AUDCAD.ecn
 
0.96709/ 0.96719
CADCHF.ecn
 
0.77329/ 0.77339
AUDCHF.ecn
 
0.74771/ 0.74781
AUDJPY.ecn
 
84.8440/ 84.8490
AUDNZD.ecn
 
1.10720/ 1.10730
AUDUSD.ecn
 
0.76284/ 0.76294
CADJPY.ecn
 
87.7370/ 87.7430
CHFJPY.ecn
 
113.476/ 113.486
GBP/JPY bears remain unobstructed

GBP/JPY bears remain unobstructed

16 September 2016, 23:00

The hourly ADX(14) has just crossed above 50, emerging from below the 30 levels where it has been seen during the previous market session.

This is a less frequent technical set-up which suggests the GBP/JPY pair should be on its way to achieve further lows the days ahead.

Caution is advised on a possible overshoot threat to the falling 200-SMA, now printing above the recent close.

GBP/JPY 0001-01-01T00:00:00
0/0 (0%)
H0 L0

S3 S2 S1 R1 R2 R3
133.37901306152 133.51000976562 133.75300598144 134.12699890136 134.25799560546 134.50099182128
Trend Index OB/OS Index
Bearish Oversold

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