GBP/JPY — Today's target points (for December 10)
■GBPJPY, Daily Target Points
It may temporarily drop to near142.37with +1σ present, but if it then rebounds143we can imagine an attempt to break above it! Yesterday's high around143.10, near +2σ around143.40seems likely.
On the downside, if it breaks below near142.37with +1σ present, there is a risk of moving toward around142.15,142.00, and if it breaks 142, consider around141.85, 50, 30 levelsas potential targets.■GBPJPY, 4-hour Target PointsBollinger Bands are flat, with -2σ (around142.45) and +2σ (around143.13) in focus.As of morning, the 25-day line has also been breached, so initially watch for a drop to around142.45near -2σ.Subsequently, if a reversal occurs and it crosses142.65 to 142.70, then142.90, and if it goes beyond that143.00, near +2σ around143.10 to 143.13, be cautious of selling the rally; if it can hold the 143.x zone, further upside is expected.If it breaks below near142.45with -2σ present, then -3σ near142.30,142.04 to 142.00, and around141.90are possible targets.141.85, 50, 30 levelsas potential targets.
■GBPJPY, 4-hour Target Points
Bollinger Bands are flat, with -2σ (around142.45) and +2σ (around143.13) in focus.
As of morning, the 25-day line has also been breached, so initially watch for a drop to around142.45near -2σ.
Subsequently, if a reversal occurs and it crosses142.65 to 142.70, then142.90, and if it goes beyond that143.00, near +2σ around143.10 to 143.13, be cautious of selling the rally; if it can hold the 143.x zone, further upside is expected.
If it breaks below near142.45with -2σ present, then -3σ near142.30,142.04 to 142.00, and around141.90are possible targets.141.90are possible targets.
Subsequently, if a reversal occurs and it crosses142.65 to 142.70, then142.90, and if it goes beyond that143.00, near +2σ around143.10 to 143.13, be cautious of selling the rally; if it can hold the 143.x zone, further upside is expected.
If it breaks below near142.45with -2σ present, then -3σ near142.30,142.04 to 142.00, and around141.90are possible targets.141.90are possible targets.
☆☆☆ Scatore Fuuta Target Points ☆☆☆
【Sell on Rally Points】
1, around
2, around
3, around
【Pivot Line】※a line that is often watched as a turning point.
around
【Pivot Line】※a line that is often watched as a turning point.
around
【Buy on Dips Points】
1, around
2, around
3, around
※When trading, please do so at your own risk and be careful!
※When trading, please do so at your own risk and be careful!
■Today's Outlook
On the 60-minute chart, it seems to touch near -2σ and rebound, but it has been making lower highs and has breached the 90-day line, so it may fall to the lower-142s for now!?
But today, I still think the bias is bullish for a stable pattern; whether it continues upward or dips and then rebounds, I want to aim for long positions whichever way it goes.
Today is a Goto Day! Will Tokyo time see another rise? Looking forward to it.
※GBPJPY is sensitive to fundamentals, so when it moves quickly, be careful not to go against the flow!
Well then, everyone, let's be cautious and do our best today as well!!
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Scatore Fuuta's Daily Market Bloghttp://fxfighter-fuuta.link/
Scatore Fuuta's Technical Study HPhttp://fx-fuuta.com/
Scatore Fuuta's Twitter@fuuta_fx_trader
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