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NZD/JPY

W1: revisiting MN-pp (circa 77.0217); below contracting Alligator; AO below zero but growing.
D1: above W-s1 (circa 77.055); below descending Alligator; AO below zero & falling.
My forecast for NZD/JPY on 1st of June, 12:00 GMT: 78.885.
Indicators: Alligator; Awesome oscillator (AO); Pivot point; Narrow range; & vertical line (forecast date).
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NZD/JPY

W1: below descending Alligator; AO below zero & falling.
D1: approaching towards MN-s1 (circa 75.407); below descending Alligator; AO below zero & falling.
My forecast for NZD/JPY on 1st of May, 12:00 GMT: 75.055.
Indicators: Alligator; Awesome oscillator (AO); Pivot point; Narrow range; & vertical line (forecast date).
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NZD/JPY

W1: CK- within cloud, below TK & KJ; price- within cloud, below TK & KJ.
D1: below MN-s1; CK- within cloud, below TK & KJ; price- below green cloud, TK & KJ.
I expect price to fluctuate between s1 & s2 before moving towards the forecast rate.
My forecast for NZD/JPY on 2nd of April, 12:00 GMT: 78.585.
Indicators: Ichimoku (Tenkan=TK, Ki-jun=KJ, Chikou=CK, Senkou A/B=Cloud); Pivot point; Narrow range; & vertical line (forecast date).
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edlim 10 Mar.

NZD/JPY, D1: below MN-pp but crossed above W-pp (circa 76.978); CK- below cloud, TK & KJ; price- below red cloud, between TK & KJ.

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NZD/JPY

Tools:
  • Bollinger Bands (20, 2, 2, ema);
  • Trend lines (diagonal support/resistance);
  • Horizontal lines (support/resistance, Fibonacci levels);
  • Price action/pattern analysis; &
  • Vertical line (forecast date).

Perspective:
  • For the contest period, I'm expecting price fluctuation between the 2 horizontal lines (in "1 week" chart).
  • Weekly (left): Price seeing more selling pressure after making an extended up-swing.
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NZD/JPY

Tools:
  • Bollinger Bands (20, 2, 2, ema);
  • Trend lines (diagonal support/resistance);
  • Horizontal lines (horizontal support/resistance);
  • Price action/pattern analysis; &
  • Vertical line (forecast date).
Perspective:
  • I expect price to fall within the 2 support and resistance lines drawn in "1 week" chart on contest end-time.
  • Weekly (left): Price fluctuating within range from Q1 of 2017.
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edlim 2 Jan.

NZD/JPY chart update (@ D1).

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edlim 6 Jan.

NZD/JPY chart update @ D1.

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edlim 13 Jan.

NZD/JPY chart update @ D1: Price making higher highs; expecting price to revisit the diagonal trendline for the remaining contest duration.

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edlim 20 Jan.

NZD/JPY chart update @ D1: Price consolidating between the 2 drawn zones; expecting price to fluctuate below/around the red trend-line for the remaining duration.

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edlim 25 Jan.

NZD/JPY H4 chart update: Price fluctuating within the 2 zone (also drawn previously on 20th Jan); forming an "expanding wedge" pattern. The blue zone is where forecast rate lies.

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NZDJPY

Tools:
  • Bollinger Bands (20, 2, 2, ema);
  • Trend lines (diagonal support/resistance);
  • Horizontal lines (support/resistance, Fibonacci levels);
  • Price action/pattern analysis; &
  • Vertical line (forecast date).
Perspective:
  • For the contest period, I'm expecting price fluctuation between the 2 horizontal lines (in "1 week" chart).
  • Weekly (left): Price turning downwards to previous lower low.
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edlim 29 Nov.

NZDJPY chart update.

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edlim 19 Dec.

NZDJPY chart update.

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edlim 23 Dec.

NZD/JPY chart update.
Seeing near-term consolidation forming at drawn blue zone; expecting price to re-visit the red zone for the remaining contest duration.

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NZD/JPY

Tools:
  • Bollinger Bands (20, 2, 2, ema);
  • Trend lines (diagonal support/resistance);
  • Horizontal lines (support/resistance, Fibonacci levels); &
  • Vertical line (forecast date).
Perspective:
  • For the contest period, I'm expecting price fluctuation between the 2 horizontal lines (in "1 week" chart).
  • Weekly (left): Price re-attempting up-move.
  • Daily (right): Price tracking higher to pivot zone.
  • My forecast on 1st of December, 12:00 GMT for NZD/JPY: 81.95.
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edlim 4 Nov.

Price amplitude expanded upwards to reach 79 after making a month low on last day of October.

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NZD/JPY

Tools commonly used:
Bollinger chart indicator (20, 2, 2, ema); trend lines, Fibonacci levels, horizontal lines, poly line, & vertical line (forecast date).
Technical Perspective:
For the contest period, I'm anticipating price to move within the 2 drawn lines (found in the "1 week" chart).
Weekly: Near pivot zone.
Daily: Making higher high.
My expected target on 1st of November, 12:00 GMT for NZD/JPY: 80.46.
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edlim 6 Oct.

2) Tracking lower towards 80 after going below 80.5; currently at ~80.16.

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edlim 12 Oct.

3) Price found near-term support at ~79.3; currently at ~79.93.

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edlim 16 Oct.

4) Price making higher high; currently at ~80.07.

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edlim 19 Oct.

5) Made higher high after crossing back above 80.5; currently at around 80.81.

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edlim 24 Oct.

6) Price rebounded from pivot zone at ~79.35; currently at around 79.155.

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NZD/JPY

Tools commonly used:
Bollinger chart indicator; trend lines, Fibonacci levels, horizontal lines, poly line, & vertical line (forecast date).
Technical Perspective:
Within the 2 charts shows my perspective for this pair.
For the contest period, I'm anticipating price to move within the 2 drawn lines (found in the "1 week" chart).
My expected target on 2nd of October, 12:00 GMT for NZD/JPY: 80.089.
The next chart (below) is for easy reference to latest bid price:
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edlim 17 Sep.

4) Found near-term resistance at ~80.36 before tracking downwards; closed week at 79.827.

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edlim 19 Sep.

5) Making higher high after rebound from 79.5; currently at ~81.015.

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edlim 26 Sep.

6) Making lower low after making a high of ~ 82.75; currently at ~80.966.

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edlim 28 Sep.

7) Swing amplitude contraction in progress; currently at ~81.217.

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edlim 29 Sep.

8) Price staying between 81 to 81.65; currently at ~81.267.

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NZD/JPY

Tools commonly used:
Bollinger chart indicator; trend lines, Fibonacci levels, horizontal lines, poly line, & vertical line (forecast date).
Technical Perspective:
Within the 2 charts shows my perspective for this pair.
For the contest period, I'm anticipating price to move within the 2 drawn lines (found in the "1 week" chart).
My expected target on 1st of September, 12:00 GMT for NZD/JPY: 85.238.
The next chart (below) is for easy reference to latest bid price:
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edlim 22 July

1) Price amplitude expanding, within range; currently around 82.797.

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edlim 25 July

2) Price tracking higher to pivot level; currently around 83.10.

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edlim 27 July

3) Price tracking higher; currently around 83.735.

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edlim 28 July

4) Price tracking lower to pivot level; currently around 83.1.

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edlim 29 July

5) Price consolidating near to pivot level; currently around 83.115.

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