pepy Posted April 28, 2016 Share Posted April 28, 2016 H1 chart. USDJPY seems rise this monrning as the prediction, so the price may will keep rising until test MA100 or the today's resistance at 113.23. If either MA100 or resistance level broken then UJ will have bigger potential to keep rising but if cannot break either one, i am sure the correction would happen. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 16, 2016 Author Share Posted May 16, 2016 There is a big chance for this pair to rise on H1 chart, currently Parabolic SAR and RSI are bullish, EMA50 is slightly neutral with small favour towards bullish trend. Based on my analysis it seems the price will try to break 108.86 and keep doing that until oversold touched. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 18, 2016 Author Share Posted May 18, 2016 USDJPY on H1 chart Parabolic SAR status is Bullish and RSI is bullish too, Stochastic = bullish, and MACD = Bullish. So overall this pairisunder bullish pressure technically, no sign itwill make areversal yet, but according to KDJ and Stoch the price is keep rising and nearly enter overbought area. If evening star or other candle formation formed it may reverse this pair but i think it won't happen today. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 24, 2016 Author Share Posted May 24, 2016 SMA10 cut down SMA20 on H4 frame where USDJPY is the pair. Three inside down pattern which formed also break the lower band successfully and closed below. MACD is at higher lower while Stoch at level 11. There is strong bearish sentiment and it may reach its limit at around 118.00 which become the first suppor level on H4 today. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 27, 2016 Author Share Posted May 27, 2016 Gravestoni doji formed for this USDJPY followed by bearish engulfing pattern, the price is also closed below sma(10). With the other indicators such as Rsi (14) and Stoch fall down to area of 43 both. Macd (12,26,9) also show its movement in low lower. So to conlude it all the price bias is limited bearish. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 2, 2016 Author Share Posted June 2, 2016 Doji formed on USDJPY's one hour frame with the price is once again able to break middle band. RSI(14) indicated bearish momentum with fall to 50, Stochastic fall to 70, and Macd (12,26,9) indicated low lower. So bias is bearish with limited support at psychology area which located at 109.00. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 3, 2016 Author Share Posted June 3, 2016 Double top pattern formed on USDJPY's one hour frame and the price pressed back to the lower level at 109.00 and keep fall even test and break middle band. Macd (12,26,9) formed higher lows, while RSI (14) is below 45 range, Stochastic (5,3,3) is below 13. So, the bias is bearish and it may fall to psychology level at 108.00. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 6, 2016 Author Share Posted June 6, 2016 USDJPY on H1 just break lower band after formed bearish engulfing pattern, EMA 28 is showing BEARISH sentiment with MACD is form lower highs. Stoch seems fall and Parabolic falls to indicated bearish sentiment. Overall the sentiment is limited bearish movement but may still push the price down before corrected. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 8, 2016 Author Share Posted June 8, 2016 USDJPY once again fall towards yesterday, at the moment all indicators still agreed to refer SELL signal as the only signal for this price's movement, which means so potential movement of USDJPY for today still will tend to weaken. 106.20 could be a target for today's movement. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 9, 2016 Author Share Posted June 9, 2016 USDJPY is facing back and turn down up to psychological level at 107.00 and at the same time the price is successfully break EMA(20) and closed below the middle band. Rsi (14) observed to fall to 45 and Stoch fall to around 54. MACD (12,26,9) forms lowers low signal. The bias may fall to target the lower band at 106.55. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 13, 2016 Author Share Posted June 13, 2016 USDJPY observed break psychological level which is today's support at 106.00 on H4 chart and at the same time successfully formed three inside down pattern which also break and closed below today's lower band. Stochastic (5,3,3) observed to fall to level 10. RSI (14) descend to around 33, and Macd (12,26,9) forms lowers low. Overall, the today is still bearish with price has potential to fall down near 105.00. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 20, 2016 Author Share Posted June 20, 2016 If seeing RSI and KDJ it seems this pair still dominated by bearish sentiment but it seems correction may happened but just in small amount. With the current condition technically on H1 chart i see USDJPY pair will still fall and it is better to SELL with a hope the price could form new lows. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 9, 2016 Author Share Posted July 9, 2016 Bearish engulfing pattern seen formed on H4's usdjpy pair chart which means indication for reversal, with the price has bigger chance to fall to around psychological area around 100.00 if can break the mid-band since the bias is strong bearish. Stochastic in this pair is fall to level 35, RSI (14) also fall to level 37 and MACD confirmed this strong bearish bias with forms lower low. