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GBP JPY Weekly chart (roadmap)
1) I have been looking for a reversal since May 2010 (yellow circle). It had put a 3 drives and hit a 78.6 and the leg was not as impulsive as previous legs.
2) Will it rally to complete an AB CD to match the previous up yellow leg into a 38.2 / Resistance ?
3) Nice Bat also.
4) Image at: http://charts.dacharts.net/2011-02-13/PipMagnet.png
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Some levels that may help or Hinder
Cable
CEILING: 1.6186
MOB 1.6108
LOC: 1.6064
FLOOR: 1.5955
Gold
CEILING: 1388.18
MOB 1378.01
LOC: 1372.35
FLOOR: 1367.68
CHF/JPY
CEILING: 87.87
MOB 87.27
LOC: 86.98
FLOOR: 86.55
BRENT OIL APRIL
CEILING: 105.35
MOB 104.13
LOC: 103.73
FLOOR: 102.88
EUR/USD
CEILING: 13636/1.3656
MOB 1.3582
LOC: 1.3535
FLOOR: 1.3464
AUD/USD
CEILING: 1.0119
MOB 1.0043
LOC: 1.0015
FLOOR: 0.9972
OIL US march
CEILING: 86.99
MOB 85.05
LOC: 84.65
FLOOR: 83.75
OIL US APRIL
CEILING: 91.50
MOB 87.97
LOC: 87.45
FLOOR: 86.23
USD/CHF
CEILING: 0.9708
MOB 0.9586
LOC: 0.9555
FLOOR: 0.9515
NZD USD
CEILING: 76.29
MOB 75.56
LOC: 75.31
FLOOR: 74.86
SILVER
CEILING: 31.89
MOB 30.73
LOC: 30.25
FLOOR: 29.99
EUR/JPY
CEILING: 114.24
MOB 113.50
LOC: 113.21
FLOOR: 112.75
GBP/JPY
CEILING: 136.65
MOB 134.68
LOC: 134.18
FLOOR: 133.65
DAX
CEILING: 7475.75
MOB 7422.65
LOC: 7401.01
FLOOR: 7355.75
USD /JPY
CEILING: 84.18
MOB 83.66
LOC: 83.45
FLOOR: 83.12
USD/CAD
CEILING: 0.9915
MOB 0.9852
LOC: 0.9825
FLOOR: 0.9785
FTSE
CEILING: 6146.63
MOB 6087.83
LOC: 6067.67
FLOOR: 6019.19
EUR/GBP
CEILING: 84.98
MOB 84.34
LOC: 84.11
FLOOR: 83.22
AUD/JPY
CEILING: 84.48
MOB 83.94
LOC: 83.65
FLOOR: 83.11
EUR/AUD
CEILING: 1.3645
MOB 1.3530
LOC: 1.3485
FLOOR: 1.3411
SPX
CEILING: 1339.68
MOB 1334.98
LOC: 1334.42
FLOOR: 1330.12
Hope it Helps
rgds
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GBP/JPY If Trend Change - Looks Nicely BULLISH?? :idea:
http://www.screencast.com/users/navy...3-cd878922b9e0
Hope it helps
rgds
Zarif
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WOW Not one Fx Posting here For now Since 18th Feb 2011 - so some six odd weeks.
Please any who want Give me a shout on Skype : zarif786 (UK) will gladly add you in my Skype room And also I have a noce Google room taht if you want you can join and we can have rapport and discussions and trade and ideas views sharig etc.
https://groups.google.com/forum/?hl=...rum/zaktraders
Looking forward to seeing all those atht are interested in Trading Fx, Oil ( Us and Brent) Gold Silver ES FTSE DAX - to mention an few
rgds
Zorrro ( aka zarif)
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Lately, we are seeing some strength in Asian currencies including Yen.
http://www.fxnewscall.com/gbpjpy-bri...e-yen/1937259/
GBP/JPY: British Pound Trendless Due To Japanese Yen?