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GBPJpy looking interesting now

AdamFx42 Posted 29 May in #Trader's blog #Technical #Daily Chart #Gbpjpy #H S

GbpJpy is looking bullish on the daily chart
With a likely 'NO' vote for Brexit and bullish Gbp movements, the BOJ wanting a lower Yen
and the technical analysis on GbpJpy - it looks like a clear buy on the daily chart
A head and shoulders pattern has emerged in GbpJpy on the daily chart
I will be looking to go long just below 160 - with a SL at 157.5, and a TP around 164
gl all the last few days of trading

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EURUsd bouncing off weekly pivot and Fib expansion level

AdamFx42 Posted 16 Mar. as Analysis on EUR/USD, Target: 1.3670, Date: 1^st of May, 12:00 GMT in #Technical analysis #EUR/USD #Short #Retracement #Pivot #H S #Daily Trendline #Downward Breakout

Eur/Usd has hit weekly resistance 1 and top side of the daily channel trend-line,
and a retracement back down would seem in order,
fundamentally, the trouble in the Ukraine and the softer tone of the dollar
and the uncertainty on the fx market in general should support this move
If we take a look at the weekly chart we see the weekly R1 level at 1.3959 has been hit,
and I have drawn the most recent weekly trend-lines up
On the first daily chart we see a close up of the latest weekly move,
and t…

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GBPJpy looking interesting now

EURUsd bouncing off weekly pivot and Fib expansion level