P3tr4のブログ

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EURo to dominate

Target for the eurcad is 1.4650.
It may go higher than that, because for three months in a row the market has been climbing higher and registering new high levels.
Overall weekly analysis is bullish, so i am going with the trend.
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EURAUD TO CONTINUE BULLISH

The euro has been gaining, and it looks like the recovery everyone has been watching out for is finally happening.
3 months of bullish candles.
The market visited a previous high, and this month's bullish candle shows strong gin from the euro.
The market tested 1.5300 again, with 1.5700 in sight.
The rocket launch has begun.
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P3tr4 2015年08月27日

The current price is about hundred pips higher than my target, I expect the aussie to get stronger and bring the pair either to my target or lower.

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Bullish EURJPY

For the technical analysis contest, i have realized that i have to use larger time frames to get accurate predictions. I am predicting 148.50 for the EURJPY. This is because it is a round-number area, and the pair has been bullish, i expect some correction, but i do not think the BOJ will change their stance on continuing to weaken the yen currency.
The above screenshot shows the monthly up trend, i expect a correction, but ultimately 150 is the next area to watch.
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