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Gbp-jpy

GBPJPY - FUNDAMENTALS WITH TECHNICAL BIAS- Today's GOV for GBP. A BALIEY SPEAK is about to take place. It will be somewhat important to us. Then we wait for the change in GBP. This week is nothing special for JPY. So the JPY MARKET goes through the SENTIMENT. - GBP FEATURE is currently at 1.3111 LEVEL. Also the JPY FEATURE stays at 0.0081 LEVEL. GBPJPY PRICE is up from DYNAMIC S / R LEVELS. So most of the time the PRICE can be a bit UP ahead. - Currently STOCKS are getting somewhat DOWN. And VIX is getting a bit UP. Also COMMODITIES are becoming UP. It's something special. Also the BONDS PRICES are slightly RED. Also BONDS SPREADS are becoming UP. There is currently no CLEAR DIRECTION in the MARKET. Maybe today is because of Monday. Currently the market has a NEUTRAL BIAS. - GBPJPY PRICE can be UP to 164.275 LEVEL before UP. Then you can DOWN to 162.88 LEVEL. Focus on breaking the TREND LINE. The VIX INDEX is also special.
by benny_marshall
1
MMH POSSIBLE SELLS BUT AFTER...first of we should appreciate the fact that we are at the top of the rend line , which is our daily trendline . in this case that is our dynamic resistance zone , that has been at a pike for the longest time. we see the price fall back to structurer with intensity , breaking through the previous support zone that now is turned into several tests as a resistance zone secondly we can see a consolidation of price around this area at the current price action. This clearly means that its a zone where lots of traders are willing to sell from. This indicates us that there are presence of STOP LOSSES AND BUY orders .(liquidity) what we anticipate for the money makers move is to slightly spike it up for the long term sell offs. now here is the catch. we wait for the spike the later on the break of the lower time frame structure at the current structure . for a possible entry.
Short
by DIGITALASSETSINC
GBPJPY potential for bearish momentum! 30th March 2022Prices are on bearish momentum and abiding by our descending trendline resistance. We see the potential for further bearish continuation from our sell entry at 160.567 which is an area of Fibonacci confluences towards our Take Profit at 159.013 in line with Fibonacci Projection. Prices are trading below our Ichimoku cloud resistance, further supporting our bearish bias. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
GBPJPY weekly analysis 🦐GBPJPY has been trading between 2 structures since March 2021. After such a long range the price is now to the 158 area and possibly break above. I can see how after the previous test price has turned at the 0.786 Fibonacci level and creates a sold green candle afterward. How can i approach this scenario? I will wait during next week for a break of the resistance and in that case, i will move on the lower timeframe to spot and entry point for a long order according to the Plancton's academy rules. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
7