GBP/JPY ending a corrective phase

GBP/JPY ending a corrective phase

GBP/JPY has been trapped in a bearish correction Since December 8th highs and now it’s testing the 200 SMA at H1 chart. Also, the pair has touched a demand zone established between the 50% and 65% levels at 150.18 and 149.21 respectively. If it manages to rebound above that area, the next target should be placed at the -23.6% level at 154.91.

RSI indicator remains in the neutral territory, calling for further sideways in the next hours before to make a decisive move.



Oil is in the arena

Oil is always the hottest topic. Other markets may be steady, however, the oil one never is.



Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera