We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
Free Trading Guides
EUR/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
USD May Rise on Virus-Hit Q1 GDP Data & Jobless Claims Report
2020-05-28 06:30:00
EUR/USD Technical Analysis: Euro Set to Break 2-Month Range Top?
2020-05-28 02:00:00
Oil - US Crude
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Crude Oil Prices Struggle Despite Market Cheer, Gold Aims Lower
2020-05-27 02:00:00
Crude Oil Prices May Be Plotting a Return to $40/Barrel WTI
2020-05-25 06:00:00
Wall Street
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Dow Rallies as Nasdaq 100 Drops - Swapping Trends or Topping Out?
2020-05-27 18:42:00
S&P 500, Dow Jones Rally Pressing into Zone of Resistance
2020-05-27 12:30:00
Gold
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Gold Price Technical Outlook: XAU/USD Correction Approaching Support
2020-05-27 15:30:00
Gold Price Forecast: May Low on the Radar Amid Negative RSI Slope
2020-05-27 05:00:00
GBP/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
British Pound (GBP) Latest: Brexit Increasingly a Focus for GBP/USD Price
2020-05-28 08:00:00
British Pound (GBP) Latest: GBP/USD Price Breakout Imminent
2020-05-27 08:00:00
USD/JPY
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
EU to Unveil Covid-19 Recovery Fund Plan, Swiss Franc Sinking
2020-05-27 06:30:00
Yen Sank Despite US-China Hong Kong Tensions, USD/JPY May Fall
2020-05-26 23:00:00
More View more
Real Time News
  • $GBPUSD: #China, #HongKong , #Brexit, todo pesa sobre #GBPUSD en su intento de superar 1.23 #trading https://t.co/NtCoq0K3MW
  • #Equities: US futures on the front-foot with market participants returning from their elongated break, which in turn sees the S&P 500 pierce the psychological 3000. Get your #equities market update from @JMcQueenFX here: https://t.co/7O447VkToZ https://t.co/t9KDTYEZsb
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.01%, while traders in US 500 are at opposite extremes with 76.88%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/ylaacf3TiF
  • Heads Up:🇮🇹 Business Confidence due at 08:00 GMT (15min) Expected: 79 Previous: 89.5 https://www.dailyfx.com/economic-calendar#2020-05-28
  • Heads Up:🇮🇹 Consumer Confidence due at 08:00 GMT (15min) Expected: 88.5 Previous: 101 https://www.dailyfx.com/economic-calendar#2020-05-28
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Gold: 0.68% Silver: 0.52% Oil - US Crude: -3.26% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/MtaPeIwu2z
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.12% 🇪🇺EUR: 0.05% 🇳🇿NZD: 0.05% 🇨🇦CAD: -0.03% 🇯🇵JPY: -0.06% 🇦🇺AUD: -0.11% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/EtV764S650
  • Instant risk-off response in markets. #JPY and #USD up. #AUD, #NZD and #SPX futures down. Lets see now if this has follow-through... https://t.co/bQsvaM1MjU
  • China legislator votes to adopt Hong Kong Security Bill
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.93% FTSE 100: 0.87% France 40: 0.85% Wall Street: 0.80% US 500: 0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/7ReTMJsowa
GBPJPY Classic Technical Report 10.18.2012

GBPJPY Classic Technical Report 10.18.2012

2012-10-18 12:05:00
Ilya Spivak, Head Strategist, APAC
Share:

Prices took out resistance at 127.08, a former support level reinforced by the top of a falling channel set from the September 19 swing high. From here the bulls aim to target the top of a larger rising channel, now at 129.82. The 127.08 level has been recast as support, with a turn back below that targeting the 38.2% Fibonacci retracement at 124.98.

GBPJPY_Classic_Technical_Report_10.18.2012_body_Picture_5.png, GBPJPY Classic Technical Report 10.18.2012

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, send a note with subject line "Distribution List" to ispivak@dailyfx.com

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

Related Articles

EUR/USD Technical Analysis: Euro Set to Break 2-Month Range Top?
EUR/USD Technical Analysis: Euro Set to Break 2-Month Range Top?
2020-05-28 02:00:00
Gold Price Technical Outlook: XAU/USD Correction Approaching Support
Gold Price Technical Outlook: XAU/USD Correction Approaching Support
2020-05-27 15:30:00
Canadian Dollar Forecast: Loonie Makes a Break for It - Key Levels for CAD/JPY & USD/CAD
Canadian Dollar Forecast: Loonie Makes a Break for It - Key Levels for CAD/JPY & USD/CAD
2020-05-27 15:00:00
EUR/JPY Price Forecast: Bulls Retake Momentum
EUR/JPY Price Forecast: Bulls Retake Momentum
2020-05-27 14:00:00
Advertisement

Rates

GBP/JPY
Bearish
News & Analysis at your fingertips.