EURJPY,H1
Date 2013.05.23
Time 01:00
Spoiler:
Open 132.54
High 132.67
Low 132.53
Close 132.59
Volume 183
SMA(5) 132.52
SMA(10) 132.86
SMA(20) 132.84
SMA(50) 132.45
SMA(100) 132.15
SAR 133.27
Indicator window 1
Stoch(5,3,3) 50.8152
Signal 40.1860
Indicator window 2
RSI(14) 47.2301
Indicator window 3
MACD(12,26,9) 0.049
Signal 0.180
Indicator window 4
%R(14) -65.9341
based on combination of indicators above,
trend : NEUTRAL
although at starting point of stochastic hidden bearish divergence at poin level 132.57 which is supported by small shooting star but pair is only moving 20 pips drop down from this divergence point then eight bullish candle pattern are becoming strong bullish power after this divergence which will make rebound will be started now
Never give up, never, never, never (Churchill)
After yesterday's strong reduction of the pair re-tests 132.00 shape (district moving alligator who made a u-turn at South), on the hour chart the stochastic is in its upper zone and is prepared to show a sell signal, reduce think will last to the local minimum 130.00 figure.
double stochastic hidden bearish divergence which are touching piercing line candle pattern are becoming strong bearish power which is able to make pair drop down sharply more than 140 pips from divergence point starting at point level 131.95, then now engulfing bullish candle make this pair rebullish again
Never give up, never, never, never (Churchill)
the pair will go to the point 131.10 which represent the moving average 100 and if the candel of 4H will close under the pair will go down to hit the point 129.50 this is my point of view good luck for all
The couple decided to once again test the punched yesterday moving alligator (touch point - 123.50), from them again occurred southern end, if the pair will manage to overcome the zone of the lower fractals (support 130.60) it will become a signal for sale and to resume the southern wave.
Bear is testing support 1 now, if it can breakout then bearish will gain confirmation there else it back to bullish for re-touch the downtrend line and testing it.
FROM ZERO TO HERO
IF YOU THINK YOU CAN, YOU CAN
The Currency pair of EURJPY on H1 time frame is bearish, confirmed by price under 131.94 and under MA200 is for short area.
today SNR for EURJPY :
R3 : 136.09
R2 : 134.47
R1 : 133.20
PV : 131.58
S1 : 130.31
S2 : 128.69
S3 : 127.42
MA(200) 131.93
Next target maybe hit S2 : 128.69
Yes there were several attempts to jerk down, but as long as price is not ready for the level of support has worked very well, and the last 4 hour candle was even impingement on the level .. to the here and the 200 moving average, there is some sort of easing trend, but what-it suggests that the price drop will not ..
Posting Permissions
Reply With Quote
