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GBP/JPY Technical analysis

Hi traders
GBP/JPY:
The GBP/JPY at the 4-hour charts now moving in a Sideways condition.
A strong support base has formed at 144.15 and is expected to limit any downside movement currently GBP/JPY price is bounceing up from there. Also good strategy will be to buy GBP/JPY on dips.
If it breaks below 144.15 next support level is at 141.20.
I reccomend to look for buy opportunities with 80 pips tp for daily or 250 pips tp for weekly.
I am bullish on GBPJPY I believe this pair could break 147.5 lev…
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AUD/CAD Daily

Heikin Ashi (HA) candle closed red = Good for Short
HA candle closed below EMA (5 yellow) = Good for Short
Stoch (8,3,3) downward = Good for Short
Daily: Short
Weekly: Short
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USD/CHF- More Weakness!

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,CCI.
  • Prepared with :JForex 4.
  • Current Level :0.8869.
[list=1][/list]…
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Metal_Mind avatar
Metal_Mind 21 Apr.

UPDATE 1: This is a great prediction. The pair resumed into lower grounds as expected. The market is testing SNB reaction and will probably go even lower towards my target. The curent price level is 0.8835 and with this week to go the target is pretty realistic

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Metal_Mind 30 Apr.

UPDATE 2: Current price level is  0.8802 which is a 79 pips deviation from target. The trend is at a boottom support very well positioned and could  lunch tommorow in a bullish rally towards my target. Good help.

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FINAL UPDATE : The price at settlment was 0.8787 that beeing an 64 pips deviation from target. It is very far for a win but  it is a good prediction for my book.

Omela avatar
Omela 8 May

возможно, всё возможно)

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