GBPJPY’s two-month ascent, which has challenged the critical 150.00 psychological hurdle, a near 34-month high, is showing little indication of receding as the commanding upwards picture prevails. The soaring simple moving averages (SMAs) are also defending the positive structure. In spite of the pause in the blue Kijun-sen line, the Ichimoku lines overall are suggesting that the price is determined to gain further ground. The short-term oscillators are conveying mixed signals in directional momentum. The MACD, far above the zero [..]
6 Asset Classes - 16 Trading Platforms - Over 1000 Instruments.