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GBPJPY Technical Outlook 28/01/2016


After two days of volatile movement in GBPJPY its recovered well today and currently trading in a positive territory with positive movement of 0.80% at 170.28. Technically now on daily charts GBPJPY having a strong resistance at 170.40. Now if GBPJPY sustain above 170.40 then it will move up to 172.00 while on the bottom side strong support at 168.80.
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EURJPY Technical Outlook-27/01/2016

EURJPY tradiing in a small range today and currently trading at 128.65 with .05% of loss in prices. Technically on 1hr chart EURJPY having a strong resistance at 128.70 according to ParabolicSAR. IF EURJPY traded abovee that level then it will cofirm the buy level for the day and it will move upto 129.20 by the end of the day while on the bootom side strong support at 128.20. Traders are advise to take the buy position in EURJPY above 128.70 with the stop loss of Rs 128.20 and wait for the afore…
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EURUSD Technical Outlook 21/01/2016

EUR/USD trading positive on Thursday and currently trading at 1.0903 with positive movement of 0.13%. Technically now EUR/USD having a strong resistance at 109.30 while support at 108.80. If EUR/USD sustain above 109.30 then it will move up to 109.80 on the other hand if prices traded below 108.80 then it will move down to 108.30. Traders are advise to take position according to the breakout of any of aforesaid levels.
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