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The battle between Fed and ECB

My analysis on the pair will involve several technical indicators, such as BB, RSI, EMA.
As of now (5th of September) the pair is in some bearish trend. The NFP has passed in Friday and it showed worse than expected created jobs so from technical point of view I looked in the 4 hr chart and there was already formed a channel down which means that sometimes technical and fundamental analysis are in anti correlation.
The RSI-100 has already reached level 30 (which is thought to be a level for posi…
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The fall of euro

As we can see on the Daily timeframe there is obvious head and shoulders:
According to the BB we can see that the price has targeted the lower Bolinger which is exactly our target. The hawkish fed will surely increase the rate which will lead to penetration of the round number 1.1
On the weekly chart we can see that the average price is also around 1.11 and it is the medium Bollinger also from the start of the big range (1.08 - 1.16):
Everything which will happen depends on the June's fed's rate…
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The usual price magnet

Hello traders
During last sessions there were signs of strong bullish momentum.
On Daily chart we are still in oversold region despite the last skyrocket euro made (or maybe it was the sinking USD) We have just entered the 100 period EMA and it is a sign of broken resistance, so the possible way is up. This is opposite to the NFP data release (which gave nearly 50% more jobs than it was expected) so it is very hard to be sure in the technical parameters. On weekly chart we can see that the pair…
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Magic number level

Hello traders,
Before making a technical prediction it is necessary to take on account the Fundamental situation.
There are 2 Fundamental factors which have deep impact on the chart figures:
Possible interest rate hike of Fed and
ECB bond buying program
While the second is already announced the first is greatly expected.
We can see on the Daily chart that there is a formation very similar to triple top before the great fall started:
If we look at the present formation of the channel down and the…
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I have made the prediction for 1st of January by mistake but I will keep the prediction for February and possibly will make some tuning during January because it is very possible that this analysis are valid exactly for February

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