Here is the update for USDJPY
THE MASTER TRADER
Friday, March 13, 2015
2015 EURUSD MasterChart 1.6000 - 1.0000 (Parity)
These are the Monthly, Weekly, Daily and H8 MasterCharts for EURUSD. The charts are such a useful reference material that I will advise all traders of the pair to print and frame the charts on their trading walls.
The 2015 Masterchart for GBPJPY from 120-190
These are the Monthly, Weekly, Daily and H8 MasterCharts for GBPJPY. The charts are such a useful reference point that I will advise all traders of GBPY to print and frame the charts on their trading walls.
Tuesday, February 17, 2015
2015 AUDUSD ANALYSIS
2015 AUDUSD ANALYSIS
The AUDUSD opened the year (2014) at 0.8650 and rose 0.9500 by April 2014. The trading range for the 4 quarters in 2014 are as follows:
Jan-March - 0.8500-0.9500
April-June - 0.9000-0.9500
July-Sept - 0.9500-0.8500- Strong bear
Oct-Date - 0.9000-0.8500– bearish continuation
What do I see? The price is back where it started in January 2014. The trend continued and 0.8000 was breached. The best strategy between now and the end of 2014 is to closely monitor 2000 pips in either direction from 0.9000 as follows:
For Bearish Run
0.9000-0.8500
0.8500-0.8000
The AUDUSD opened the year (2014) at 0.8650 and rose 0.9500 by April 2014. The trading range for the 4 quarters in 2014 are as follows:
Jan-March - 0.8500-0.9500
April-June - 0.9000-0.9500
July-Sept - 0.9500-0.8500- Strong bear
Oct-Date - 0.9000-0.8500– bearish continuation
What do I see? The price is back where it started in January 2014. The trend continued and 0.8000 was breached. The best strategy between now and the end of 2014 is to closely monitor 2000 pips in either direction from 0.9000 as follows:
For Bearish Run
0.9000-0.8500
0.8500-0.8000
0.8000-0.7500
0.7500-0-7000
For Bullish Reversal
0.9000-0.9500
0.9500-1.0000
The long-term picture from the monthly chart is that extended bearish run from 0.9000 since July 2014 is still intact. 0.7500 is now place to keep an eye on.
Compare your current charts with monthly and weekly charts as at November 2014 below.
For Bullish Reversal
0.9000-0.9500
0.9500-1.0000
The long-term picture from the monthly chart is that extended bearish run from 0.9000 since July 2014 is still intact. 0.7500 is now place to keep an eye on.
Compare your current charts with monthly and weekly charts as at November 2014 below.
Attached Images (click to enlarge)
2015 EURUSD ANALYSIS
EURUSD
The EURUSD opened the year (2014) at 1.3700 and fell 1.3500 in February. The trading range for the 4 quarters in 2014 are as follows:
Jan-March - 1.3500-1.4000
April-June - 1.3500-1.4000
July-Sept - 1.3500-1.2500- Strong bear
Oct-Date - 1.2500 -1.2350 – bearish continuation
What do I see? A race to the strong support at 1.2000 since 2006 is a strong possibility. The best strategy in 2015 to closely monitor 1500 pips in either direction from 1.2500 as follows:
For Bearish Run
1.2500-1.2000
1.2000-1.1500
The EURUSD opened the year (2014) at 1.3700 and fell 1.3500 in February. The trading range for the 4 quarters in 2014 are as follows:
Jan-March - 1.3500-1.4000
April-June - 1.3500-1.4000
July-Sept - 1.3500-1.2500- Strong bear
Oct-Date - 1.2500 -1.2350 – bearish continuation
What do I see? A race to the strong support at 1.2000 since 2006 is a strong possibility. The best strategy in 2015 to closely monitor 1500 pips in either direction from 1.2500 as follows:
For Bearish Run
1.2500-1.2000
1.2000-1.1500
1.1500-1.1000
For Bullish Reversal
1.2500-1.3000
1.3000-1.3500
The long-term picture from the monthly chart is that the price is extended bearish from 1.4000 since May 2014. 1.1000 is now the the place to watch
For Bullish Reversal
1.2500-1.3000
1.3000-1.3500
The long-term picture from the monthly chart is that the price is extended bearish from 1.4000 since May 2014. 1.1000 is now the the place to watch
Compare the current monthly and weekly charts with the charts as at November 2014
2015 GBPUSD ANALYSIS
2015 GBPUSD ANALYSIS/UPDATE
The following analysis for November 2014 is still valid
The GBPUSD opened the year at 1.6300. The trading range for the 4 quarters in 2014 as follows:
Jan-March - 1.6300-1.6800
April-June - 1.6800-1.7200
July-Sept - 1.7200-1.6300- Strong bear
Oct-Date - 1.6300 -1.5580 – bearish continuation
What do I see? 1.5300 is very close, while the strong resistance levels at 1.4800 and 1.4300 are far off. The best strategy between now and the end of 2014 is to closely monitor 1500 pips in either direction from 15800 as follows:
For Bearish Run
1.5800-1.5300
1.5300-1.4800
1.4800-1.4300
For Bullish Reversal
1.5800-1.6300
1.6300-1.6800
1.6800-1.7300
The long-term picture from the monthly chart is that the bullish run from 1.4800 in July 2013 was reversed in July 2014 and we are on extended bearish reversal since then. If 1.4800 support is broken by the monthly candle, then the reversal is complete.
The following analysis for November 2014 is still valid
The GBPUSD opened the year at 1.6300. The trading range for the 4 quarters in 2014 as follows:
Jan-March - 1.6300-1.6800
April-June - 1.6800-1.7200
July-Sept - 1.7200-1.6300- Strong bear
Oct-Date - 1.6300 -1.5580 – bearish continuation
What do I see? 1.5300 is very close, while the strong resistance levels at 1.4800 and 1.4300 are far off. The best strategy between now and the end of 2014 is to closely monitor 1500 pips in either direction from 15800 as follows:
For Bearish Run
1.5800-1.5300
1.5300-1.4800
1.4800-1.4300
For Bullish Reversal
1.5800-1.6300
1.6300-1.6800
1.6800-1.7300
The long-term picture from the monthly chart is that the bullish run from 1.4800 in July 2013 was reversed in July 2014 and we are on extended bearish reversal since then. If 1.4800 support is broken by the monthly candle, then the reversal is complete.
ee the monthly and weekly charts below.
USDJPY 2015 UPDATE AND ANALYSIS
The USDJPY opened the year 2014 at 105 and dropped to 100 in February. The trading range for the 4 quarters in 2014 are as follows:
Jan-March - 100-105
April-June - 100-105
July-Sept - 100-110 – Strong bull
Oct-Date - 105-120? – Bullish continuation
What do I see? 125 is very close, while the strong resistance at 145 is not far off. The best strategy in 2015 to closely monitor 1500 pips in either direction from 120 as follows:
For Bullish Run
120-125
25-130
130-135
For Bearish Reversal
120-115
115-110
110-105
Compare your current monthly and weekly charts with the charts I posted in November 2014.
The USDJPY opened the year 2014 at 105 and dropped to 100 in February. The trading range for the 4 quarters in 2014 are as follows:
Jan-March - 100-105
April-June - 100-105
July-Sept - 100-110 – Strong bull
Oct-Date - 105-120? – Bullish continuation
What do I see? 125 is very close, while the strong resistance at 145 is not far off. The best strategy in 2015 to closely monitor 1500 pips in either direction from 120 as follows:
For Bullish Run
120-125
25-130
130-135
For Bearish Reversal
120-115
115-110
110-105
Subscribe to:
Posts (Atom)