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 15, 2016 Author Share Posted July 15, 2016 Gravestone doji formed on few previous candle on H4 chart of USDJPY which turn out to be the price is rising and trying to take over the psychological level at 106.00. Macd (12,26,9) forms higher high. RSI(14) ascend to level 71 and Stochastic (5,3,3) rise to level 62. Price's bias is bullish with the next target to psychological resistance at 107.00. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 22, 2016 Author Share Posted July 22, 2016 On 1 hour time frame the current price of USDJPY is fall below pivot line with MA25 moving above the current price. RSI on the other hand show bearish signal and fall to level 40 and Stochastic (5,3,3) is exactly falling to 49 indicated bearish sentiment. At the moment this pair still bearish and it seems will continue up to New York session. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 26, 2016 Author Share Posted July 26, 2016 USDJPY seems fall drastically this morning after yesterday the price able to reject Moving Average 100 line. Well RSI and Stochastic are showing downtrend too. If the price is able to closed below MA21 there is bigger chance it will drive the price down further. This will be a door to the lower band of this pair. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 2, 2016 Author Share Posted August 2, 2016 USDJPY on H1 chart formed bearish engulfing pattern followed by bearish trend but it seems its going to be weak now. Most of the indicators such as RSI and SuperTrend are showing bearish sentiment but MACD is holding itself with higher low and Stochastic is in the position of bearish. I think this pair is getting slow, so i put the prediction for USDJPY will be bearish limit at least up to New York session. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 8, 2016 Author Share Posted August 8, 2016 USDJPY today still in correction phase. Bearish trend still clear to this pair, so it seems this pair may rise with the current condition up to around 102.901 to 104.005 only. Next, based on the price which trying to break EMA50 down the price will turn around and will be under bearish trend once again unless there is other news indicator that might change it later. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 11, 2016 Author Share Posted August 11, 2016 H1 chart saw USDJPY is climbing up even in 3 days before USDJY weakly closed. Stochastic (5,3,3) saw the line is moving towards level 82 and keep increasing while RSI (14) is rising to level 67. It is possible that the rice will face correction today especially considering Stoch is near overbought area. The target is at most 101.502 Quote Link to comment Share on other sites More sharing options...
pepy Posted August 15, 2016 Author Share Posted August 15, 2016 If we look carefully, it seems that the bearish movement of USDJPY on daily chart has been hampered on level 100.833, numerous times the movement cannot pass this level, so this level could be a new support. If the price can't break 100.833 then the price will fall and could continue and this movement supported by MACD which forms lower low, and RSI(14) fall down to level 50, but Stochastic (5,3,3) seems rise even near overbought area so it may fall later too. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 17, 2016 Author Share Posted August 17, 2016 Morning star is formed on the USDJPY pair 1 hour time frame chart and the price seems able to hold its position above the upper band. Talking about the indicators, RSI(14) observed to rise to around level 58, while Stochastic (5,3,3) rose to level 29. Macd (12,26,9) formed higher high. The bias is potentially bullish with the target for this is at around 101.500. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 18, 2016 Author Share Posted August 18, 2016 USDJPY on H1 chart is moving below daily pivot line while the price also successfully break the resistance point thus make this pair under bearish sentiment. Other indicator such as RSI(14) saw fall to level 42 and Stochastic fall to level 38. At the moment this pair is bearish and may fall towards the 1st support line. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 19, 2016 Author Share Posted August 19, 2016 Bullish engulfing pattern formed on H1 chart, it means USDJPY is under bullish sentiment, considering that Stochastic(5,3,3) which rise to level 58 now before moved near oversold position, RSI (14) spotted to rise to level 51, while MACD formed lower highs. Bias is bullish and the price target is at most 100.420. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 22, 2016 Author Share Posted August 22, 2016 USDJPY on H1 chart formed a bullish gap which means a turning point indication, especially EMA20 is moving under the price. RSI(14) and Stoch(5,3,3) both rise to level 42 and 19 respectively, especially for Stoch which show a sign to out from oversold zone. MACD(12,26,9) on the other hand show lower lows. Bias is bullish and the price may fall a bit but overall will rise up to 100.510. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 23, 2016 Author Share Posted August 23, 2016 There was wide gap at the opening but it seems this pair is still under bearish trend and possibly break the lower band. Bearish engulfing pattern also spotted there. RSI and Stoch is relatively fall, not to mention Stoch has crossover while MACD formed higher low. Price may fall further to around 99.802. Quote Link to comment Share on other sites More sharing options...
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