Tag Archives: yen

The pound retreated against the yen during the previous session, after finding a strong resistance level around 136.60. On the technical side, the pair started its early trading with a bearish tendency, as the current moves see stability below 136.45, accompanied by upcoming negative crossover signals on the stochastic indicator. …

The British Pound opened its daily trading against the Japanese Yen with a slight upward slope, benefiting from building on a support around 136.15. Technically, looking at the 60-minute chart, we see the moving averages have returned to hold the price with the clear bullish momentum on the stochastic indicator. …

The British Pound against the Japanese Yen failed to confirm the breach of the strong resistance level published during the previous analysis, located around 137.65. On the technical side, the current movements of the pair are witnessing a bearish tendency due to the negative pressure of the 50-day moving average, …

Positive trading dominated the British Pound against its Japanese counterpart, touching the first target to be achieved at 137.30, posting session high at 137.65. On the technical side with the pair’s intraday stability above the psychological barrier of 137.00, which is accompanied by the continued positive motive for the pair …

The pair of Pound against the Yen witnessed a positive slope within the bullish path, as we expected yesterday, and it begins to attack the psychological barrier of 137.00. Technically, we find that the 50-day moving average hold the price in addition to the pair building above the resistance-into-support around …

GBP/JPY managed to achieve the positive outlook, as we expected yesterday, to touch the first target required to be achieved at 137.10, posting high 137.25. Technically, we find that the 50-day moving average holds the price in addition to an intraday consolidation above breached resistance-into-support 135.90 / 136.00. Therefore, we …

Pound was dominated by negative trading against the Japanese Yen within the expected bearish path, shy off the required target of 135.15, posting low at 135.40. Technically, the current movements of the pair are witnessing a bullish tendency, as a result of building a base on support floor of 135.60 …

The British Pound was trading negatively against the Japanese Yen after failing to consolidate above 137.00. Technically, we tend to be negative depending on the negative pressure coming from the 50-day moving average, in addition to intraday trading below 136.30 and the most important 136.70. Therefore, the bearish bias will …

sterling’s moves against the Japanese yen was dominated by positive trading towards the psychological barrier of 137.00, posting high at 137.33. Technically speaking, the current moves are consolidating above 136.50, with the positive motive of the 50-day moving average continuing to hold the price. We tend to be positive, but …

Negative trading returned to dominate the pound’s moves against its Japanese counterpart, negating the positive outlook as we expected, we indicated that the return of trading stability below 139.60 will negate the suggested scenario and put the price under negative pressure with an initial target of 136.35, to record its …