Tag Archives: yen

GBP/JPY managed to achieve the first target required to be touched during the previous analysis at a price of 152.55, and it is close a few points from the second target of 152.90, recording the highest of 152.80. On the technical side, the current trading is witnessing a bearish tendency, …

The pound witnessed a bullish bias during yesterday’s session within the expected positive outlook in the previous analysis, surpassing the first target of 152.00, recording a high of 152.24. On the technical side today, the stability of the intraday trading above 151.40 is a positive factor that increases the probability …

Positive trading regained control of the pound’s movements against the Japanese yen after it managed in building a base on the support floor at 150.80. On the technical side today, and with trading remaining above the aforementioned level, accompanied by the positive stimulus of the 50-day moving average, in addition …

GBP/JPY found a good support level around the first target published during the previous analysis at 148.65, which forced it to retest the 150.00 resistance level. On the technical side, and despite the bullish intraday tendency, we tend to be negative depending on the clear negativity features on the stochastic …

The pound’s current moves against the Japanese yen are witnessing a slight upward slope after setting a good support floor near 148.60. On the technical side, despite the bullish bias, we tend to be negative depending on the continuation of the negative pressure coming from the 50-day moving average, in …

Negative trading continues to pressure the pound against the Japanese yen within the expected bearish path after the pair failed to maintain trading above 149.80. On the technical side, we tend to be negative, with stochastic gaining bearish momentum, which is accompanied by the negative pressure from the 50-day moving …

The pound retreated against its Japanese counterpart, a noticeable decline within the expected bearish path, in which we relied on the stability of 151.10 tradings. Technically speaking, we are biased negatively depending on the negative signs coming from the stochastic indicator, in addition to trading below 151.00. We are targeting …

The pound fell against the yen during last Friday’s trading, touching the first target to be achieved, which is located at 150.55, recording its lowest price of 150.27. On the technical side, today there are some positive signs that started appearing on the stochastic indicator, but the 50 day moving …

Negative trading was dominated by the pound’s movement against its Japanese counterpart, after finding a strong resistance level near 152.50. On the technical side, today, we await the occurrence of a bearish tendency during the coming hours, depending on the clear negativity features on the stochastic indicator, in addition to …

The pound maintained positive stability against its Japanese counterpart, after finding a good support floor near the level of 151.20. On the technical side today, and with a closer look at the chart, we find the 50-day moving average is still providing a positive motive, accompanied by the stability of …