pepy Posted September 13, 2016 Share Posted September 13, 2016 Based on 1 hour frame of GBPJPY it seems this pair formed bullish engulfing pattern but followed by few bearish/black candle after that. The other indicators gives mixed. First, Parabolic SAR with bullish signal, and so do RSI(14) which rose to level 52 but MACD (12,26,9) is formed higher low from lower low and the price is moving below EMA100. I think should wait for MACD to pass and formed lower high first so we could said it a pure bullish. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 15, 2016 Share Posted September 15, 2016 Wedge pattern and rejection from EMA100 is a strong indicator for this pair's bearish trend on GBPJPY's 1 hour time frame, the price also able to break middle band and closed below. Parabolic SAR here is above the price make bearish signal. RSI(14) and Stochastic (5,3,3) observed fall to around 49 and 60. Based on all the evidence i think the bias is bearish and price may fall towards 134.95 . Quote Link to comment Share on other sites More sharing options...
pepy Posted September 16, 2016 Share Posted September 16, 2016 Bearish wedge pattern spotted on 30 minutes chart of GBJPY also after see the breakout of EMA100 twice and one rejection this pair may fall further. RSI(14) here spotted to rise to level 49, while Stochastic(5,3,3) fell to level 37. MACD formed higher low on the bearish zone. Last, PSAR which is moving above price and means bearish. Target is at 134.75 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 19, 2016 Share Posted September 19, 2016 GBPJPY on H1 chart spotted to keep falling down especially with bearish engulfing pattern formed. RSI and Stochastic both observed fell down to level 36 and 45 respectively. MACD on the red zone which means bearish and Parabolic SAR is moving above of the current price. Based on that this pair may be under bearish sentiment and will fall at most to 134.30 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 20, 2016 Share Posted September 20, 2016 Bearish engulfing pattern spotted on GBPJPY's 30 minutes time frame chart with the price also successfully break the lower band and closed below lower band. RSI(14) is bearish with the indicator fell towards 34 while Stochastic(5,3,3) fell down to around level 26. MACD(12,26,9) still in the red zone while higher low formed and Parabolic SAR is below the price. So overall it is bullish and the target is at 133.15 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 21, 2016 Share Posted September 21, 2016 Bullish sentiment detected on 1 hour time frame of GBPJPY pair. Not just that the price succcessfully break the middle band before formed bullish engulfing pattern. RSI(14) in this chart rose to level 68 while Stochastic(5,3,3) rose to level 36. MACD (12,26,9) in this case is in the red zone with higher low formation. Well based on that the conclusion for GBPJPY will rise to 133.27 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 22, 2016 Share Posted September 22, 2016 GBPJPY trend towards bearish sentiment is pretty much strong especially after the price failed to break EMA100 and isntead rejected, also the price currently able to break the lower band and closed below. Parabolic SAR is moving above the price means bearish, MACD formed lower low on red zone, but RSI(14) rose a bit to level 49. Overall the trend is bearish for this pair and may fall towards 130.35 at most. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 23, 2016 Share Posted September 23, 2016 There are 2 keys here, first is rejection from EMA100 and there is hanging man followed. Price also break the middle band and closed below. RSI(14) in this chart fell down to level 48 and Stochastic(5,3,3) fell down to level 20. MACD(12,26,9) in the green zone but formed lower high from higher high. Parabolic SAR is bullish. Overall GBPJPY is bearish condition and price may fall towards 131.05 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 26, 2016 Share Posted September 26, 2016 On 1 hour time frame chart it seems that GBPJPY still under bearish sentiment, judging by hanging man which formed in this chart also the price just break the middle band. RSI(14) slightly rise to level 51, MACD on red zone, Parabolic SAR is moving above the price which means bearish and EMA100 fall down. The bias is bearish and price may fall to 130.70 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 28, 2016 Share Posted September 28, 2016 GBPJPY on 1 hour chart indicates that the price is above EMA100 and the price also successfully break the upper band. With this the price may under bullish pressure. RSI(14) seems rise to around level 61 and Stochastic(5,3,3) rise to around level 72. The parabolic SAR is moving below the current price candle and MACD(12,26,9) formed lower high on green zone. Based on the analysis above , the pair is predicted strong bullish with resistance at 132.00 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 29, 2016 Share Posted September 29, 2016 GBPJPY on 1 hour time frame chart successfully break EMA100 and closed above the line, Parabolic SAR is bullish too with move below the current price. RSI and Stochastic both rise compared to previous level, MACD also show the bullish signal. According to that strong bullish signal is the option and price may target 132.30 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 1, 2016 Share Posted October 1, 2016 The 1 hour graph chart show that the price is fall back and now below EMA100 and Parabolic SAR. The price is also below pivot level. In this chart it observed that RSI(14) seems fall to around level 43 and Stoch seems to fall to around level 12 with MACD formed higher low on red zone. According to analysis above, then GBPJPY predicted to be bearish with the support at 130.27 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 5, 2016 Share Posted October 5, 2016 1 hour chart shown us that the price of GBPJPY on this chart doesn't show any kind of breakout on EMA100 line and the price as you can see failed to that and closed down below. RSI(14) seems fall down to around level 49, while Stochastic(5,3,3) observed to fall down to around level 55. MACD on red zone but with higher low, while Parabolic SAR is above the price which means bearish. Overall this pair's bias