ivanbgd's Blog
EUR/JPY Strong Support Level
Daily time frame, established figure channel and price now able to go above the EMA21 and EMA55 moving average. No matter what the main trend down, prices failed at least for now to break the strong support zone of blue sup / dem indicator. Currently the price is above the EMA21 and EMA55 level and RSI is above the 50 level, which indicates that the trend up to now. Price is likely to come close to the 23.6% level of Fibonacci retrecement.Also on h4 time frame it can be noted a strong trend up a…
EUR/JPY analysis
Daily time frame price is within the channel figure form. I expect to form a trend down because the price rebounded from the figure above channel formation and candles show that the trend down has already begun. SMA100 and SMA200 moving averages are above the price at the same time represent a strong resistance level.Weekly time frame price has rebounded from sma100 and continues on his way down. RSI is below 50, and sma200 far below. I'm laid Fibonacci expansion, and it can be noted that the pr…
EUR/JPY analysis
Weekly time frame, the price ranges between two SMA100 and SMA200. We move down looks slowed and stopped by the strong support level 38.2% Fibonacci expansion. Next step is to move up to the next period. It also should be noted that the RSI indicator repeatedly showed divergence and this is another confirmation of a possible trend reversal.The situation in the long time frame, the RSI above 50 and women above the SMA100.
Price encountering strong support
Current slight trend down on a monthly time frame may be terminated in the coming weeks for several reasons. The price is near a strong support level of Fibonacci expansion and it has a great impact on short-term buy. Short-term on such a large time frame means a few weeks. I think that the price of the first to descend down to 15.5% or 23.6% of Fibonacci, and then back up strongly above the current price .On weekly time frame price has fared 55sma but slightly. This support will only have an im…
Strong trend
This currency pair on a monthly time frame shows a strong trend long. ADX = 38, also breaking strong resistance fibonacci 61.8 indicates a further move up to the next resistance fibonacci 100%. My target is halfway to 100% fibonacci, in view of the time that remains until this date. On the daily time frame you can see that the price of a few days ago, broke the figure of a triangle, is currently the United States in a small rollback. Other indicators for this currency pair on a monthly time fram…
Long sentiment
The movement of prices EUR / JPY up toward the consequences of punching 61.8% Fibonacci expansion to four per month, chart 23 dec. . If you look at the month chart clearly shows the trend changes to up for this couple. More indicators confirm it.
Weekly chart:
MACD (26,12,9) long
CCI (14) Long
MOMENTUM (10) Long
ROC (10) Long
I set the price a little inad strong resistance 61.8% Fibonacci expansion on a monthly chart. Otherwise, this Fibonacci expansion level has already been breached. There wil…
Weekly chart:
MACD (26,12,9) long
CCI (14) Long
MOMENTUM (10) Long
ROC (10) Long
I set the price a little inad strong resistance 61.8% Fibonacci expansion on a monthly chart. Otherwise, this Fibonacci expansion level has already been breached. There wil…
Very strong resistance for EUR/JPY
this pair is below the 61.8% Fibonacci expansion on chart four months. Two months is very little to Fibonaci expansion showed all the power, because I have not predicted a lot of pips short.
-day chart - shows macdfix sell, RSI is near the 50, two divergence on MACD and RSI. I think it will be a long price to be around the level of 61.8%.
-day chart - shows macdfix sell, RSI is near the 50, two divergence on MACD and RSI. I think it will be a long price to be around the level of 61.8%.