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EURJPY RISING!!

P3tr4 Posted 22 July as Analysis on EUR/JPY, Target: 132.65, Date: 1st of September, 12:00 GMT  in #Technical analysis #EUR/JPY #Market Trend #Stochastic Indicator #Monthly Chart #Weekly Chart #Currency Markets
Trading concept:
Stochastic indicator and price action are the only indicators used.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
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EURJPY FALLING!!

P3tr4 Posted 23 June as Analysis on EUR/JPY, Target: 122.50, Date: 1st of August, 12:00 GMT  in #Technical analysis #EUR/JPY #Market Trend #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:
Stochastic indicator and price action are the only indicators used.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
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EURJPY RISING!!

P3tr4 Posted 30 May as Analysis on EUR/JPY, Target: 124.50, Date: 3rd of July, 12:00 GMT  in #Technical analysis #EUR/JPY #Eurjpy #Market Trend #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:Stochastic indicator and price action are the only indicators used on weekly and monthly charts.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short. When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below…
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3 Comments
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P3tr4 19 June

In line with my prediction, eurjpy has continued heading up. It is already within striking distance of my prediction. The yen is losing value very quickly, due to the bank of Japan stance on weakening its currency to promote trade and boost business activity.

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P3tr4 21 June

Stoch indicator is turned up, even though it is in over-bought region. The daily candle is very bullish, meaning there is still room upwards before this market turns down. Eurjpy is trending up, but my prediction could come into play after this bullish run.

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P3tr4 23 June

Eurjpy is testing the daily resistance, and if it manages to close above this level, then 126 would be the next logical stop. The stoch indicator is clearly over-bought, but this could be an opportunity to go long, as the bullish run may not be over yet.

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EURJPY FALLING!!

P3tr4 Posted 14 Apr. as Analysis on EUR/JPY, Target: 114.55, Date: 1st of June, 12:00 GMT  in #Technical analysis #EUR/JPY #Eurjpy #Market Trend #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:Stochastic indicator and price action are the only indicators used. When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below 20, the trend is bearish with …
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EURJPY RISING!!

P3tr4 Posted 27 Mar. as Analysis on EUR/JPY, Target: 118.06, Date: 1st of May, 12:00 GMT  in #Technical analysis #EUR/JPY #Eurjpy #Market Trend #Stochastic Indicator #Monthly Chart #Currency Market #Weekly Chart
Trading concept:
Stochastic indicator and price action are the only indicators used. When stochastic crosses up,
we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such
areas are overbought areas. So predictions at this point could also be bullish, but bearish
predictions are a good possibility here also. Same applies for when stochastic is below 20,
the rend is bearish wit…
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EURJPY RISING!!

P3tr4 Posted 28 Feb. as Analysis on EUR/JPY, Target: 122, Date: 3rd of April, 12:00 GMT  in #Technical analysis #EUR/JPY #Eurjpy #Monthly Chart #Eurjpy Weekly Chart

BULLISH TREND
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1 Comments
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P3tr4 12 Mar.

Update 1: Unfortunately, I didnt have time to give a detailed description of my analysis, but a picture is worth a thousand words. This prediction was made with the a bullish euro market in mind. After getting to 124, any decline is to be viewed as a corrective wave before going back up. The current quote is 122.62, 62 pips away from my price.

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Spinning top on the eurjpy!!

P3tr4 Posted 30 June as Analysis on EUR/JPY, Target: 127.0000, Date: 3rd of August, 12:00 GMT  in #Technical analysis #Euro #EUR/JPY #Candlestick Analysis
There is a spinning top forming on the eurjpy monthly chart.
General expectations are that the market will close like this and we see a strong decline on the eurjpy.
The decline has been on since November.
MACD is still below zero.
Whether the support below will hold remains to be seen.
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EURjpy to go up

P3tr4 Posted 27 Feb. as Analysis on EUR/JPY, Target: 138.8900, Date: 1st of April, 12:00 GMT  in #Technical analysis #EUR/JPY #Eurjpy #Yen Policy #Weak Euro
The Bank of Japan policy to continue to weaken the japanese yen is still active. So even with the weak euro, i still expect the euro to gain over the yen.
Indicators used:
Stochastics (default setting)
Bollinger bands (default setting)
The daily chart is showing some tightening of the bollinger bands, with the stochastic indicator crossing up, signaling bullish momentum.
The indicator is also above the 50 mark, which is good for more bullish action.
Weekly chart is also showing some rise in th…
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Yen pairs to continue gains into february

P3tr4 Posted 30 Jan. as Analysis on EUR/JPY, Target: 128.0000, Date: 2nd of March, 12:00 GMT  in #Technical analysis #EUR/JPY #Yen #Eurjpy
Indicators:
Bollinger bands
Stochastic indicator
The yen currency has been strong since the year 2015 began, i am looking at the trend to continue.
Target for the EURJPY is 128.
From 148, currently at 132.70.
i see more room for price to go down.
price pull back to 134 and is already on its way down again. Selling all euro rallies looks like a good plan going into the next month.
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EURo to take pairs higher!!

P3tr4 Posted 12 Dec. as Analysis on EUR/JPY, Target: 153.0000, Date: 2nd of February, 12:00 GMT  in #Technical analysis #EUR/JPY #Eurjpy #Bulls
From the chart below, the pair is currently bouncing up from the bollinger middle line with stochastic indicator below the 50 level. I am expecting the pair to recover, already we can see this is a second day of recovery.
I expect price to break the upper band line and head north. But before then i expect some retracement from the pair. The weekly chart shows some bearish with a sell candle forming. The stochastic indicator is also crossing for a drop.
I expect a drop before a subsequent climb t…
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