GBP/JPY Technical Analysis: edging into 144.50 as the Yen relaxes

  • The past twnety-four hours sees the GBP/JPY catching some lift in early Wednesday as the Japanese Yen takes a mild step lower, allowing the Guppy to lift back into the 144.50 region.

GBP/JPY Chart, 5-Minute

  • The 144.50 level has proven to be a key support level for the Guppy, and if buyers fail to return the pair north of the critical technical barrier, it could sour into resistance in short order.

GBP/JPY Chart, 30-Minute

  • The past quarter sees the Guppy cycling within a rough range between 143.50 and 149.00, and the current bearish decline could still fall a little bit further before turning over for the next bullish leg.

GBP/JPY Chart, 4-Hour

GBP/JPY

Overview:
    Last Price: 144.45
    Daily change: 36 pips
    Daily change: 0.250%
    Daily Open: 144.09
Trends:
    Daily SMA20: 145.95
    Daily SMA50: 146.98
    Daily SMA100: 145.82
    Daily SMA200: 147.14
Levels:
    Daily High: 144.92
    Daily Low: 144.01
    Weekly High: 148.74
    Weekly Low: 144.26
    Monthly High: 149.52
    Monthly Low: 142.78
    Daily Fibonacci 38.2%: 144.36
    Daily Fibonacci 61.8%: 144.58
    Daily Pivot Point S1: 143.76
    Daily Pivot Point S2: 143.43
    Daily Pivot Point S3: 142.85
    Daily Pivot Point R1: 144.67
    Daily Pivot Point R2: 145.25
    Daily Pivot Point R3: 145.58

 

USD/CHF Technical Analysis: 100-day MA support could be put to test today

Hourly chart As can be seen above, the corrective bounce called by the bullish divergence of the RSI is struggling to cross the downward sloping
مزید پڑھیں Previous

Eurozone: No signs of activity pick up - Westpac

Tim Riddell, Research Analyst at Westpac, explains that the recent Eurozone data failed to show signs of activity picking up. Key Quotes “Though EZ
مزید پڑھیں Next