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CHFJPY to form a range trading after a bullish move

ijayakumar Posted 11 Oct. as Analysis on CHF/JPY, Target: 128.7200, Date: 1st of December, 12:00 GMT  in #Technical analysis #Patterns #CHF/JPY #Candlesticks
CHFJPY is expected to move little high before forming a range trading. Please find the chart analysis,
Weekly chart:

- In longer trend, this pair is maintaining a good support in it's trend as shown in the graph
- Considering the previous small red candles and current green candles, this pair expected to go bullish as it just hits at it's pattern bottom
- Parallel dotted line is expected to be the upcoming resistance which is just below 129
Daily Chart:
 - Price is just moving over 50 SMA and e…
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2 Comments
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ijayakumar 21 Oct.

It's moving nicely as expected!

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ijayakumar 20 Nov.

Swiss franc has almost given up against all of it's pair and hence it is well below the expected value and it may go even low.

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CADJPY to go bullish

ijayakumar Posted 11 Oct. as Analysis on CAD/JPY, Target: 95.3200, Date: 1st of December, 12:00 GMT  in #Technical analysis #Patterns #Price Action #CAD/JPY #Candlesticks
CADJPY is expected to go bullish, as Risk on strategy is slowly catching up. Please find the chart analysis,
Weekly Chart:
 - Candlestick pattern clearly shows the bullish trend signal and reformation of RiskOn strategy
- Expected to form a bullish pattern as shown in the chart
- 1st Bullish target is 95 range and expected to be in that range for sometime before reaching the 98 range if bullish trend continues
Daily Chart:
- Representing a double bottom which is aided by increase in OBV suggests…
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ijayakumar 21 Oct.

Retracing more early than expected. Lets wait and watch!

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ijayakumar 20 Nov.

This pair has formed a range trading and it may seem to finish well below 93 itself, as JPY started strengthening as well!

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AUDNZD is trading with excellent Support/Resistance

ijayakumar Posted 6 Oct. as Analysis on AUD/NZD, Target: 1.1235, Date: 1st of December, 12:00 GMT  in #Technical analysis #Patterns #AUD/NZD #Price Action #Strength #Candlestick
AUDNZD pair is expected to continue it's range trading, as it's trading with excellent Support and Resistance. Please find the analysis using charts,
Weekly chart:
- Weekly chart is clearly showing the struggle between the drawn pattern lines
- This pair is trading excellently in a range which is expected to continue further
- The same Resistance level is struggled in 2014 which shows that this level might breakout but not in near future
Daily Chart:
 - Daily chart just validates the informatio…
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ijayakumar 7 Oct.

As NZ currency is getting stronger, this pair is expected to go bearish and end up in 1.07 range.

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AUDJPY bearish trend to continue

ijayakumar Posted 1 Oct. as Analysis on AUD/JPY, Target: 80.9200, Date: 1st of December, 12:00 GMT  in #Technical analysis #Patterns #AUD/JPY #Price Action #Sma #Candlesticks
Australia economy is still in weak condition, as it's largely dependent Chinese market hasn't received yet. Please find below the further analysis on chart,
Weekly Chart:
No real patterns or movement in the Monthly chart, hence picket up the Weekly chart for analysis. Please find below some if my inferences,
- Connecting previous high's and low's formed a downtrend pattern and it's expected to continue further, as no real support is found
- Recent strong bearish price action (circled in red) a…
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ijayakumar 21 Oct.

Aussie dollar has started appreciating against it's pair, hence forecast might widen if Chinese economy and Aussie economy back on track!

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ijayakumar 11 Nov.

Aussie is well over the expected price range and this gap may widen if Aussie starts appreciating. But given the circumstances, it is highly unlikely for Aussie to dominate JPY, as Chinese data starts worsening. Hence I believe that this target still in sight!

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EURUSD moving nice and slow positively

ijayakumar Posted 29 Sep. as Analysis on EUR/USD, Target: 1.1311, Date: 2nd of November, 12:00 GMT  in #Technical analysis #Patterns #Price Action #EUR/USD #Sma #Candlesticks
Please find the analysis from 4 hr chart.
- Nicely setting up a pattern move after the recovery from FED price moves.
- Price action shows good bullish encounter to overcome the red candles
- Strong Price action near 50 SMA yet the currency looks positive to go further before this week.
Please find the analysis from 1 hr chart,
- Green circle shows the clear bullish price action which would push the price further high
- Nicely setting up for a Fibonacci retracement and it is expected to go acc…
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ijayakumar 21 Oct.

This is still likely to happen!

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