GBP/JPY tests 50– hour SMA - Technical Analysis - Dukascopy Bank
Wed, 12 May 2021 07:40:21 GMT
Source: Dukascopy Bank SA
Positions
Today
Yesterday
Change
Longs
30%
28%
4.2%
Shorts
70%
72%
-1.8%
Indicator
4H
1D
1W
MACD(12;26;9)
Buy
Buy
Buy
RSI(14)
Neutral
Neutral
Sell
Stochastic(5;3;3)
Neutral
Sell
Neutral
Alligator(13;8;5)
Buy
Buy
Buy
SAR(0.02;0.2)
Buy
Buy
Sell
Aggregate
⇗
⇗
⇒
The Pound Sterling declined by 44 pips or 0.29% against the Japanese Yen on Tuesday. The decline was stopped by the 50– hour simple moving average during yesterday's trading session.
The 50– hour SMA could propel the currency pair higher during the following trading session.
However, if the exchange rate breaks the support line formed by the 50– hour moving average, bearish traders might target the support level at 152.20 within this session.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
For further information regarding potential cooperation, please call us or make callback request.
To learn more about Dukascopy Bank Binary Options
/ Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Business Introducer and other trading related information, please call us or make callback request.
For further information regarding potential cooperation, please call us or make callback request.