pepy Posted December 22, 2015 Share Posted December 22, 2015 Analysis based on H1 chart, well it seems rebound happened for this pair after failed to closed itself below 131.55 but all indicators tell that the signal is bearih now so there is a potential that price will try to test support once again combined with overcross of Stochastic. Quote Link to comment Share on other sites More sharing options...
pepy Posted December 29, 2015 Author Share Posted December 29, 2015 H1 chart. EJ doesn't make much movement since the opening, only recently show a signal to fall . MACD and Stoch is showing bearish movement with Stochastic already overbought and maybe bring more strong sentiment for this pair to fall deeper, also MA25 has been broken by this pair indicated that sooner there will be a strong movement. Quote Link to comment Share on other sites More sharing options...
pepy Posted January 27, 2016 Author Share Posted January 27, 2016 On H1 chart, breakout successfully break the previous resistance level, but sadly the candle only closed slightly above 128.64. The correction is about to happen this morning and there is big chance of the price may strengthening its position accompanying by Stochastic bullish crossover near oversold area. Quote Link to comment Share on other sites More sharing options...
pepy Posted February 26, 2016 Author Share Posted February 26, 2016 EURJPY on H4 chart seems like will be in bullish, since bullish engulfing pattern formed few hours before accompanied by few bullish candle and also other technical indicators such as RSI, Stoch, and MACD showing a bullish signal, even the price is rising but still be careful that it may lead to overbought area sooner if the price is rise too fast. Quote Link to comment Share on other sites More sharing options...
pepy Posted March 4, 2016 Author Share Posted March 4, 2016 EURJPY tend to rise on H1 chart with the price is moving above pivot level today and the correction of yesterday's bearish. The bullish trend also supported by Stochastic and CCI respectively where it show the price rise to 47 and 8. So, technically this pair may rise to 126.000 or higher but NFP could stomp it. Quote Link to comment Share on other sites More sharing options...
pepy Posted March 14, 2016 Author Share Posted March 14, 2016 On H1 chart, EURJPY seems rise this morning, and it will keep rising to resistance level at 128.64. But bullish potency could hampered if the price now cannot move above MA100 and closed there, but if EJ able to do that i am sure the price would be reach that price especially since KDJ also showing a bullish crossover signal. Quote Link to comment Share on other sites More sharing options...
pepy Posted March 17, 2016 Author Share Posted March 17, 2016 EURJPY on H1 chart seems under bullish sentiment, with RSI(14) showing a bullish trend plus KDJ just formed bullish crossover, also the price is moving above MA25 and MA100. At this moment, the price may rise up to 126.64 as the highest point and resistance level. If cannot break 126.64 may fall again to 126.31 Quote Link to comment Share on other sites More sharing options...
pepy Posted March 29, 2016 Author Share Posted March 29, 2016 H1 chart, EURJPY start to approach MA100 which act as current resistance now, so i expect it will break it. The result of this could drive the price to the higher level 128.35, but at one point if EURJPY failed to break it then the price will fall to 126.80 even cannot recover for this whole day Quote Link to comment Share on other sites More sharing options...
pepy Posted April 12, 2016 Author Share Posted April 12, 2016 On 4 hour chart EURJPY is under bearish pressure, seeing the EMA100 is moving above the current price means bearish over bullish also RSI 14 and MACD saw bearish trend. Only Parabolic SAR which show different trend, it is bullish but overall i recommend for bearish attitude on this chart, for the next target is at around 122.90 - 122.57 Quote Link to comment Share on other sites More sharing options...
pepy Posted April 19, 2016 Author Share Posted April 19, 2016 This pair affected by Yen's weakening which is pretty significant thus the price now only rally but it seems that this movement won't be like that for long, if based on KDJ which starting to form a crossover looks a like near overbought zone and RSI(14) confirmed the same thing. For now the trend seems push this pair to rise but i think after Tokyo session end, that time for bearish. Quote Link to comment Share on other sites More sharing options...
pepy Posted April 28, 2016 Author Share Posted April 28, 2016 EURJPY on H1 chart successfully rose and closed above resistance point at 126.00. This current position which above resistance, opening more chance to EURJPY to continously rise. I predict this pair will strengthening to around 127.45 or for the good cases to higher level. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 9, 2016 Author Share Posted May 9, 2016 EURJPY on H1 chart last week formed hammer candle and there is possibility that this morning bullish sentiment may continue as the part of correction whic may target the price at 123.48 or even to 125.00 if the sentiment or correction is strong enough in this week. But overall bullish may dominate for today. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 16, 2016 Author Share Posted May 16, 2016 EURJPY on H1 chart seen to climb to the higher price which is at 123.17 or up to 123.35 . KDJ is showing an crossover bullish signal which means the price is start to fluctuate with the price is above EMA50. But i think if the price touch those price limit, it may push the price back down to 122.63 Quote Link to comment Share on other sites More sharing options...
