Languages

website utilities

 

Follow us:
+1 (646) 48 000 22 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast technical chart
Symbol GBPJPY

Download MT4 template file

Trade Setup

#GBPJPY
Total Profit: 10477 pip
Closed trade(s): 10477 pip Profit
Open trade(s): 0 pip Profit
_______________________________________________
Trade Setup:
We opened 12 BUY trade(s) @ 140.80 (day close price) based on 'Valley' at 2017.08.25 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/G...

Closed Profit:
TP1 @ 142.20 touched at 2017.08.30 with 140 pip Profit.
TP2 @ 145.30 touched at 2017.09.12 with 450 pip Profit.
TP3 @ 147.70 touched at 2017.09.14 with 690 pip Profit.
TP4 @ 151.60 touched at 2017.09.20 with 1080 pip Profit.
TP5 @ 154.70 touched at 2018.01.22 with 1390 pip Profit.
140 + 450 + 690 + 1080 + 1390 = 3750 pip

Closed Profit:
Profit for one trade is 150.41(current price) - 140.80(open price) = 961 pip
7 trade(s) closed at market price as trend direction is changed, therefore total profit will increase by 961 x 7 = 6727 pip
_______________________________________________

DateSun, 02/11/2018 - 16:35
Currentrange bound
Forecastbeginning of downtrend
Last weekBearish
Open155.38
High155.54 on Sun, 02/04/2018 - 22:00
Low148.91 on Fri, 02/09/2018 - 18:30
Close150.41
Description

Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Sell Zone (151.60 to 156.10), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (151.60)
    • Support on 02/07/2018
    • Support on 02/06/2018
    • Support on 12/29/2017
    • Resistance on 12/26/2017
    • Resistance on 12/14/2017
    • Resistance on 12/13/2017
    • Resistance on 12/12/2017
    • Resistance on 12/05/2017
    • Resistance on 12/04/2017
    • Resistance on 11/02/2017
    • Resistance on 11/01/2017
    • Resistance on 09/28/2017
    • Resistance on 09/27/2017
    • Resistance on 09/25/2017
    • Resistance on 09/20/2017
    • Resistance on 09/19/2017
    • Resistance on 09/18/2017
    • Resistance on 09/15/2017
    • Resistance on 06/14/2016
    • Support on 06/10/2016
    • Trough on 04/11/2016
    • Trough on 04/08/2016
    • Trough on 04/07/2016
    • Support on 04/07/2016
  • Ending of entry zone (156.10)
    • Resistance on 02/02/2018
    • Resistance on 02/01/2018
    • Peak on 01/25/2018
    • Resistance on 01/25/2018

Technical analysis:

  • A peak is formed in daily chart at 156.60 on 02/02/2018, so more losses to support(s) 149.35, 147.75, 145.95 and more depths is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 39.

Take Profits:

