{"id":35285,"date":"2020-10-12T11:25:42","date_gmt":"2020-10-12T07:25:42","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=35285"},"modified":"2020-10-12T11:27:59","modified_gmt":"2020-10-12T07:27:59","slug":"gbp-jpy-looking-for-momentum","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gbp-jpy-looking-for-momentum\/10\/12\/tech-analysis\/","title":{"rendered":"GBP\/JPY Looking For Momentum"},"content":{"rendered":"\n<p>The positive trading is trying to dominate the sterling&#8217;s moves against the yen, after it succeeded in establishing a solid support around 136.60.<\/p>\n\n\n\n<p>Technically, we are biased towards the positive, given the positive crossover signals from the stochastic indicator on the 240-minute time frame.<\/p>\n\n\n\n<p>Therefore, the bullish bias is likely, provided that the breach of 137.60 is confirmed, which strengthens the chances of the upside towards 138.00.<\/p>\n\n\n\n<p>On the downside, staying below 139.60 will negate the suggested scenario and put the price under negative pressure, with initial targets of 136.35 that may extend later towards 135.90. Caution: Risk may be high<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>S1:\u00a0<strong><strong><strong><strong><strong>136.95<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R1: <strong><strong><strong><strong><strong>138.00 \u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr><tr><td><strong>S2:<\/strong>\u00a0<strong><strong><strong><strong><strong><strong>136.35\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R2:<\/strong>\u00a0<strong><strong><strong><strong><strong><strong>138.45 \u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr><tr><td><strong>S3:\u00a0<strong><strong><strong><strong><strong>135.90\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R3: <strong><strong><strong><strong><strong>139.05\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The positive trading is trying to dominate the sterling&#8217;s moves against the yen, after it succeeded in establishing a solid support around 136.60. Technically, we are biased towards the positive, given the positive crossover signals from the stochastic indicator on the 240-minute time frame. Therefore, the bullish bias is likely, provided that the breach of &hellip;<\/p>\n","protected":false},"author":9,"featured_media":35296,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7222,7167],"class_list":["post-35285","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-analysis","tag-yen"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=35285"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35285\/revisions"}],"predecessor-version":[{"id":35298,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35285\/revisions\/35298"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/35296"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=35285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=35285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=35285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}