GBPUSD [2016.05.03] Summary

DP
1.4665


Possible DP
1.4540












Daily Info   
High    1.47686
Low    1.45282
Close    1.45331

Pivot Point - Support - Resitances
 Pivot Point       1.46100
 R1       1.46917
 R2       1.48504
 R3       1.49321
 R4      1.50908
 S1      1.44513
 S2       1.43696
 S3       1.42109
 S4       1.41292

GBPUSD [2016.05.02] Summary

DP
1.4615

Possible DP
 1.4670










High    1.46953
Low    1.45807
Close    1.46709


 Pivot Point       1.46490
 R1       1.47172
 R2       1.47636
 R3       1.48318
 R4      1.48782
 S1      1.46026
 S2       1.45344
 S3       1.44880
 S4       1.44198

GBPJPY [2016.05.02] Summary

DP
155.65

Possible DP
156.20

Daily Info
High	156.642
Low	154.867
Close	156.102

Pivot Point Support & Resistance
 Pivot Point       155.870
 R1       156.874
 R2       157.645
 R3       158.649
 R4      159.420
 S1      155.099
 S2       154.095
 S3       153.324
 S4       152.320

GBPJPY [2016.04.28] Summary

[Caveat Emptor]

DP
157.95

Possible DP
160.05
158.95
158.25

Daily Pivot
159.170

Resistance and Support
R1      161.280
R2      164.673
R3      166.783
R4      170.176
S1       155.777
S2       153.667
S3       150.274
S4       148.164

USDJPY Daily Summary - 2016.02.26

 [USDJPY Daily]

[Current Daily Outlook] –Bullish (based on price action)

Daily	2016.02.26
High	113.98200
Low	112.55300
Close	113.97400
Pivot Point And Resistance
Pivot Point		113.50300
R1		113.03200
R2		114.93200
R3		115.88200
S1		113.02400
S2		112.07400
S3		111.59500

Summary:

Pinbar formation last Wednesday and 2 bullish candles would give this pair a bullish bias at the moment. 50, 100, 200 SMA are still showing a bearish bias, but MACD main and signal cross coupled with the angle of how the RSI is sloping up gives us a bullish bias coupled with the PA trade. Possible continuation of the pair’s climb at the moment but we should lookout for the news on Monday (February 29, 2016) and also be wary since it is NFP week.

Possible Entry and Exit:
1.  Go Long 2- 3 pips up from the high of the  February 26 candle SL is 3 pips below the close of low of the candle.

Other Notes:
1. Take note of gaps formed during the weekend.

2. Watch out for the news on both pairs for February 29, 2016.