Community
Blog
megajorko's Blog

megajorko's Blog

Avatar

Double bottom of the major pair

megajorko Posted 1 July as Analysis on EUR/USD, Target: 1.185, Date: 3rd of September, 12:00 GMT  in #Technical analysis #Double Bottom #EUR/USD #Ema #Bollinger Bands #Ichimoku #Rsi
Hello traders,
I have made some short tehnical analysis on the pair for the Daily and Weekly charts based on some major indicators which are (Bollinger Bands, Exponential moving average and Relative strength index) I also included the Ichimoku overlay chart for some clue on the cloud sentiment if we can say so.
On the Daily chart we can see the following picture:
Here we have 3 bottoms. The price tried to reach unsuccessfully the level 1.15 and after the recent sharp spike of the EUR we can see …
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

Possible range

megajorko Posted 19 May as Analysis on EUR/USD, Target: 1.1717, Date: 2nd of July, 12:00 GMT  in #Technical analysis #EUR/USD #Ema #Bollinger Bands #Rsi 14 #Fomc Meeting Minutes
Technical analysis on the EUR/USD pair for the 2nd of July.
The current trend is obviosly down and it started in the middle of April. After some observation on the Bollinger bands we can see that the price is currently attracted by the lower BB which is at about level 1.17 on the Daily chart.
The level of the relative strength index is showing deep oversold levels even under 15 on the default Daily parameters.
After looking on the weekly chart we can say that the price is even trying to reach t…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

Analysis of the USD/JPY pair

megajorko Posted 17 Sep. as Analysis on USD/JPY, Target: 109.69, Date: 1st of November, 12:00 GMT  in #Technical analysis #USD/JPY #Ema #Bollinger Bands #Pivot Levels
Analysis on this pair are made on some basic indicators but there could be a major upcoming fundamental event which could change all predictions (elections in Japan)
Firstly we can look at the Daily chart to check the pivot levels, currently it is about 110.5 with highest resistance at 111.8 and lowest (S3) support of 108.
The price has made several big fluctuations since late February (108-114) It failed the medium break (111) but it also failed to break the strong support (108). I suppose that…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

Magical numbers

megajorko Posted 1 Oct. as Analysis on EUR/USD, Target: 1.133, Date: 1st of December, 12:00 GMT  in #Technical analysis #EUR/USD #Ema #Bollinger Bands #Magic #Numbers
According to the latest analysis the main Forex pair is tightly ranging in the several magic numbers - 1.1111, 1.1222, 1.1333 with a lot stay at level 1.1234.
The 4Hr chart shows the following picture:
We have a formed triangle which is undecided on the side- bear or bull. The 200 EMA is on the present value but it has a rising slope showing that more bulls power is coming. The crossing of the lines shows that in the beginning of November something big may happen and probably than will be decide…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

The fall of euro

megajorko Posted 11 June as Analysis on EUR/USD, Target: 1.111, Date: 1st of August, 12:00 GMT  in #Technical analysis #EUR/USD #Fed #Bollinger Bands #Double Top #Interest Rate Decision
As we can see on the Daily timeframe there is obvious head and shoulders:
According to the BB we can see that the price has targeted the lower Bolinger which is exactly our target. The hawkish fed will surely increase the rate which will lead to penetration of the round number 1.1
On the weekly chart we can see that the average price is also around 1.11 and it is the medium Bollinger also from the start of the big range (1.08 - 1.16):
Everything which will happen depends on the June's fed's rate…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments