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Personally, I like using the MACD and Stoch indicators, in order to predict the closing price of the EURJPY on the June 1st. Last year, the trend of the pair is bearish during the first 26 weeks, and bullish during the next 26 weeks. Almost surely, the bearish trend shall repeat this year. The Stoch (14, 3, 3) setup strongly confirms the repetation of the trend. If so, then the closing price of the pair shall touch 110.13 on the next June 1st.
fxofnibiz's Blog
EURJPY: The market will say, "I am strong"
The Ichimoku (7, 22, 44) and Stochs (14, 3) indicators are used here in order to help forecasting the closing rate in the next August 1. As shown on the weekly chart of the pair, the price was above Kumo. Assuming that in the next August the trend still going up, then the price will hit or touch 133.91. In other words, the market will say, "I am strong".