  1. 149.35
    • Support on 12/15/2017
    • Resistance on 11/28/2017
    • Resistance on 11/21/2017
    • Resistance on 11/20/2017
    • Resistance on 11/17/2017
    • Resistance on 11/16/2017
    • Resistance on 11/15/2017
    • Support on 10/31/2017
    • Support on 10/25/2017
    • Resistance on 10/19/2017
    • Resistance on 10/13/2017
    • Resistance on 10/05/2017
    • Support on 10/03/2017
    • Support on 10/02/2017
  2. 147.75
    • Support on 11/28/2017
    • Support on 11/27/2017
    • Support on 11/24/2017
    • Support on 11/23/2017
    • Support on 11/20/2017
    • Support on 10/19/2017
    • Support on 10/18/2017
    • Support on 10/17/2017
    • Support on 10/12/2017
    • Support on 10/11/2017
    • Support on 10/10/2017
    • Support on 10/05/2017
    • Resistance on 09/14/2017
    • Resistance on 07/17/2017
    • Resistance on 07/11/2017
    • Resistance on 07/07/2017
    • Resistance on 05/09/2017
    • Resistance on 12/15/2016
    • Support on 06/17/2016
    • Support on 06/16/2016
    • Support on 08/07/2013
    • Support on 06/17/2013
    • Support on 06/13/2013
    • Resistance on 02/12/2013
    • Resistance on 02/11/2013
    • Resistance on 02/07/2013
    • Support on 01/20/2010
    • Support on 01/18/2010
    • Support on 01/07/2010
    • Resistance on 11/25/2009
    • Support on 11/19/2009
    • Support on 11/04/2009
    • Support on 11/03/2009
    • Support on 10/30/2009
    • Support on 10/29/2009
  3. 145.95
    • Resistance on 08/01/2017
    • Resistance on 07/31/2017
    • Resistance on 07/27/2017
    • Resistance on 07/26/2017
    • Resistance on 07/25/2017
    • Resistance on 07/20/2017
    • Support on 07/18/2017
    • Support on 07/14/2017
    • Resistance on 06/29/2017
    • Support on 05/16/2017
    • Support on 05/12/2017
    • Support on 05/11/2017
    • Resistance on 12/13/2016
    • Resistance on 12/12/2016
    • Resistance on 12/05/2016
    • Peak on 04/27/2010
    • Peak on 04/26/2010
  4. 144.45
    • Resistance on 08/08/2017
    • Support on 08/03/2017
    • Support on 07/25/2017
    • Support on 05/25/2017
    • Support on 05/24/2017
    • Support on 05/23/2017
    • Resistance on 05/01/2017
    • Resistance on 04/28/2017
    • Resistance on 01/30/2017
    • Resistance on 01/27/2017
    • Resistance on 01/26/2017
    • Resistance on 01/05/2017
    • Resistance on 01/04/2017
    • Resistance on 01/03/2017
    • Resistance on 01/02/2017
    • Resistance on 12/30/2016
    • Resistance on 12/28/2016
    • Resistance on 12/27/2016
  5. 142.20
    • Resistance on 09/04/2017
    • Resistance on 08/17/2017
    • Support on 08/09/2017
    • Support on 06/27/2017
    • Resistance on 06/26/2017
    • Resistance on 06/20/2017
    • Resistance on 06/19/2017
    • Resistance on 06/16/2017
    • Support on 06/08/2017
    • Support on 06/02/2017
    • Support on 05/31/2017
    • Support on 05/30/2017
    • Support on 05/29/2017
    • Support on 05/26/2017
    • Resistance on 02/22/2017
    • Resistance on 02/16/2017
    • Resistance on 02/10/2017
    • Resistance on 01/23/2017
    • Resistance on 01/20/2017
    • Resistance on 01/19/2017
    • Support on 01/05/2017
    • Support on 12/29/2016
    • Resistance on 07/21/2016
    • Resistance on 07/15/2016
    • Resistance on 07/14/2016
  6. 139.30
    • Support on 08/24/2017
    • Trough on 08/24/2017
    • Support on 08/23/2017
    • Support on 06/15/2017
    • Support on 06/14/2017
    • Support on 06/09/2017
    • Resistance on 04/19/2017
    • Resistance on 04/18/2017
    • Resistance on 03/28/2017
    • Resistance on 03/27/2017
    • Support on 03/17/2017
    • Support on 03/16/2017
    • Support on 03/15/2017
    • Support on 03/14/2017
    • Support on 03/13/2017
    • Support on 03/10/2017
    • Support on 03/06/2017
    • Support on 02/28/2017
    • Support on 02/27/2017
    • Support on 02/24/2017
    • Trough on 11/30/2009
    • Trough on 11/27/2009
  7. 136.90
    • Resistance on 04/17/2017
    • Support on 04/07/2017
    • Support on 04/04/2017
    • Support on 01/17/2017
