edlim's Blog

Avatar

EUR/JPY

W1: below MN-r1; within contracting Alligator; AO below zero but growing.
D1: below W-pp (circa 132.514); within ascending Alligator; AO above zero but falling.
My forecast for EUR/JPY on 1st of June, 12:00 GMT: 132.095.
Indicators: Alligator; Awesome oscillator (AO); Pivot point; Narrow range; & vertical line (forecast date).
Read full story
Translate to Inglese Show original
edlim avatar
edlim 19 Mag

EUR/JPY, D1: price below MN-pp & contracting Alligator lines, but above W-pp (circa 130.196); AO below zero but growing.

oper inserire commenti
Avatar

EUR/JPY

W1: below contracting Alligator; AO below zero & falling.
D1: staying below MN-pp; below descending Alligator; AO below zero & growing.
My forecast for EUR/JPY on 1st of May, 12:00 GMT: 130.920.
Indicators: Alligator; Awesome oscillator (AO); Pivot point; Narrow range; & vertical line (forecast date).
Read full story
Translate to Inglese Show original
edlim avatar
edlim 7 Apr

EUR/JPY, D1: above W-pp (circa 130.729) & contracting Alligator; AO flat-lining.

edlim avatar
edlim 15 Apr

EUR/JPY, D1: above MN-r3 (circa 131.835) & ascending Alligator; AO above zero & growing.

oper inserire commenti
Avatar

EUR/JPY

W1: CK- above cloud, TK & KJ; price- above cloud, between TK & KJ.
D1: below MN-s1; CK- above cloud, below TK & KJ; price- below cloud, TK & KJ.
I expect price to fluctuate between s1 & s2 before moving towards the forecast rate.
My forecast for EUR/JPY on 2nd of April, 12:00 GMT: 134.565.
Indicators: Ichimoku (Tenkan=TK, Ki-jun=KJ, Chikou=CK, Senkou A/B=Cloud); Pivot point; Narrow range; & vertical line (forecast date).
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

EUR/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 rebounded upwards from consolidation zone.
Read full story
Translate to Inglese Show original
edlim avatar
edlim 21 Gen

EUR/JPY D1 chart update: Price finding resistance at 136; expecting price to stay above the green trend-line for the contest duration.

edlim avatar
edlim 30 Gen

EUR/JPY D1 chart update: Price crossed below 61.8% Fibo.; staying above the green trend-line.

oper inserire commenti
Avatar

EUR/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 attempting to break above range formed from late Q3 of 2017.
Read full story
Translate to Inglese Show original
edlim avatar
edlim 20 Gen

EUR/JPY D1 chart update: Price staying above the green trend-line; but finding near-term resistance at 136 level.

edlim avatar
edlim 23 Gen

EUR/JPY D1 chart update: Price consolidating below 136 level (resistance as previously mentioned intact).

edlim avatar
edlim 27 Gen

EUR/JPY H4 chart update: Price straying off from the red zone to cross below 135; found near-term support to rebound back above 50% Fibo. I expect price to fluctuate at around 50% Fibo. for the remaining contest duration.

edlim avatar
edlim 30 Gen

EUR/JPY H4 chart update: Price staying below the 61.8% Fibo (135.26); found near-term support at 38.2% Fibo (134.42). My forecast on 1 February, 12:00 GMT for EUR/JPY: 134.90.

edlim avatar
edlim 31 Gen

UR/JPY H4 chart update: Price revisiting the red zone; forming a "flat-top triangle" pattern.

oper inserire commenti
Avatar

EURJPY

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 from up-swing into ranging phase.
Read full story
Translate to Inglese Show original
edlim avatar
edlim 29 Nov

EUR/JPY chart update

edlim avatar
edlim 19 Dic

EUR/JPY chart update

edlim avatar
edlim 23 Dic

EUR/JPY chart update: Price retracing from up-swing; expecting price to re-visit the blue zone for the remaining contest period.

oper inserire commenti
Avatar

EUR/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 retracing from higher high.
  • Daily (right): Price making near-term support at around 132.
  • My forecast on 1st of December, 12:00 GMT for EUR/JPY: 132.08.
Read full story
Translate to Inglese Show original
edlim avatar
edlim 20 Nov

EUR/JPY chart update
Price rebounded back above 131.50.

edlim avatar
edlim 22 Nov

EUR/JPY chart update
Price retracing back below 132; currently above 131.75.

edlim avatar
edlim 23 Nov

EUR/JPY chart update
Price supported twice at ~131.25; currently above 131.85.

edlim avatar
edlim 27 Nov

EUR/JPY chart update

edlim avatar
edlim 29 Nov

EUR/JPY found near-term support and crossed above 132; currently above 132.17.

oper inserire commenti
Avatar

EUR/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: Making higher high.
Daily: Seeing near-term decrease in demand.
My expected target on 1st of November, 12:00 GMT for EUR/JPY: 131.95.
Read full story
Translate to Inglese Show original
edlim avatar
edlim 24 Ott

6) Price crossed back below 133.5; currently at around 133.27.

edlim avatar
edlim 27 Ott

7) Price made lower low, crossed below 133; currently around 132.7.

edlim avatar
edlim 30 Ott

8) Price finding resistance at low made on Oct.16; currently above 131.60.

edlim avatar
edlim 31 Ott

9) Price made lower low and rebounded from 131.5; currently below 132.

edlim avatar
edlim 1 Nov

10) Price forming "expanding wedge" pattern since last week of September; currently above 132.5.

oper inserire commenti
Avatar

EUR/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 EUR/JPY: 130.57.
The next chart (below) is for easy reference to latest bid price:
Read full story
Translate to Inglese Show original
edlim avatar
edlim 2 Set

3) Price closed week at ~130.755; seeing supply increasing at around 131.5.

edlim avatar
edlim 17 Set

4) Made higher high; found near-term resistance at ~132; closed week at 131.229.

edlim avatar
edlim 27 Set

5) Found near-term support at ~132; currently at ~132.7.

edlim avatar
edlim 28 Set

6) Tracking upwards in a narrow channel; currently at ~132.799.

edlim avatar
edlim 29 Set

7) Price staying within a narrow channel; currently at ~132.61.

oper inserire commenti
Avatar

EUR/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 EUR/JPY: 131.463.
The next chart (below) is for easy reference to latest bid price:
Read full story
Translate to Inglese Show original
edlim avatar
edlim 17 Ago

7) Price attempting down move, at 129.16, making lower low.

edlim avatar
edlim 19 Ago

8) Price oscillating at lower zone between 127.575 to 130.675, currently around 128.41.

edlim avatar
edlim 26 Ago

9) Price closed week at ~130.35; amplitude expanding, nearing pivot around 130.5.

edlim avatar
edlim 29 Ago

10) Price at ~ 131.255; made higher high, revisiting 130.

edlim avatar
edlim 31 Ago

11) Price at ~131.22, fluctuating around July's pivot high.

oper inserire commenti
More