pepy Posted May 18, 2016 Author Share Posted May 18, 2016 On H1 chart, Stochastic lines is moving towards upper level means bullish, MACD in green zone means bullish, and KDJ line which showing an upward line, only RSI(14) which is at level 47 = there is bearish chance for this pair even actually bullish still domainte. I think today EJ is under limited bullish sentiment. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 24, 2016 Author Share Posted May 24, 2016 EURJPY's price on H1 chart turn around after successfully touch swing cloud yesterday, so the price's tendency to go down still able to continue for a while. Today, it is predicted that the price will continue that bearish movement as other indicators such as KDJ and MACD indicated the target is at 122.00 Quote Link to comment Share on other sites More sharing options...
pepy Posted May 27, 2016 Author Share Posted May 27, 2016 EURJPY failed to hold its position above the area of 123.00 on 1 hour time frame, the price is also moving below middle band indicated bearish movement. Rsi (14) dropped to area of 49. Stochastic also dropped to the area of 57. Overall the bias for the price is limited bearish movement. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 2, 2016 Author Share Posted June 2, 2016 Sma (10) ascend and cut the middle band on EURJPY's one hour time frame. Rsi (14) and Stochastic both ascend to 45 and 56 indicated bullish sentiment. Macd (12,26,9) on other hand indicated low higher, so overall the bias is bullish limited and if can't break resistance level it may corrected. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 3, 2016 Author Share Posted June 3, 2016 Doji formed on EURJPY's pair 30 minutest frame. The price just break upper band and closed above middle band. Other indicators such as RSI (14) seems rise to level 50. Stochastic (5,3,3) ascend to level 67. Macd (12,26,9) formed a lower high. Overall this strong bullish bias may go towards 122.20. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 9, 2016 Author Share Posted June 9, 2016 EURJPY on H1 frame chart observed to turn around and fall to around psychological level at 122.00 whch also become the upper band, other indicators indicated bearish trend with RSI fell to around level 52 and Stoch fall to around level 56. Macd (12,26,9) forms higher lows formation thus the price may ended up fall further. Bias is strong enough to pull the price to support at 121.00. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 13, 2016 Author Share Posted June 13, 2016 Daily chart. It seems three inside down pattern formed on EURJPY chart and yesterday's closing price is below lower band. Stoch seen fall to the area around 18. RSI (14) fall to the area around 30, and Macd (12,26,9) forms lowers low.If the price closed below 119, then price may fall further up to 118.00. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 20, 2016 Author Share Posted June 20, 2016 Just like the prediction of USDJPY , EURJPY still bearish according to KDJ and EMA25, but with EU there could problem this week with UK's referendum so still be careful, but overall the bearish sentiment still dominate and it seems up to this day it still dominate the market with small resistance, technically i recommend sell but once again be careful with fundamental aspect this week. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 9, 2016 Author Share Posted July 9, 2016 EURJPY observed on formed double bottom patter on 1 hour chart which become the closing trading this week. Overall it is under bullish pressure. Indicator such as Macd (12,26,9) formed lowers high, while Stochastic (5,3,3) and RSI(14) rise to around level 36 and 43 respectively. This strong bullish bias could drive the price later to pivot at 111.73 or even more to resistance at 112.26 Quote Link to comment Share on other sites More sharing options...
pepy Posted July 15, 2016 Author Share Posted July 15, 2016 Three inside down pattern formed for EURJPY on 15 minutes frame, the price is breaking middle band and expected to close below psychological level at 118.00. Stochastic keep fall to area 16 while RSI fall to around level 48, MACD on the other hand still has few resistance forming higher low. Bias overall is bearish and seem put the target on 116.84 Quote Link to comment Share on other sites More sharing options...
pepy Posted July 22, 2016 Author Share Posted July 22, 2016 EJ yesterday facing rejection after touch cloud trend, Â thus turned down and formed a bearish candle. RSI (14) observed to fall to level 41 while Stochastic(5,3,3) fall to level 56. The downside movement could continue heading to MA21 back or even further and is not likely to restore the movement of the bearish trend. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 2, 2016 Author Share Posted August 2, 2016 On 1 hour chart, EURJPY today still showing a falling stance and it has been passed level 114.465. MACD gives the signal that the market right now is reached saturation point, other than that Stochastic already show a bullish signal for this one. I predict that the price will rise with support of other indicators to level 114.594. Quote Link to comment Share on other sites More sharing options...
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