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Forexgrange forecast GBP-JPY: 2nd week dec. 2013

forexgrange in #Technical analysis #Forexgrange #Forecast #Hermin Robillard #GBP JPY

We have a fully strong uptrend with bull top situation and all the indicators on overbought conditions. On 1M & 1W charts the price is testing a 38.2% Fib level showing that the market is fighting with a massive resistance at this level. We have the macd moving downward on 1D chart and a double top formation on 4H, enough evidences of a downtrend coming soon.
Possible situations on the Gbp-jpy:
- Weekly outlook: bearish
- Min: 163.636 & Max: 172.000
- First scenario: short positions T1:166.794 …

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Forexgrange forecast GBP-JPY: 01-02-14

forexgrange Posted 18 Nov. as Analysis on GBP/JPY, Target: 158.3640, Date: 2 von January, 12:00 GMT in #Technical analysis #GBP/JPY #Forexgrange #Forecast #Hermin Robillard #GBP JPY

My multi timeframe analysis are based on the followingelements: Fibonacci – key price levels - key market price patterns(figures)
1.- Weekly Chart
2.- Daily Chart

Price forecast on Gbp-Jpy for 01-02-14:158.364
- Please leave your comments about this post. Thanks.- Por favor deje sus comentarios acerca de estapublicacion. Gracias de antemano.- On vous prie de laisser vos impressionsconcernant cette publication. Merci d’avance. Cordially, Forexgrange

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Forexgrange: forecast GBP-JPY for week Oct. 28-1 2013

forexgrange in #Technical analysis #Forex #Forexgrange #Forecast #Hermin Robillard #Weekly #GBP JPY

Analysis abstract:
- Long term: weak uptrend
- Medium term: strong uptrend
- Short term: weak uptrend
- Very short term: weak uptrend
Market price rationales:
- Inflection point: 157.535
- 3 resistances: 159.282– 160.734 – 161.943
- 3 supports: 156.70 – 155.41 – 153.98
-Neutral band (h/l): 157.80 & 157.13

Trading decisions:
- Positions: long positions
- Target: 160.14 (161.00– 162.00)
- Max: 161.94
-Min: 158.08
Personal Opinion: the pair still presents an uptrend situation. But, on the long …

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Forexgrange forecast GBP-JPY: 12-02-13

forexgrange Posted 16 Oct. as Analysis on GBP/JPY, Target: 153.9810, Date: 2 von December, 12:00 GMT in #Technical analysis #Forex #GBP/JPY #Forexgrange #Forecast #Hermin Robillard #GBP JPY

My multi timeframe analysis are based on the following elements: Fibonacci - key price levels - key market price patterns (figures)
1.- Weekly Chart
2.- Daily Chart

Price forecast on Gbp-Jpy for 12-02-13: 153.981

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Forexgrange: forecast on GBP- JPY for 11-01-13

forexgrange Posted 10 Sep. as Analysis on GBP/JPY, Target: 152.994, Date: 1 von November, 12:00 GMT in #Technical analysis #GBP/JPY #Forexgrange #Forecast #Hermin Robillard #GBP JPY

Forexgrange: forecast on Gbp- Jpy for 11-01-13 My multi-timeframe analysis are based on the following elements: Fibonacci components - supply and demand - key price levels - Key market price patterns (figures) - Time scale projections 1.- Weekly Chart 2.- Daily Chart Price forecast on Gbp-Jpy for 11-01-13: 152.994

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forexgrange's Blog

Forexgrange forecast GBP-JPY: 2nd week dec. 2013

Forexgrange forecast GBP-JPY: 01-02-14

Forexgrange: forecast GBP-JPY for week Oct. 28-1 2013

Forexgrange forecast GBP-JPY: 12-02-13

Forexgrange: forecast on GBP- JPY for 11-01-13