is bearish with support at 130.45 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 8, 2016 Share Posted October 8, 2016 GBPJPY's price on 4 hour time frame chart show us the pound sterling price is weakening and make GBPJPY pair fall free and the price is now current is below EMA100. Bearish engulfing pattern also spotted before. While it is not just the chart, RSI and Stochastic also fall down to level 13 and 16 which means oversold but there is still big chance for fall deeper. Parabolic SAR is above the price which means bullish but MACD is different with lower high on green zone. Based on that i can conclude this pair is bearish with support at 124.88 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 10, 2016 Share Posted October 10, 2016 GBPJPY on 1 hour chart indicates that the price is below pivot line and not just that it seems the price is also below EMA100 and it is quite strong. Parabolic SAR is different with moving above the price indicated for bearish but RSI(14) and Stochastic(5,3,3) fall down to the different area, where RSI fall to level 32 and Stoch fall to level 16 which means oversold. MACD on the red zone with lower low formation. Based on the analysis above the 1 hour chart, the pair is predicted bearish with support at 125.59 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 12, 2016 Share Posted October 12, 2016 Based on 4 hour time frame chart of GBPJPY the price is able to break the middle band and closed above since bullish engulfing pattern spotted by this chart. Parabolic SAR is bullish and RSI rise to level 40 indicated bullish sentiment, but Stochastic fall to level 30. MACD formed higher high on green zone. So based on that the pair expected to be bullish with resistance at 127.200 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 13, 2016 Share Posted October 13, 2016 GBPCHF on 30 minutes chart seems to be bearish with the price is keep moving below pivot line, EMA100 and Parabolic SAR. RSI(14) in this chart fall down to level 44 and Stochastic(5,3,3) fall down to level 58 and MACD formed lower low on the red zone. The price indication is bearish and expected to be like that, and the support is at 1.1948 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 18, 2016 Share Posted October 18, 2016 GBPJPY saw that the price able to formed a doji candle where the price was failed to break the upper band channel and closed below. Paraboli SAR and EMA100 in this chart is moving above the price where RSI(14) and Stochastic(5,3,3) fall down to level 34 for RSI and Stoch fall to around level 29. So the conclusion here is the price trend is bearish and may fall towards 126.76 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 21, 2016 Share Posted October 21, 2016 On 4 hour chart it seems like that GBPJY is able to recover and even able to break EMA100 and lower channel, not just that the price closed above. With the price is above pivot or even EMA100 we can say this one is pretty much bullish Not to mention, RSI(14) seems rise to level 53 and Stochastic rise to level 80. While MACD formed a higher high on the green zone. So based on the current condition this pair is expected to be bullish with resistance at 127.54 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 25, 2016 Share Posted October 25, 2016 GBPJPY on 1 hour time frame failed to rise and break the upper band channel because of the murray math 7/8 which blocked the movement. Price which is falling down supported by bearish engulfing pattern where the lowest point even reached 127.435. RSI and Stochastic both fall down to around level 57 and 52 respectively where MACD(12,26,9) formed higher low. Bias for this pair is bearish with correction may target the first resistance at 129.96 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 27, 2016 Share Posted October 27, 2016 On 1 hour chart it seems that GBPJPY failed to break the middle band and rise further which means that the sentiment is quite strong. The price also opened above pivot line. RSI and Stochastic in this chart observed to rise around level 58 and 59 respectively, while MACD(12,26,9) formed higher high on the green zone. So based on the analysis above, this pair will rise to the resistance around 128.33 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 28, 2016 Share Posted October 28, 2016 GBPJPY seems failed to continue its weakening movement below EMA100 and the price is now above the current line. RSI(14) in this chart observed to rise around level 50 while Stochastic(5,3,3) rise to level 65. MACD seems formed lower high and Parabolic SAR is moving just exactly below the price. Based on that the pair's price may rise to the resistance at 128.32 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 31, 2016 Share Posted October 31, 2016 GBPJPY show that the price successfully out from seller pressure after able to break EMA100 and closed above, simultaneously with middle band breakout considering few black candle formed and overall head and shoulder. RSI and Stocastic also support the bullish sentiment after showing a bullish signal. According to the analysis above then this pair will rise towards resistance at 128.27 Quote Link to comment Share on other sites More sharing options...
pepy Posted November 1, 2016 Share Posted November 1, 2016 Bearish engulfing pattern spotted on H1 chart of GBPJPY, and after few hours later EMA100 and middle band got a breakout and the price closed below. RSI and Stochastic which means near term bearish trend. MACD formed lower lows with Parabolic SAR is moving below the price. According to my analysis, this pair will weakening towards support at 127.66 Quote Link to comment Share on other sites More sharing options...
pepy Posted November 8, 2016 Share Posted November 8, 2016 Bearish engulfing pattern on 30 minutes chart observed which brought the price of GBPJPY to lower level, the price also able to break the Parabolic SAR and changed the course of it. RSI(14) and Stochastic(5,3,3) both observed to fall down to around level 50 and 57. MACD(12,26,9) here formed lower lows. Based on all the fact this pair seems under bearish sentiment and will fall up to around 129.05 Quote Link to comment Share on other sites More sharing options...
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