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gbp/jpy is reaching a strong support lever around 143. It will be excellent opportunity to buy at these levels if this holds. This will be clear in coming days. The chart says it all. the support level holds since may 28 so definitely point to watch.
Блог Amogh
USD/JPY booked profit on long trade before non farm
usd/jpy trade initiated earlier this week is closed before non farm payroll news. Position was BUY 5.000M USD/JPY @ 111.489 and booked profit at 111.650 for 16 pips. The chart was like this earlier before the pair nose dived after non farm payroll news.
GBP/JPY rebound is over
my long trades are stopped out after few bad economic news for GBP. The short term break above is over and the downtrend has resumed. Initiated short gbp/jpy now at 147.25 with profit eyeing at 146.25. Chart tells the story.
GBP/JPY and EUR/JPY long trades going well
with global markets rallying yen crosses are following through. My eur/jpy and gbp/jpy trades both are running well into profit. I am opening these trades for a while and letting it run in anticipation that much higher prices are yet to come in days ahead. Here are the charts.
GBP/JPY is in profit and running
gbp/jpy has gone well so far. Initiated at 148.56 the current price is 149.02 it reached even upto 149.30. A short fall back and it is well on its way to charge up. My target is 149.62. This should be very achievable target. Here is the latest chart.
Holding on to long position GBP/JPY
Holding onto the long positon of gbp/jpy long position opened at 148.57 with take profit at 149.60. over the weekend. However, eur/jpy opened at 131.37 with take profit at 132.39 was stopped out. With clear break of a short term downtrend the price should continue to move up in coming days. You can see in this chart once again above.
Yen crosses are in green
I have gbp/jpy long position now opened at 148.57 with take profit at 149.60. Similarly eur/jpy opened at 131.37 with take profit at 132.39. With stock markets currently rebounding with posistive notion investors are willing to take some risk here. And the the downtrend also seems to be clearly broken. You can see in this chart.
GBP/JPY long trade went well
Yesterday’s analysis and trade went well. The buying opportunity was taken at around 146.70. Today it hit the target of 147.50 before falling again on the negative GBP news. Overall market is still positive and even this dip should be bought. I think right time would be to wait for US session to buy it back Here is the chart of gbp/jpy.
Opportunity to buy GBP/JPY
gbp/jpy has just fallen amids of gbp/usd fall in price. But this is a buying opportunity. It has fallen down to 146.60 from 147.70. overall market is positive and green. This means there is risk on scenario and so the carry trades specially yen crosses should be going up. So I have gone long on gbp/jpy right now at 146.70 with target 147.55. Lets see how it turns out to be.
Yen crosses moving upwards amidst trade wars
it seems that though there is trade war going on yen crosses refuse to go down. it is going up and has broken short term down trend. I have long gbp/jpy position at 146.35. it is now in profit. but i will be moving stop loss tight this weekend.