Блог fxofnibiz
EURo Pound shall be bullish
. To analyze the chart of the pair of EUR/GBP, I like using the weekly and monthly ones. Still, I use my favorite technical indicators: RSI and Stochastic. It seems that the last five candles are bullish on the weekly chart, while on the monthly chart, the last two candles are bullish, too. The price movements are above 50 of the RSI indicator. Therefore, my prediction is that the closing price of the pair on the 1st of August will touch 0.9013
EUR/PLN continues bullish trend
The following is a short analysis of the EUR/PLN pair to forecast the closing price of the pair. The last two candles on the weekly chart are bullish and the line of indicators are about to move upward. The last candle on the monthly chart is also bullish. Accordingly, in reference to the last bullish candles on the charts, the closing price of the pair will touch 4.2273 on the 1st of August.
The EUR/NZD shall be bearish
In order to predict the closing price of the EUR/NZD pair, I like using the RSI and Stochastic indicators. Besides, I analyze the weekly and monthly charts of the pair. The monthly chart shows that the last three candles are forming the bearish shooting star, while the indicators on the weekly chart confirm the bearish market of the pair. Therefore, based on the analysis of the charts, the closing price of the pair on the August 1th will touch 1.5050.
EURo shall down against Yen
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.
AUDJPY shall be bearish
In order to forecast the closing price of the AUDJPY on the June 1st, I use the Fractal and Stochastic, and RSI indicators,. Based on the indicators, the weekly chart of the pair shows the main trend of the pair. Last year, during the first 26 weeks, the main trend is bearis, and during the second 26 weeks, the trend is bullish. Technically, the bearish trend shall repeat this year. Accordingly, the closing price of the pair shall touch 72.53 on the next June 1st.
HKDJPY shall be bearish early next March
This is a 1W chart of the pair and the Ichimoku indicator (with my own setup, 7, 22, 44) shows that the Tenkan Sen line is about to cross down the Ki-jun Sen line. It means that the price is going down. Since January 2015 up to early this month, the price goes up and down fromabout 15.11500 to around 16.34000. Therefore, the closing price of the pair on the next March 1, will hit or touch 15.11721.
GBPNZD: Ichimoku - Stochastic Setup (Technical Analysis)
Paying attention to the Weekly Chart of the pair, the indicator shows that the price is far above the Kumo. The Stochastic volume level confirms that the price movement tends to go up. The last candle indicates that the price moves around 2.04000 and 2.09200. Based on the last candle indicator, it can be predicted that the price of the pair on the 1st of April will hit or touch 2.0994
GBPAUD: Ichimoku - Stochastic Setup (Technical Analysis)
The prevailing trend of the pair is up and almost surely the price movement is still going up. As the indicator shows that the price is far above the Kumo this January. It is confirmed by the Stochastic volume level. The last candle indicates that the price goes around 1.9500. Therefore, on the 1st of April, the closing rate of the pair will hit or touch 1.9954.
GBPJPY: Ichimoku - Stochs Setup (Technical Analysis)
In order to forecast the rate of the pair, I use the 7, 22, 44 setup of Ichimoku, instead of the default of 9, 26, 52. I also change the default values of the Stochastic: instead of 5, 3, 3, I use the 14, 3, 3 setup. In reference to the Weekly Chart of the pair, the price movements have been above the Kumo since the 1st of January 2014 (uptrending). The last candle shows that the price moves from around 175.900 to 181.550. Therefore, based on the Stochastic volume level, the price of the pair on…
NZDJPY: It's still strong bullish
Based on the weekly chart of the pair, the trend shall be strongly bullish. In order to predict the closing price of the pair, I use the Channel Up 69% Mar pattern. The pattern started on March 12, 2012, and when the chart was taken, the price move around 85.50. Based on the pattern and the indicator of Stoch (14, 3, 3) and MACD (2, 10, 4), the price of the pair on the 3rd of March will hit or touch 87.75.