gbpjpy
Forex Trading: GBPJPY testing the lows from March 26th
The GBPJPY is testing the lows form March 26th. The pair is continued to be pressured from weaker UK housing and bank concerns. The declining stock market is contributing as well. We are moving into the close. The risks over the weekend ...
Forex trading: GBPJPY had no problem with the support level
The GBPJPY had no problem getting through the trendline support will be now watching the corrective moves to see if the support become resistance. 197.55 is the target level on the downside.
Forex Trading: GBPJPY approaching support level at 198.83
The GBPJPY is approaching trendline support at the 198.83 level. The market will be watching this level for initial support. A break would target the lows from the 26th at 197.55.
Forex Trading: GBPJPY at 50% resistance NOW
Forex Trading: GBPJPY at 50% resistance NOW Posted by Greg Michalowski on Tue, 03/18/2008 - 3:24pm in GBPJPY 200.26 is 50 % retreacement and the 100 hour moving average. Key level
FX Data
The strength in the Retail Sales number pushed GBPUSD from 1.9467 to a high of 1.9554 GBPJPY jumped from 209.35 to 210.15 as it looks as though Market was caught short and are now being squeezed. Details of the data: Food Sales +0.7 ...
Forex Trading:USDJPY testing 100 hour moving average
The USDJPY is testing the 100 hour moving average as well at 106.76. GBPJPY and USDJPY both at resistance levels.