GBPJPY analysis week 42 - GBPJPY forms double bottom on daily chart , trend changed?? Recap last two weeks – Late week 40 and week 41 price showed bullish expansion to move around 500 over pips. Is there a change in trend for GBPJPY trend after this bullish
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Read more →GBPJPY analysis week 39- Recap last two weeks –GBPJPY broke two records in last two weeks. In week 37, we saw price creating a new low for 2011 and in week 38, it created a new all time low. Will it continue to slide down or we
Read more →GBPJPY analysis week 37- Recap last week –GBPJPY had another bearish week .In week 36, it has made another lower high and lower low than week 35. Price found support at 2011 low and retraced back to close at August low. Overall, GBPJPY had a fall of
Read more →GBPJPY analysis week 36 Recap last two weeks – In my week 34 analysis, I mentioned about triple top and bearish sentiment for GBPJPY and to watch for rejection or neckline break of triple top to short. In the beginning of 35 week , we saw a
Read more →Recap last two weeks – In my previous analysis, I mentioned about bearish sentiment and rejection of blue zone is signal to short this pair. Price exactly did what was expected and we saw more than 500 pips downfall for GBPJPY in week 32. In week 33
Read more →Recap week 30- Another roller coaster week for GBPJPY. In week 30, Monday price opened with bullish breakout but was resisted by blue zone ( formed by June low and week 28, 29 ) and price was pushed back by bears to create another low (lower than
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Read more →GBPJPY week 29 – GBPJPY at June low; Opportunity to short again? Recap week 27 and week 28- After bearish weeks 26 and 27, price showed retracement in week 28. On Daily chart, we can see that price has retraced back during week 28 to test June
Read more →GBPJPY week 28 – Recap week 27- In week 27 analysis, it was mentioned to watch for WR or rejection of pink zone ( ref: h4 chart ) to short GBPJPY. On D3 we had typical Tflow® trigger ( WR ) to short this pair. Price fell over
Read more →GBPJPY week 27 – Another bearish month ended, will July be different for GBPJPY? Recap week 26- In week 26 analysis, it was mentioned that old trendline might provide support and we might see bulls coming in picture early in week which will give us retracement to
Read more →Sentiment for AUDUSD, EURUSD, USDJPY, and GBPJPY AUDUSD Daily chart uptrend based on the 200-day moving average A falling wedge has appeared over the last months and at once also validated by the bullish breakout in the last 3 trading days of Week 26 4 hour chart
Read more →GBPJPY week 26 – GBPJPY – Bearish predominance prevails… Recap week 25- Let’s look at H4 chart to recap week 25 . As mentioned in my Week 24 and 25 analysis, Price has broken May low (130.27 ) and any retracement back to test May low or
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