    • Support on 01/16/2017
  8. 132.30
    • Resistance on 10/05/2016
    • Resistance on 09/29/2016
    • Peak on 06/20/2011
    • Peak on 06/17/2011
    • Peak on 06/16/2011
    • Peak on 06/15/2011
    • Peak on 06/14/2011
  9. 129.60
    • Support on 11/09/2016
    • Resistance on 11/07/2016
    • Resistance on 11/04/2016
    • Support on 09/27/2016
    • Support on 09/26/2016
    • Support on 08/16/2016
    • Support on 07/08/2016
    • Support on 07/07/2016
    • Support on 07/06/2016
    • Resistance on 11/19/2012
    • Resistance on 11/02/2012
    • Peak on 11/02/2012
    • Resistance on 10/26/2012
    • Resistance on 10/25/2012
    • Peak on 10/25/2012
    • Resistance on 05/08/2012
    • Resistance on 05/07/2012
    • Support on 05/03/2012
    • Support on 05/02/2012
    • Resistance on 04/13/2012
    • Resistance on 04/10/2012
    • Support on 04/05/2012
    • Resistance on 03/09/2012
    • Resistance on 03/06/2012
    • Resistance on 03/05/2012
    • Resistance on 03/02/2012
    • Resistance on 03/01/2012
    • Resistance on 02/29/2012
    • Resistance on 02/27/2012
    • Resistance on 08/04/2011
    • Resistance on 06/27/2011
    • Support on 06/21/2011
    • Support on 06/16/2011
    • Support on 06/10/2011
    • Support on 03/15/2011
    • Support on 03/14/2011
    • Support on 01/26/2011
    • Support on 01/25/2011
    • Support on 01/12/2011
    • Resistance on 01/07/2011
    • Resistance on 12/22/2010
    • Support on 12/20/2010
    • Support on 12/07/2010
    • Support on 12/06/2010
    • Support on 12/03/2010
    • Support on 11/30/2010
    • Resistance on 11/02/2010
    • Resistance on 11/01/2010
    • Resistance on 10/27/2010
    • Resistance on 10/19/2010
    • Support on 10/14/2010
    • Resistance on 09/14/2010
    • Resistance on 09/13/2010
    • Resistance on 09/10/2010
    • Resistance on 09/07/2010
    • Support on 09/03/2010
    • Support on 09/02/2010
    • Support on 08/25/2010
    • Support on 08/24/2010
    • Support on 05/25/2010
    • Support on 05/24/2010
    • Support on 05/19/2010
    • Support on 05/06/2010
    • Support on 02/17/2009
    • Support on 02/16/2009
    • Support on 02/13/2009
    • Support on 02/12/2009
    • Support on 02/11/2009
    • Resistance on 02/04/2009
    • Resistance on 02/03/2009
    • Resistance on 02/02/2009
    • Resistance on 01/29/2009
    • Resistance on 01/28/2009
    • Support on 01/15/2009
    • Support on 12/31/2008
    • Support on 12/30/2008
  10. 125.50
    • Support on 10/13/2016
    • Support on 10/07/2016
    • Support on 10/15/2012
    • Support on 10/12/2012
    • Support on 10/08/2012
    • Support on 10/01/2012
    • Support on 09/28/2012
    • Support on 09/27/2012
    • Support on 09/26/2012
    • Resistance on 09/13/2012
    • Resistance on 09/12/2012
    • Resistance on 09/11/2012
    • Resistance on 09/10/2012
    • Resistance on 08/22/2012
    • Resistance on 08/21/2012
    • Peak on 07/06/2012
    • Peak on 07/05/2012
    • Peak on 07/04/2012
    • Peak on 07/03/2012
    • Resistance on 07/03/2012
    • Peak on 07/02/2012
    • Resistance on 07/02/2012
    • Resistance on 06/29/2012
    • Resistance on 06/25/2012
    • Resistance on 06/22/2012
    • Resistance on 06/21/2012
    • Resistance on 06/20/2012
    • Support on 05/22/2012
    • Resistance on 11/08/2011
    • Resistance on 11/07/2011
    • Resistance on 11/04/2011
    • Resistance on 11/03/2011
    • Resistance on 11/02/2011
    • Support on 08/24/2011
    • Support on 08/09/2011
    • Support on 08/03/2011
    • Support on 08/02/2011
    • Support on 08/01/2011
    • Support on 07/13/2011
    • Resistance on 07/13/2011
  11. 116.80
    • Support on 10/06/2011
    • Trough on 09/28/2011
    • Trough on 09/27/2011
    • Trough on 09/26/2011
    • Trough on 09/23/2011
    • Support on 09/23/2011
    • Trough on 09/22/2011

Latest forecasts
Symbol Released Current Forecast
GBPJPY Sat, 17 Feb 2018
GBPJPY Sun, 11 Feb 2018
GBPJPY Sat, 3 Feb 2018
GBPJPY Sun, 28 Jan 2018
GBPJPY free Sat, 20 Jan 2018