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GBP/USD2023-02-09 10:42:58

 

 GBP

GBP/USD Intraday: the upside prevails.

Long positions above 1.2050 with targets at 1.2140 & 1.2170 in extension.
Pivot: 1.2050

Our preference: long positions above 1.2050 with targets at 1.2140 & 1.2170 in extension.

Alternative scenario: below 1.2050 look for further downside with 1.2030 & 1.2010 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:
1.2200
1.2170
1.2140
1.2102 Last
1.2050
1.2030
1.2010

 


USD/JPY2023-02-09 03:52:03

USD/JPY Intraday: bullish bias above 131.00.

9 February 2023, 06:22

 


Long positions above 131.00 with targets at 132.00 & 132.30 in extension.
Pivot: 131.00

Our preference: long positions above 131.00 with targets at 132.00 & 132.30 in extension.

Alternative scenario: below 131.00 look for further downside with 130.65 & 130.35 as targets.

Comment: technically the RSI is above its neutrality area at 50.

Supports and resistances:
132.65
132.30
132.00
131.40 Last
131.00
130.65
130.35

By using our website, you hereby consent to our disclaimer and agree to its terms.

The material on this website has no regard to the specific investment objectives, financial situation, or particular needs of any user. This website is presented solely for informational and entertainment purposes and is not to be construed as a recommendation, solicitation, or an offer to buy or sell / long or short any securities, commodities, cryptocurrencies, or any related financial instruments. Nor should any of its content be taken as investment advice.

www.jmibrokers.com content is not a financial advisor. The views expressed in this video are completely speculative opinions and do not guarantee any specific result or profit. Trading and investing is extremely high risk and can result in the loss of all of your capital. Any opinions expressed in this video are subject to change without notice. www.jmibrokers.com is not under any obligation to update or keep current the information contained herein. www.jmibrokers.com  may have an interest in the securities, commodities, cryptocurrencies, and/or derivatives of any entities referred to in this material.  www.jmibrokers.com accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part of this material. www.jmibrokers.com recommends that you consult with a licensed and qualified professional before making any investment or trading decisions.

High Risk Investment Warning: Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the products offered by JMI Brokers you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. JMI Brokers provides general advice that does not take into account your objectives, financial situation or needs. The content of this Website must not be construed as personal advice. JMI Brokers recommends you seek advice from a separate financial advisor.
All opinions, news, analysis, prices, or other information contained on this website are provided as general market commentary and does not constitute investment advice, nor a solicitation or recommendation for you to buy or sell any over-the-counter product or other financial instrument.


GBP/USD2023-02-09 03:49:48

GBP/USD Intraday: key resistance at 1.2110.

9 February 2023, 06:19

 


Short positions below 1.2110 with targets at 1.2050 & 1.2030 in extension.
Pivot: 1.2110

Our preference: short positions below 1.2110 with targets at 1.2050 & 1.2030 in extension.

Alternative scenario: above 1.2110 look for further upside with 1.2140 & 1.2170 as targets.

Comment: as long as 1.2110 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:
1.2170
1.2140
1.2110
1.2078 Last
1.2050
1.2030
1.2010

 

By using our website, you hereby consent to our disclaimer and agree to its terms.

The material on this website has no regard to the specific investment objectives, financial situation, or particular needs of any user. This website is presented solely for informational and entertainment purposes and is not to be construed as a recommendation, solicitation, or an offer to buy or sell / long or short any securities, commodities, cryptocurrencies, or any related financial instruments. Nor should any of its content be taken as investment advice.

www.jmibrokers.com content is not a financial advisor. The views expressed in this video are completely speculative opinions and do not guarantee any specific result or profit. Trading and investing is extremely high risk and can result in the loss of all of your capital. Any opinions expressed in this video are subject to change without notice. www.jmibrokers.com is not under any obligation to update or keep current the information contained herein. www.jmibrokers.com  may have an interest in the securities, commodities, cryptocurrencies, and/or derivatives of any entities referred to in this material.  www.jmibrokers.com accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part of this material. www.jmibrokers.com recommends that you consult with a licensed and qualified professional before making any investment or trading decisions.

High Risk Investment Warning: Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the products offered by JMI Brokers you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. JMI Brokers provides general advice that does not take into account your objectives, financial situation or needs. The content of this Website must not be construed as personal advice. JMI Brokers recommends you seek advice from a separate financial advisor.
All opinions, news, analysis, prices or other information contained on this website are provided as general market commentary and does not constitute investment advice, nor a solicitation or recommendation for you to buy or sell any over-the-counter product or other financial instrument.


GBP/USD2023-02-06 10:19:18

 

6 February 2023, 10:21

     

GBP/USD Intraday: under pressure.

Short positions below 1.2100 with targets at 1.2000 & 1.1960 in extension.
Pivot: 1.2100

Our preference: short positions below 1.2100 with targets at 1.2000 & 1.1960 in extension.

Alternative scenario: above 1.2100 look for further upside with 1.2145 & 1.2185 as targets.

Comment: as long as the resistance at 1.2100 is not surpassed, the risk of the break below 1.2000 remains high.

Supports and resistances:
1.2185
1.2145
1.2100
1.2061 Last
1.2000
1.1960
1.1920

 


GBP/USD2022-11-21 04:25:14

GBP/USD Intraday: under pressure.

21 November 2022, 06:11

 


Short positions below 1.1900 with targets at 1.1820 & 1.1785 in extension.
Pivot: 1.1900

Our preference: short positions below 1.1900 with targets at 1.1820 & 1.1785 in extension.

Alternative scenario: above 1.1900 look for further upside with 1.1925 & 1.1950 as targets.

Comment: a break below 1.1820 would trigger a drop towards 1.1785.

Supports and resistances:
1.1950
1.1925
1.1900
1.1854 Last
1.1820
1.1785
1.1760

 

By using our website, you hereby consent to our disclaimer and agree to its terms.

The material on this website has no regard to the specific investment objectives, financial situation, or particular needs of any user. This website is presented solely for informational and entertainment purposes and is not to be construed as a recommendation, solicitation, or an offer to buy or sell / long or short any securities, commodities, cryptocurrencies, or any related financial instruments. Nor should any of its content be taken as investment advice.

www.jmibrokers.com content is not a financial advisor. The views expressed in this video are completely speculative opinions and do not guarantee any specific result or profit. Trading and investing is extremely high risk and can result in the loss of all of your capital. Any opinions expressed in this video are subject to change without notice. www.jmibrokers.com is not under any obligation to update or keep current the information contained herein. www.jmibrokers.com  may have an interest in the securities, commodities, cryptocurrencies, and/or derivatives of any entities referred to in this material.  www.jmibrokers.com accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part of this material. www.jmibrokers.com recommends that you consult with a licensed and qualified professional before making any investment or trading decisions.

High Risk Investment Warning: Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the products offered by JMI Brokers you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. JMI Brokers provides general advice that does not take into account your objectives, financial situation or needs. The content of this Website must not be construed as personal advice. JMI Brokers recommends you seek advice from a separate financial advisor.
All opinions, news, analysis, prices or other information contained on this website are provided as general market commentary and does not constitute investment advice, nor a solicitation or recommendation for you to buy or sell any over-the-counter product or other financial instrument.