| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro- Silver Daily Outlook

FxWirePro:EUR/AUD capped key fibo,bears set to regain control

FxWirePro: GBP/NZD extends drop, faces 23.6%fib support

FxWirePro- BTCUSD Daily Outlook

FxWirePro- ARUSD (Chart of the day)

FxWirePro- Crude oil Daily Outlook

FxWirePro- Major Pair levels and bias summary

FxWirePro- Gold Daily Outlook

FxWirePro: GBP/NZD pauses decline, downside risk remains

FxWirePro- LINKUSD (Chart of the day)

FxWirePro:EUR/AUD dips below lower range, bearish bias increases

FxWirePro:EUR/NZD hits two month low, more downside expected

FxWirePro- Silver Daily Outlook

FxWirePro- Crude oil Daily Outlook

FxWirePro- Ethereum Daily Outlook

FxWirePro: EUR/AUD downside pressure builds, key support level in focus

FxWirePro:EUR/NZD outlook weaker on renewed downside pressure

©Econometrics LLC . All Rights Reserved.

FxWirePro: GBPJPY recovers on upbeat UK retail sales data, good to sell on rallies

Thursday, June 14, 2018 9:21 AM UTC

GBP/JPY recovered slightly after upbeat UK retail sales data. UK retail sales data came at 1.3% for the month of May compared to forecast of 0.5%. GBP/JPY jumped almost 50 pips from the low of 147.25. It is currently trading around 147.79.
Technically the pair is facing strong resistance around 148.11 high made on Jun 7th 2018.Any break above 148.11 confirms further bullishness and a jump till 149.80/150/151.55 is possible.
On the lower side, major weakness only below 146 level and any break below will drag the 145/143.20.Overall bullish invalidation only below 143.

It is good to sell on rallies around 147.85-90 with SL around 148.60 for the TP of 146.10.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

FxWirePro- Ethereum Daily Outlook

FxWirePro: GBP/NZD pauses decline, downside risk remains

FxWirePro: EUR/AUD downside pressure builds, key support level in focus

FxWirePro:EUR/NZD hits two month low, more downside expected

America’s Roundup: Dollar mostly flat as market mulls inflation outlook ,Wall Street end mixed, Gold gains, Oil gains 1% on hopes of firmer demand

FxWirePro: GBP/AUD under pressure after early buying dries up

Gaza: what ceasefire negotiations tell us about how each side judges its progress in the war

Delays in western aid have put Ukraine in a perilous position

FxWirePro- Major Pair levels and bias summary

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro: GBPJPY recovers on upbeat UK retail sales data, good to sell on rallies

Editor's Picks

Welcome to EconoTimes