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pepy
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Everything posted by pepy
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GBPUSD trend is pretty much sideways on H1 chart, but remind us that on Friday there were few bullish candle indicated that there will be more bullish opening if there are no fundamental issues later. Beside of that, RSI and Stochastic are quite bullish but MACD is pretty much bearish and Parabolic SAR is moving above near the current candle.
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EU still moving inside of the bearish channel with the potential of this pair's price to falling down is still wide open. It seems that EU will fall once again towards the support key at 1.0600 today, especially with the support from bearish RSI, Stochastic and EMA100. I also see there were bearish candlestick formed before indicated further bearish sentiment.
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GBPJPY in this session has a chance to rebound after touched the support at 142.00. If the price able to reach that support once again there's big potential to rebound once more. At this moment RSI and Stochastic are bullish, but MACD is a bit bearish which indicated a zig zag movement for few hours later especially with other fundamental data.
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Bullish still dominated the market and it is clear as crystal, but until this evening the price still doesn't make much significant movement. CADJPY also still trying to break the support at 86.80, which become another testing. If failed the price may rise to around level 87.28 at most considering that most additional indicators at the moment are bearish.
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EURAUD looks failed to maintain its position above the resistance level at around 1.3880. Prices maybe able to fall back once again this time and is expected to lead to the lower level or at around 1.3840 and could continue to below 1.3800 as psychological level. But if the price rises above resistance back then the pair may rise to resistance at 1.3920.
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EURUSD on H1 chart still make a bullish sentiment especially since the price don't show any sign that it will keep fall deeper and break the pivot line, i even see the bullish engulfing pattern formed in few candles before. RSI and Stochastic both rise to level 61 and level 57 respectively, so it seems this pair will keep rising up to the resistance at 1.0692
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EURAUD on H1 chart seems to be under bearish pressure especially with the price that formed bearish engulfing pattern and failed before to break the pivot line. The current price for this pair now is falling down and seems target the next support at around 1.4145 considering that most indicators are bearish to, leaving only Parabolic SAR which is bullish.
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Based on H4 chart the price of AUDCHF once again strengthening its position and successfully closed its position above EMA100 and Pivot level. Parabolic SAR, RSI, Stochastic, and MACD are giving bullish signal. So based on that condition i predict AUDCHF for the next session has higher expectation to rise around the resistance at 0.7602
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Currently based on H4 chart, EURJPY actually is above the bearish channel, but it seems there is no power that pushed prices to continue strengthening. If this condition continues, it is unlikely the price will go back into the channel and it will open up opportunities for the movement from pivot at 121.74 to 121.19 which act as support.
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On H4 chart it is clear that GBPUSD at the moment is under seller pressure, since the price right now is keep moving below EMA100 and Parabolic SAR also pivot line. Not just that RSI and Stoch indicated bearish sentiment with both fall towards level 45 and level 68, only MACD with its higher high formation that indicated bullish sentiment. So i expected this pair to weakening towards the support at 1.2108
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On H1 chart USDCAD upside movement this morning trying to get out of the pattern of bearish channel but is still hesitant and re-enter at this time. With the current condition then this pair is expected to be back under the pressure from seller and once again expected to fall down up to the support level at 1.3054 or lower.
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CADJPY on H4 chart show that the rice once again surpressed by the seller and the price right now is moving below EMA100 and Parabolic SAR also pivot line. RSI and Stochastic in this chart both fall to level 46 and level 58 respectively, while MACD formed a lower low formation. So it is clear that this pair may fall to around first support at 86.48
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USDCHF unable to hold above pivot level at 1.0105 and fall back this afternoon based on 1 hour timeframe chart. Prices are expected to be back inside the bearish channel and potentially depressed to the support level of 1.0061 to 1.0011. This movement supported by RSI , Stochastic, and Parabolic SAR, while MACD is bullish in this case.
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GBPJPY on H1 chart successfully rise to above pivot line at 139.78 without much problem. But the movement today is exactly in the bearish channel so the price won't be so strong and only up to the resistance level at 140.66. Other indicators such as RSI which fall to level 65 and Stochastic which fall to level 67 is the prove that overall it may fall to the pivot once again as the correction.
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H4 chart saw the price of AUDJPY is under bullish sentiment while the price failed to break pivot line instead rise up higher. RSI and Stochastic in this chart show bearish signal, also with the price keep moving above EMA100 and Parabolic SAR gives bigger indication to fall. I predict it will rise towards the resistance at 86.36
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EURGBP movement until this afternoon still looks sideways but still above the pivot level at 0.8709 so there is still chance for this pair to rise also it seems that RSI and Stochastic are bullish except for MACD but Parabolic SAR still below the candle. If the position of this pair can be maintained above pivot line, it will be likely to strengthen to resistance at 0.8764 or even to the next one at around 0.8800.
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In general, USDJPY is still in the bearish pattern considering that RSI, Stochastic, MACD, and Parabolic SAR are showing a bearish signal for this one . After gaining early market today, is now trying to price falls below pivot at 114.65. If price is able to close below this level, then the potential for downward movement will lead to support level at 113.80.
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EURCHF seems concerned in the movement today. There has been no movement showed a clear trend direction for EC and looked at the price is still at a crossroads between bullish and bearish channel. If there are no major factors that could drive the momentum, the pair is expected only move sideways.
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NZDUSD still not moving until this afternoon, the price seemed just moving flat above pivot level at 0.7094. However, the price movement still appears to be in a bullish channel two days ago and with RSI(14) also Stochastic(5,3,3) bullish signal, so the upside potential could re-open by the target is expected to lead to resistance at 0.7143.
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Although it seems that AUDUSD is keep moving below the bullish channel, but it seems difficult to penetrate pivot since this morning only able approachable only. Currently the price rise again and has chance to rise up to the next resistance at around 0.7523 to 0.7564. But if prices suddenly fell below the pivot level, then the price has the potential to go down to support level at 0.7435.
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Had dropped in the early market, silver bounced up after failing to break the support level at around 16.640. Currently the price is testing pivot at 16.800 and if this testing successful, then this commodity may continue to rise up to around the next resistance at around 16.920 considering that most indicators are showing bullish signal.
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Gold based on 30M chart in this session still try to rise and getting closer to the pivot line at 1197.46, if the price able to rise above pivot line and closed there, the price will rise higher or at around 1204.43 since it is also supported by RSI and Stochastic, even it seems that MACD is bearish and only PSAR which is moving above the candle.
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GBPCHF is strengthening its own position yesterday, but the current position it seems that the price still in bearish channel. My prediction it may fall to around the support at 1.2245 but only if the strengthening position really hampered by pivot at 1.2319, this also considering that RSI, Stochastic, and Parabolic SAR also MACD which are bearish.
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The price is under bullish sentiment but seems hampered by the resistance level at 0.6997 and the price because of that turned around. The correction may happened to around 0.6963, but because NZDUSD is still overall bullish and moreover the candle still inside the bullish channel, then after correction it has potential to rise up to the next resistance at 0.7010
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AUDUSD still moves inside the bullish channel pattern, even the price is keep falling because the price seems to be near the top of the channel. Moreover, RSI and Stoch both seems to fall after overbought indicated bearish reversal or just correction. There is possibility the price will fall towards pivot at 0.7280 first before bounce back to the resistance at 0.7306