fueron saludables para el precio y no tuvimos GAPs o algo parecido, lo cual es bueno. En el retroceso actual, Estaré espeando que el precio vaya hasta el 79-89% del Fibo y ver qué reacción tiene y a la espera de una confirmación de acción de precio para comenzar a vender este índice, vamos a ver cómo se mueve en los próximos días.
long-term PLTK support and hammer, change trend here we can see a hammer that tells us that a trend change is coming and that it has just touched the floor, these candles are always a signal with a probability that the downtrend is over
aqui podemos ver un martillo que nos dice que se viene un cambio de tendencia y que acaba de tocar el piso siempre estas velas son una señal
posible movimiento alcistaen esta ocasión,el par presenta una clara tendencia bajista, se destacó también un descenso en el volumen de negociación, se espera un impulso alcista al romper directriz bajista presentada y con fin .. durante el día de hoy con el objetivo de llegar hasta ema200 fuerte resistencia, se consideran soportes y resistencias relevantes presentados, se considera utilización de stop limit por debajo de soportes relevantes presentados.