Consolidating Thursday presents us with GBP/JPY & CAD/JPY

Hello Traders,

Let’s hit the charts, Thursday seems promising…

 

 

1. GBP/JPY

On the daily chart, the GBP/JPY has just broken out of a critical resistance level (138.661)

We should be looking at 142.792 as the next possible resistance level.

 

 

2. CAD/JPY

Price on the daily chart of the CAD/JPY has started a bullish move towards 83.235 which may most likely be the 1st possible resistance level and if the buyers are still strong, there is a probability that price next stop would be 84.358.

 

We are done for today, check us out again tomorrow for more analysis of some of your favorite pairs.

As always. remain pip-full

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)