empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

27.04.201800:05 Forex Analysis & Reviews: The daily review of the currency pair GBP / JPY for April 26, 2018. Ichimoku Indicator

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

GBP / JPY

Exchange Rates 27.04.2018 analysis

Senior timeframes

Interaction with resistances 152.14-20 (daytime Tenkan + weekly Fibo Kijun) continues. Players on the increase at the moment lack the strength and activity for reliable securing above these levels. As a result, the bears can start to decrease again at any time. The key support is still the area of 150.77, combining the weekly and daily Kijun, as well as the daytime Senkou Span B.

Exchange Rates 27.04.2018 analysis

H4-H1

The cloud H4 and the levels of attraction and resistance of the upper half (152.14-20) were able to slow down the development of further upswing. The upward direction now remains the same, the target for breakdown of the H1 cloud (152.71-94) and the maximum extreme of the daily correction (153.83). If the players on the slide now can move to active actions and return to themselves in the lower half times 152,14-20, having fixed in the bear zone against the clouds of younger timeframes, then on the way to the key support of this site (150.77) the most likely will be the area 151.50 (the final borders of the cross N4 + day Fibo Kijun).

Evangelos Poulakis
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off